Financial Services Commission (Mauritius)

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Financial Services Commission (FSC)
Agency overview
JurisdictionGovernment of Mauritius
HeadquartersÉbène, Mauritius
20°14′39.8976″S 57°29′25.9476″E / 20.244416000°S 57.490541000°E / -20.244416000; 57.490541000
Minister responsible
Agency executive
  • Dr. Renganaden Padayachy, Chairperson
Websitewww.fscmauritius.org

The Financial Services Commission (FSC) (French: Commission des Services Financiers de Maurice) is a regulatory authority responsible for the regulation, supervision and inspection of all financial services other than banking institutions and global business in Mauritius. The FSC operates under the aegis of the Ministry of Financial Services and Good Governance within an internationally recognised legal framework which includes the FSC Act, the Securities Act and the Insurance Act, it licenses, regulates, monitors and supervises the conduct of business activities in the non-banking financial services sector.[1][2]

References[edit]

  1. ^ "Who we are". Financial Services Commission. Retrieved 20 February 2013.
  2. ^ "THE FINANCIAL SERVICES ACT 2007" (PDF). Government of Mauritius. Retrieved 20 February 2013.

Established in 2001, the FSC is mandated under the FSC Act 2007 and has as enabling legislations the Securities Act 2005, the Insurance Act 2005 and the Private Pension Schemes Act 2012 to license, regulate, monitor and supervise the conduct of business activities in these sectors.