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    Investment Dealer License in Mauritius (FSP)

    Description

    L#20240694

    In view of establishing Mauritius as the centre for the FinTech ecosystem in the region, the Financial Services Commission, Mauritius (the “FSC”) has been setting up regulatory frameworks for innovation-driven financial services in the jurisdiction over the past years. The FSP licence aims at offering providers of services to financial institutions, with a conducive supervisory regime if they wish to establish a commercial presence and operate in or from Mauritius.

    This particular license is that of an investment dealer which incorporated in 2020.

    The license is already insured for one year and has obtained pre approval for onboarding with Virtual Pay.

    The proposed company holds 2 types of licenses:

    1. The Dealer License, under the Securities Act 2005.
    2. Securities License, under Licensing Rules 2007.
    3. Financial Services License, under Consolidated Licensing and Fees Rules 2008.
    4. Global Business License (GBL), under the Financial Services Act.

    Fee schedule

    1. Annual Renewal: $76,000
    2. Monthly Maintenance: $30,000

    General

    • MT4/ Other Systems
    • 8 Employees
    • 2 Banks

    Basic Details

    Target Price:

    $ 700,000

    Business ID:

    L#20240694

    Country

    Mauritius

    Detail

    Business ID:L#20240694
    Target Price: $ 700,000
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      In view of establishing Mauritius as the centre for the FinTech ecosystem in the region, the Financial Services Commission, Mauritius (the “FSC”) has been setting up regulatory frameworks for innovation-driven financial services in the jurisdiction over the past years. The FSP licence aims at offering providers of services to financial institutions, with a conducive supervisory regime if they wish to establish a commercial presence and operate in or from Mauritius.

      This particular license is that of an investment dealer which incorporated in 2020.

      The license is already insured for one year and has obtained pre approval for onboarding with Virtual Pay.

      The proposed company holds 2 types of licenses:

      1. The Dealer License, under the Securities Act 2005.
      2. Securities License, under Licensing Rules 2007.
      3. Financial Services License, under Consolidated Licensing and Fees Rules 2008.
      4. Global Business License (GBL), under the Financial Services Act.

      Fee schedule

      1. Annual Renewal: $76,000
      2. Monthly Maintenance: $30,000

      General

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