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AXIS and BLC Robert

The FSC issues the Financial Services (Robotic and Artificial Intelligence Enabled Advisory Services) Rules 2021

The Financial Services Commission, Mauritius (the “FSC”) is issuing the Financial
Services (Robotic and Artificial Intelligence Enabled Advisory Services) Rules 2021 (the
“Rules”) in line with the objectives of providing a conducive..

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Venture Law

The Cybersecurity and Cybercrime Act 2021

The new Cybersecurity and Cybercrime Act 2021 (the ‘’Act’’) enacted on 19 November 2021 repeals the Computer Misuse and Cybercrime Act 2003. The new legislation provides for a National Cybersecurity Committee (the ‘‘Committee’’) and a compr..

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BLC Robert & Associates

The Cybersecurity and Cybercrime Bill 2021: New law not without difficulties and concerns

The Cybersecurity and Cybercrime Bill 2021 (“CC Bill”) replaces the existing cybercrime legislation, the Computer Misuse and Cybercrime Act 2003.

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Bowmans

Mauritius removed from the FATF grey list

Earlier today (21 October 2021), the Financial Action Task Force (FATF) announced that Mauritius does not require increased monitoring and, as such, has been removed from the ‘grey list’. The FATF is an inter-governmental o..

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Venture Law

Crowdfunding : A New Legal Environment

The Financial Services (Crowdfunding) Rules 2021 (the ‘Rules’) came into operation on 4 September 2021 bringing a long-awaited legal framework to crowdfunding platforms in Mauritius. The Rules confirm the expected leap forward of the Maurit..

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AXIS and BLC Robert

The Finance Act 2021 Series Part 3 – Business Vehicles

The Finance (Miscellaneous Provisions) Act 2021 was gazetted on 05 August 2021 and it brings into force a number of amendments to the legislations in Mauritius. This segment of the joint Axis and B..

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AXIS and BLC Robert

The Finance Act 2021 Series Part 2 – Employment: Key Legislative Amendments

The Finance (Miscellaneous Provisions) Act 2021 was gazetted on 05 August 2021 and
it brings into force a number of amendments to the legislations in Mauritius. The second
segment of the joint Axis and BLC Robert Finance Act series se..

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Bowmans

Mauritius: New Tax Treaty with Lesotho

The double taxation agreement (DTA) that was signed by Mauritius and Lesotho on 2 March 2021 entered into force on 7 June 2021. The new DTA replaces the DTA entered into between the two countries in 1997...

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BLC Robert & Associates

The Intricacies of the Revamped Mauritian AML CFT Framework

Over the past year or so, legislative reform in the Anti-Money Laundering and Combatting the
Financing of Terrorism (“AML CFT”) sphere has been a common occurrence. The regulatory landscape has witnessed multiple amendments to the Financ..

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