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Other difference was that gbc1 companies were confined to the activities they delineate in the business plan they submitted to the fsc when applying for their license, still gbc2 companies were barred from piquant in several activities, including banking, business services, and material possession or managing investing funds.
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What is the Financial Services Commission in Mauritius?
Mauritius International Financial Centre has forged a solid reputation as a jurisdiction of substance based on sound regulatory practices, international norms and a conducive business environment. The FSC oversees Global Business Licensees which also include Global Funds.
Is the FSC part of the VA Franchise Fund?
FSC is divided into Services that are organized around revenue centers and product lines to better focus service delivery and accountability. As an Enterprise Center of the VA Franchise Fund, the FSC provides services on a fee-for-service basis and receives no Federally appropriated funding. Questions may be directed to the FSC at (877) 353-9791.
Why is the FSC important to the economy?
Insurance & Pensions are important sectors of the economy contributing to growth and for risk management & protection of businesses and individuals. These sectors are regulated under Insurance Act and Private Pension Schemes Act. The FSC adheres to international norms & principles and ensures effective regulation and supervision of thes…
Last Update: Oct 2021
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Comments
Cotton
21.10.2021 09:23
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24.10.2021 02:22
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