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Regulator Performance Overview
355
60
25
35
14
1
Insurance coverage protecting client deposits and funds
Requirement for client funds to be held separately from company funds
Public register
Tier 3
Investment Dealer (Full Service / Broker / Discount)
Detailed assessment of regulatory capabilities and effectiveness
Detailed breakdown of the 6 key regulatory performance indicators
Value and prestige of licenses issued by this regulator
This regulator shows below average performance with an overall score of 60.
Strongest performance in License Value
Transparency Level: Public register
Global Tier: tier3
The Financial Services Commission (FSC) of Mauritius is the integrated regulator of the non-bank financial services sector and global business environment in Mauritius. Established in 2001, it operates under the Financial Services Act 2007.
It is constituted under various pieces of legislation, including the Securities Act 2005, the Insurance Act 2005, the Private Pension Schemes Act 2012, and the Virtual Asset and Initial Token Offering Services Act.
Sections 6 and 63 of the Financial Services Act 2007 outline the mandates and responsibilities of the FSC with respect to licensing, regulation, monitoring, and supervision of financial activity across various sectors, ensuring compliance with both domestic and international law.
Protection against negative account balances in trading
Access to qualified investment professionals and advisory services
Government-regulated
Per local law; typical sanctions
Investment dealer capital MUR 10m (full service) – MUR 600k
Mauritius
Mauritius; typically global clients except restricted jurisdictions
Per local law; typical sanctions
Agency (STP); Market Maker (Principal)
Online portal available (https://www.fscmauritius.org/en/supervision/register-of-licensee)
FSC complaints
Varies by broker
14 instruments
Contact regulator for details
International Organization of Securities Commissions
Member of the global body that brings together the world's securities regulators
Access to international regulatory standards, cooperation frameworks, and best practices
Financial Action Task Force
Member of the inter-governmental body that sets standards for combating money laundering
Effectiveness of regulatory framework and enforcement
Institutional strength and organizational capability
Risk assessment and management protocols
Investor protection measures and safeguards
Client fund protection and insurance coverage
Forex, Bond, Stocks, Fund, Options, Derivatives, Commodity, Loan, Retail Investment, Securities, Binary option, Margin Loan, Futures, CFD
Brokers authorized and regulated by this authority
Australia
United Kingdom
Cyprus+1 more licensesAustraliaAustraliaAustralia+1 more licensesUnited Kingdom
Seychelles
South Africa+1 more licensesAustraliaSouth Africa
United Arab Emirates+1 more licensesCyprusUnited Arab EmiratesSouth Africa+4 more licensesAustraliaCyprus
MauritiusAustralia
Malta
British Virgin Islands+2 more licensesUnited KingdomMauritius
Kenya+1 more licensesAustraliaCyprusSouth Africa+1 more licensesSouth AfricaMauritius
United States
BahamasSeychellesUnited Arab Emirates
Canada+1 more licenses
