Investment dealer licence in Mauritius, with a bank account

About This Company

This Mauritius investment dealer licence, issued by the Financial Services Commission (FSC) in Q4 2023 and described by the seller as active, is held by a company with no previous business activity. A local administrative bank account comes with it, along with a team of two local directors, a compliance officer, an MLRO and deputy MLRO, and a company secretary. USD 26,000 of regulatory capital has been paid up and is part of the sale. The seller lists the permitted activities as acting for clients as an intermediary in securities deals, trading securities as principal to resell to the public, and giving investment advice ancillary to ordinary business. Underwriting is excluded. Shareholding changes need the FSC's prior approval: Section 23 of the Financial Services Act 2007 and Section 16 of the VAITOS Act 2021 require approval before any issue or transfer of shares, or of a legal or beneficial interest, in a licensee. The legal basis is the Securities Act 2005, and the authorisation does not passport.