MAURITIUS FULL DEALER LICENSE
Licenses granted by the Mauritius Financial Services Commission (MFSC) under the provisions of the Securities Act 2005 are a necessary requirement for any company wishing to operate in the financial services sector in Mauritius.
The MFSC is the regulatory body responsible for overseeing the financial services industry in Mauritius. Its primary function is to ensure the stability, integrity, and development of the financial sector by regulating and supervising financial institutions and markets.
One of the key responsibilities of the MFSC is to grant licenses to companies that wish to operate in the financial services sector. Under the provisions of the Securities Act 2005, the MFSC has the authority to issue licenses to a wide range of financial institutions, including investment advisers, brokers, and dealers, as well as collective investment schemes, and other financial intermediaries.
To obtain a license from the MFSC, companies must meet a number of requirements, including demonstrating that they have the necessary expertise, experience, and financial resources to operate in the financial services sector. Companies must also comply with a range of regulations and reporting requirements once they have been granted a license, including submitting regular financial reports and undergoing regular audits by independent auditors.
The benefits of obtaining a license from the MFSC are numerous. Firstly, it allows companies to operate legally in the financial services sector, which can help to build trust and confidence with clients. Secondly, it provides companies with access to the Mauritian market, as well as other international markets. Finally, it demonstrates that companies have met a range of regulatory standards, which can be an important factor for investors when deciding where to place their funds.
In conclusion, licenses granted by the Mauritius Financial Services Commission under the provisions of the Securities Act 2005 are an important regulatory requirement for any company wishing to operate in the financial services sector in Mauritius. Companies that wish to operate in this sector should ensure that they meet the necessary requirements and comply with all regulations and reporting requirements to obtain and maintain their license.
RUPIAH PAY CAPITALS can offer as well the following services in relation to the licence application, which include:
- Opening of operational and clients bank accounts (worldwide).
- Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel)
- Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation
- Provide outsourced Compliance & AML Support services
- Provide outsourced Risk Management services
- Assistance with finding local premises
- Assistance with Trademark & Brand Name registration
- Provide in-house trainings/seminars
- Provide Legal Opinions
- Provide DPO & GDPR Advisory services
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A personal success manager will help you build the most fitting package for your needs.
Our technical team will install and integrate all of your brokerage components.
A training professional will guide your team through all your systems, and you are good to go!.