Investment dealer licence in Mauritius

About This Company

Securities Act 2005 legislation defines the statutory framework for an Investment Dealer Licence in Mauritius. Authorised entities most commonly hold sub-category SEC-2.1B as an Investment Dealer (Full Service Dealer excluding Underwriting). Permitted business in the Atlas catalogue encompasses order intake, transmitting client instructions, executing trades for customers, and dealing for own account. Cross-border expansion is constrained because the licence provides domestic coverage and cannot passport abroad. The Financial Services Commission regulates these market activities from Ébène. Mandated by the Financial Services Act 2007, the FSC supervises conduct across securities, investment funds, pensions, insurance, and virtual assets. Any transfer of shares or beneficial interest requires prior approval under Section 23 of the Financial Services Act 2007 and Section 16 of the VAITOS Act 2021. Unapproved transfers are void by law. Transactions below 5% are exempt from prior approval unless they create an individual holding exceeding 20% or alter control. Controllers holding not less than 20% of shares or voting power must satisfy fit and proper standards. A buyer should verify the company's reference number and licence category on the public register before completing an acquisition.