News & Events

Be aware of any person or representative of a business entity who may be offering a financial service without a local licence. The Rules also provide for a specific code for each of the licensable financial services and financial Forex news business activities. The Financial Services Commission is cognisant of the developments related to COVID-19, the national response to the pandemic, and the potential impact on the non-bank financial sector and its customers.

Financial Services and Commission Licence Regulator

The Financial Services Rules set out the licensing framework that provides for a comprehensive codified list of financial services and financial business activities licensable by the FSC. The FSC regularly reinforces its supervisory framework in response to international development and challenges in order to promote robust regulation of its licensees, safeguard public interest, foster investors’ confidence, protect consumers and ensure more effective enforcement. This will prevent efforts by Russian oligarchs to offload assets or obtain assistance during the invasion of Ukraine. Assistance in this will further advance the recently launched international task force to enforce sanctions on designat3d individuals and entities.

News & Events

The licensing framework provides clear sets of licensing criteria and requirements within a well defined and consolidated framework. Prospective applicants, including service providers, may consult legal provisions, licensing requirements and fees applicable to the particular business they intend to conduct. The FSC considered the level of development of the different sectors under its purview as well as https://www.forbes.com/advisor/investing/what-is-forex-trading/ the need to sustain the overall competitiveness of Mauritius as an International Financial Centre, in determining the fee structure. Read the latest local, regional and international advisories concerning the financial services sector. Antigua and Barbuda’s international financial services sector began with the enactment of the International Business Corporations Act CAP 222 (“the IBC Act”) in 1982.

  • The United States and our Allies and partners have offered Russia numerous opportunities to de-escalate this crisis, and Russia has chosen war and conflict instead.
  • Mauritius International Financial Centre has forged a solid reputation as a jurisdiction of substance based on sound regulatory practices, international norms and a conducive business environment.
  • The Department of Financial Services supervises many different types of institutions.
  • Prospective applicants, including service providers, may consult legal provisions, licensing requirements and fees applicable to the particular business they intend to conduct.
  • Russia’s premeditated and unprovoked war against Ukraine flagrantly violates international law, is contrary to U.S. national security and foreign policy interests, and undermines global order, peace, and security.

Please see circulars for information on the Commission’s response in respect of its operations and that of regulated entities. To develop Antigua and Barbuda as an effectively regulated, well managed major financial services jurisdiction. Review statements and press releases describing our initiatives, policies, events and activities. Mauritius International Financial Centre has forged a solid reputation as a jurisdiction of substance based on sound regulatory practices, international norms https://fsclc.eu/ and a conducive business environment. The FSC oversees Global Business Licensees which also include Global Funds. Russia’s premeditated and unprovoked war against Ukraine flagrantly violates international law, is contrary to U.S. national security and foreign policy interests, and undermines global order, peace, and security. The United States and our Allies and partners have offered Russia numerous opportunities to de-escalate this crisis, and Russia has chosen war and conflict instead.

Department Of Financial Services

The Department of Financial Services supervises many different types of institutions. Supervision by DFS may entail chartering, licensing, registration requirements, examination, and more. Select the “LEARN MORE” button at right to see the list of alerts. For more information on the sectors under the purview of the FSC, please bitcoin declared uk financial regulator click on the relevant link below. As per the Securities Act 2005 , the FSC is the regulator of the non-bank financial markets in Mauritius which comprises Securities Exchanges, clearing and settlement facilities and securities trading systems on the one hand and Collective Investment Schemes and intermediaries on the other.

Financial Services and Commission Licence Regulator

All persons must sanitize upon entry and your temperature would also be taken.