Welcome to Africa’s legal blog

The Virtual Asset and Initial Token Offering Services Act 2021 passed by the National Assembly on 10 December 2021 and gazetted on 16 December 2021, empowers the Financial Services Commission (the “FSC”) to regulate and supervise virtual asset service providers (“VASPs”) ..

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 regulatory framework and
pr..

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 comprehensive legal framework to deal..

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

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 organisation that aims to prevent..

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 Mauritian financial services sector fo..

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 BLC Robert Finance Act series set..

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 sets out the key amendments
mad..

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.

Read More