Investment dealer licence in Mauritius

About This Company

The Securities Act 2005 establishes the legal basis for an Investment Dealer Licence in Mauritius. Before signing an acquisition contract, the buyer should access the public register to verify whether the company holds an active licence. Filtering the register by licence category or entity name displays the company's full legal name, licence category, licence reference number, and current authorization status. Listed filings commonly cite code SEC-2.1B for an Investment Dealer (Full Service Dealer excluding Underwriting). Operational scope remains purely domestic because the licence does not passport into other jurisdictions. Covered activities under Atlas classifications extend to order reception, transmission of orders, executing client orders, and dealing for own account. Regulators in Ébène require fit and proper vetting for all beneficial owners and controllers. Section 23 of the Financial Services Act 2007 defines a controller as anyone holding not less than 20% of shares or voting power, exercising significant influence, or holding board appointment powers. Unauthorised transfers remain void under Section 23. Statutory approval from the Financial Services Commission is required for share issues or transfers under Section 16 of the VAITOS Act 2021 unless the acquisition remains under 5% without creating a controller. Written notification to the Commission must still be filed for such exempt transactions.