Financial Services Commission in Mauritius

Financial Services focus FSC - Independent Regulatory Authority, found under FSD Act 2001, which , licenses, regulates and supervises Non Bank Financial Institutions (NBFI). ( ) Now deemed to be established under the Financial Services Act 2007  individual(a) Regulator Single Regulator encompass those of the former: Stock Exchange Commission Insurance Division Min of Economic Development MOBAA  invention of FSC promote the development, fairness, efficiency and t th d l t f i ffi i d transp bence of fiscal institutions and capital letter markets in Mauritius; suppress crime and malpractices so as to provide protection to members of the public investing in nonbanking monetary products; and g p ; ensure the telephoneness and stableness of the pecuniary system in Mauritius.

Objectives ensure the orderly tribunal of the financial services and global business activities; ensure the sound conduct of business in the financial services sphere and in the global business sector; elaborate policies which are directed to ensure fairness, efficiency and transparency of financial and capital markets in Mauritius; study new avenues for development in the financial services sector, to respond d f d l i h fi i l i d to new challenges and to take full advantage of new opportunities for achieving scotch sustainability and job creation; ensure soundness and stability of the financial system in Mauritius; and work out objectives policies and priorities for the development of the financial objectives, services sector and global business. Structure Structure Board of Directors (Chairman appointed by the Prime Minister and Vice Chairman appointed by the Minister) Chi f Executive officer (Appointed by the chieftain E ti ffi (A i t d b th Board with approval of the Minister) Managers Head of department Staff Structure 4 Functional Structure Policy and International Relations Licensing Unit Surveillance... If you emergency to get a full essay, order it on our website: Orderessay

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