Investment Adviser Licence (Mauritius)
The Investment Adviser Licence is issued by Financial Services Commission (FSC) under Securities Act 2005. It covers investment advice. It is valid in Mauritius only; each other market needs its own authorisation. Ownership changes need the regulator's approval before completion.
At a glance
| Official name | Investment Adviser Licence1 |
|---|---|
| Issued by | Financial Services Commission |
| Jurisdiction | Mauritius |
| Licence family | Investment firm / broker-dealer |
| Legal basis | Securities Act 20051 |
| Passporting | Domestic only |
What it lets you do
- Investment advice. Giving personal recommendations to a client about one or more transactions in financial instruments.
Where it is valid
Buying a company that already holds it
Prior approval required. Under Section 23 of the Financial Services Act 2007 and Section 16 of the VAITOS Act 2021, any issue or transfer of shares or legal or beneficial interest in a licensee requires the prior approval of the FSC, and any unauthorized transfer is void. Prior approval is not required for transfers under 5% (unless resulting in an individual holding over 20% or a change of control) or transfers to existing shareholders that do not alter control, both of which require written notification to the Commission. A controller is defined as any person holding or controlling not less than 20% of shares or voting power, or able to exercise significant influence, or holding board appointment/removal powers. Controllers and beneficial owners are subject to fit and proper vetting.2
Ready-made companies holding this licence: see verified positions.
Sources
- lawsofmauritius.govmu.org: web · retrieved 2026-09-24
- lawsofmauritius.govmu.org: web · retrieved 2026-09-24
Want the IF licence in Mauritius?
Tell us your business model and target markets. We check the fit before you spend on an application, then handle the licence end to end.
A free preliminary assessment: we check your business model against the licence before you spend on an application. We handle this licence and any other fintech licence, including jurisdictions the Atlas does not cover yet.