STEP Conference – Estate Planning: Managing your affairs in a post covid world

Join us for an educational and business-oriented event where topics on best practices for practitioners, changes in international and local regulatory/ tax landscape and new offering/ products will be discussed.

Date: 17 November 2022

Time: 8AM – 6PM

Venue: The Ravenala Attitude Resort, Balaclava, Mauritius

Participation Fee:

  • STEP Members & Mauritius Finance Members: US$ 200
  • Non-Members: US$ 250
  • MQA approval in process

To register, kindly contact us on [email protected]

Mauritian VCC – The Game Changer

Mauritius Finance, in collaboration with the Chartered Institute for Securities and Investment (CISI) is pleased to invite you for a panel discussion on “Mauritian Variable Capital Company (VCC) – The Game Changer”. 

Date:  26 July 2022       Time: As from 3PM         Venue : Le Sirius, Labourdonnais Waterfront Hotel

Join our panel of specialists as they analyse the new Mauritian VCC and share key insights on how this new regime will enhance the competitiveness of our financial services sector.


Shamima Mallam-Hassam- Managing Director at Trident Trust Ltd


Samade Jhummun – CEO at Mauritius Finance

Rubina Toorawa – Head of Sanne Mauritius

Faizal Oozeerally – Director Large Taxpayer & International Taxation at MRA

Renu Audit – Director of Authorisation & Supervision at FSC

Launch of Sustainable and Responsible Investment Course 

Mauritius Finance and the Chartered Institute for Securities and Investment (CISI) will also launch a new course entitled “Sustainable and Responsible Investment”, in the presence of Kevin Moore, Director Global Business Development at CISI.

Kindly contact to confirm your registration.

FSC issues FAQs on Robotic and Artificial Intelligence Enabled Advisory Services

The Robotic and Artificial Intelligence Enabled Advisory Services Rules 2021 was issued by the Financial Services Commission (FSC) on June 12, 2021, to regulate the conduct of activities and in this context, a set of FAQs was issued pertaining to the same. The freshly issued FAQs mention that any company incorporated under the Companies Act 2001, including a GBL holder is eligible to apply for a Robotic and Artificial Intelligence Enabled Advisory Services licence in line with Part IV of the Financial Services Act 2007.


Please click here to read more.

Exiting grey list is major milestone: FATF

In an interview, the FATF President Mr. Marcus Pleyer terms the removal from the grey list as a major milestone achieved by Mauritius and largely facilitated by implementing a reform programme designed to crack down on illicit finance. He told that since being listed on the FATF increased monitoring list, ‘Grey List’, the jurisdiction has been successful in improving the implementation of anti-money laundering and counter-terrorist financing controls where it has not only been able to make legal and regulatory changes but also conduct reforms significantly in the way its anti-money laundering and counter-terrorist financing system works in practice. Mr. Pleyer affirms that the reforms constitute a real increase in the jurisdiction’s effectiveness in detecting and probing such crimes together with preventing them to take place.

The Ministry of Financial Services and Good Governance of Mauritius released a communiqué highlighting that the FATF Plenary decision is a global acknowledgment of the effectiveness of the Mauritius public and private sector institutions and their cooperation in combating money laundering and terrorism finance. Moreover, it underscores that AML and CFT remain a high priority on the Government’s agenda and that Mauritius is committed and shall take the necessary bold measures required to protect the integrity of its financial system including the global business sector.


The CEO of Mauritius Finance, Samade Jhummun also expressed the confidence that Mauritius Finance had in the Government, regulators, and players of the financial sector whom he praised as having worked collectively and in an exemplary fashion to ensure that Mauritius exits the FATF grey list.