Aligning Mauritius’ regulatory framework with international best practices holds the key to promoting the Mauritian jurisdiction as an international financial center and capital market destination. In this respect, the Financial Services commission(“FSC”) is proposing amendments to the securities rules issued by the FSC, as follows:

1. The Securities (Preferential Offer) Rules 2017
2. The Securities (Disclosure Obligations of Reporting Issuers) Rules 2007
3. The Securities (Public Offer) Rules

With the aim of adjusting to new developments and promoting the growth of the capital market of Mauritius, the FSC is issuing a consultation paper seeking views and comments from the industry and the public.

Please read the full communiqué HERE.