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The Financial Services Commission

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Tel: (230) 403 7000
Fax: (230) 467 7172
Address:
54 Cybercity
Ebene
Mauritius

The Financial Services Commission (FSC) was established as the regulator for the non-bank financial services sector under the Financial Services Development Act 2001. The FSC is the integrated regulator for the industry and its remit encompasses those of the former regulatory bodies for securities (Stock Exchange Commission), insurance (Insurance Division of the Ministry of Economic Development, Financial Services and Corporate Affairs) and global business (Mauritius Offshore Business Activities Authority).

The Commission thus licenses, regulates and supervises non-bank financial institutions in Mauritius.

The non-bank financial sector includes institutions involved in Insurance & Pensions, Capital Market operations, Leasing & Credit Finance as well as Global Business activities.

The FSC is also committed to the sustained development of Mauritius as a sound, stable and competitive international financial services centre. Consequently, the Commission promotes the development, fairness, efficiency and transparency of non-bank financial institutions and capital markets in Mauritius whilst ensuring the protection of investors.

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From The Glossary »

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Insurable Interest Life Insurance:

A person who may legally insure the life of another person is said to have an insurable interest in the life of that other person. Every person has an unlimited insurable interest in his own life. The question of insurable interest is of primary importance in connection with designations of beneficiaries. A man has an insurable interest in the life of his wife as does a wife in that of her husband and, to a lesser extent, parents have an insurable ...
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