News

Crowdfunding : A New Legal Environment

The Financial Services (Crowdfunding) Rules 2021 (the ‘Rules’) came into operation on 4 September 2021 bringing a long-awaited legal framework to crowdfunding platforms in Mauritius. The Rules confirm the expected leap forward of the Mauritian financial services sector for the coming years.  As per the Rules, a crowdfunding activity involves the solicitation of funds from

BUDGET HIGHLIGHTS 2021-2022

State of Mauritius Economy The budget deficit for fiscal year 2020/2021 is expected to reach 5.6 percent. There have been consecutive contractions of GDP for fiscal years 2019/20 and 2020/21 and public sector debt has risen to 95% of GDP. It is expected that the measures announced will accelerate our economic recovery and the economy

BUDGET HIGHLIGHTS 2020-2021

Propelling Mauritius into the New Normal Financial Services • Suite of new financial products including Central Bank digital currency, Variable Capital Companies,  debut Sukuk issuance and Green and Blue Bond issuance by Bank of Mauritius; • Introducing new frameworks for digital banking, private banking and wealth management; • Setting up of Venture Capital Market for

Uncertain Times – Protect Your Hard Earned Income

We should never take things for granted…the situation we are currently experiencing across the globe is no doubt a stark reminder, perhaps a brutal one unfortunately. These days have witnessed strong or stronger bonding amongst family members, and some have taken time to reflect on the wealth they have worked hard to create and how