Mauritius FSC: dealer permissions, client assets and complaint routes

The Financial Services Commission is Mauritius’s regulator for the non-bank financial services sector and global business. Its remit includes securities businesses, insurance, pensions and other licensed financial activities. For a broker account, the relevant firm is the legal company in the client agreement; a group brand may be used by several companies in different jurisdictions.[1][3]

Authority

Financial Services Commission, Mauritius

Jurisdiction

Mauritius

Remit

Regulation and supervision of Mauritius’s non-bank financial services sector and global business.

The Commission’s codified list distinguishes several investment-dealer categories, including full-service permissions with or without underwriting. A licence description therefore carries information beyond the presence of a registration number. The public-register result should be read with the firm’s legal name, regulated activity and current status.[2]

Use the FSC’s own public-register link and distinguish a Global Business Licence from the permission to conduct an investment activity. The contracting entity’s activity category, current status and any restrictions matter separately. A group’s domestic Mauritius business and its global-business company may also lead to different complaint routes.[6][4][2]

Open the official register ↗

Check the exact legal entity, permissions, current status and scope in the official record. A brand connection in our coverage does not establish authorisation.

The Securities Act distinguishes investment-dealer authorisation from permission to act as custodian. Section 52 makes custody subject to authorisation and applicable requirements; it should not be assumed from the words “investment dealer” alone. Section 56 addresses transaction confirmations and disclosure where an intermediary deals as principal outside a securities exchange.[5]

Section 54 addresses client credit balances: it restricts use without express written authority and pledging or charging those balances, and states that qualifying balances are not assets of the intermediary on insolvency. Apply the provision to the actual account and collateral arrangement. It is a legal asset-handling rule, not a promise that a leveraged position cannot lose money.[5]

The FSC website also publishes investor alerts and notices of surrender, suspension and revocation. Those notices help establish whether a previously issued permission has changed. A historical certificate or a broker’s own licence statement is a separate source from a current regulator determination.[1]

Section 148 of the Securities Act permits prescribed compensation arrangements. That enabling provision alone does not establish that every offshore CFD account has an operating insurance fund, a fixed covered balance or an eligible claim. Confirm the actual scheme and its rules before stating compensation; do not infer coverage from a Global Business Licence.[5]

Use the authority’s official website for current official routes. Purpose-specific resources have not yet been established in this profile.