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BLC Robert

Mandatory Registration for Issuance of Debt Securities

Notable changes have been brought to the Securities (Preferential Offer) Rules 2017 (the Rules) by the Financial Services Commission (FSC), published on 16 October 2023 that you should be aware of.

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Venture Law

Finance (Miscellaneous Provisions) Act 2023

Following the presentation of the National Budget for Mauritius for the financial year 2023-2024, the Finance (Miscellaneous Provisions) Act 2023 was enacted on 20th July 2023 to translate some of the proposed measures into law. 

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AXIS

Source of Funds and Source of Wealth are vital in battling money laundering and terrorist financing

Money laundering has emerged as a critical concern in today’s global financial system. It enables criminals to conceal the origins of illicitly obtained funds, posing significant threats to financial integrity and security. To combat this pervasive issue, it is cruc..

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Orison Legal

Public interest litigation – Mauritius court leaves door half open

In a judgment delivered on 21 March 2023, the Supreme Court of Mauritius considered whether an attorney (solicitor), in his personal name and capacity, had standing to apply for a judicial review of the rules issued by the Chief Justice in relation to court fees. In short..

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Bowmans

Africa Guide to Cryptocurrencies

Although regulators around the world remain sceptical about recognising virtual currencies as legal tender, cryptocurrencies are already an established phenomenon and are here to stay.

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JuristConsult Chambers

Let’s talk about Data Protection

The Data Privacy Day or Data Protection Day is celebrated globally and in Mauritius every 28th January and this year marks the 17th edition of this celebration. On this day, awareness is raised on the right to the ..

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ENSafrica

ESG and the rise of sustainable finance in Mauritius

As African countries grapple with the measures necessary to meet their nationally determined commitments (“NDCs”) under the Paris Agreement, it..

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AXIS

How “worthy” is “worth it"?

“Worthiness” is commonly defined as “the quality of deserving respect or attention.” In the eyes of a financial institution, onboarding or maintaining an ongoing business relationship with a high-net-worth customer is “worth it” – but is it always “worthy”? Warren Buffet ..

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AXIS

A Double Taxation Avoidance Agreement (DTAA) has been signed between the Republic of Mauritius and the Republic of Angola

In its strategy to remain the trampoline jurisdiction of choice for the African continent Mauritius’ government cabinet of August 19 took note of the public declaration..

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