The Honourable Minister of Finance, Economic Planning and Development has presented his fourth budget on 2 June 2023. We are pleased to share with you the key measures proposed in the Budget Speech. Budget Highlights 2023-2024 You can watch the video on the below link:
The new Cybersecurity and Cybercrime Act 2021 (the ”Act”) enacted on 19 November 2021 repeals the Computer Misuse and Cybercrime Act 2003.
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
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
CORPORATE • “Independent director” defined as a director who is a non-executive director and who:a) is not an employee; b) does not have material business relationship with the company either directly or as a partner, shareholder, director or senior employee of an organisation that has such relationship with the company; c) does not receive remuneration
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