Investment dealer licence in Mauritius

About This Company

The Financial Services Commission in Ébène decides whether an incoming owner may take over an investment dealer licence. In practice, market applicants face application fees ranging from USD 500 to USD 3,250 during licensing. Acquiring the entity passes on ongoing obligations under the Securities Act 2005 under code SEC-2.1B for an Investment Dealer (Full Service Dealer excluding Underwriting). Authorisation scope is domestic, with no passporting rights into other jurisdictions. Mandated under the Financial Services Act 2007, the Commission monitors conduct across securities, investment funds, pensions, insurance, and virtual assets. Under Section 23 of the Financial Services Act 2007 and Section 16 of the VAITOS Act 2021, any transfer of shares or beneficial interest requires prior Commission approval. Unauthorised transfers are void under Section 23. Notice in writing must be sent to the Commission for share transactions under 5% or internal transfers that do not modify control. Fit and proper vetting applies to beneficial owners and controllers holding not less than 20% of shares or voting power, exercising significant influence, or holding board appointment powers. Public register searches allow the buyer to confirm the company's full legal name, category, licence reference number, and authorization status.