After a raft of Ponzi schemes being investigated by law enforcement authorities since March, Mauritian Prime Minister says no ministers whatsoever from the national assembly is implicated in money laundering scams . The allegations centre around an estimated 63 million dollar fraudulent scam which was invested by Whitedot International in which directors of the firm […]

The current commercial interest in Africa is having a knock-on effect in Mauritius as it becomes one of the world’s growing offshore jurisdictions Mauritius, though geographically one of the larger offshore jurisdictions, has remained off the radar for many in the offshore world. Once regarded as a key territory for the great European maritime powers […]

A team of the Central Bureau of Investigation (CBI) of India arrives in Mauritius as part of an investigation into a money laundering case involving a former Minister of India. The former minister Janardhan Reddy, currently in custody, suspected of being the head of the companies involved in illegal mining. According to Indian media, Janardhan […]

Investigators’ efforts to unlock the Swiss banking secrecy code in Money laundering and tax evasion probes have gained momentum with India making maximum number of requests for classified tax data exchange last fiscal to the authorities of the alpine country. India’s global requests for obtaining classified tax information, in the face of a number of […]

The Financial Services Commission has issued a Circular Letter on 28 March 2013 to remind directors of their duties and obligations under the law. In fact, the directors are notified that upon providing their consent to act as director on a particular entity, they are confirming to adhere to all the laws and regulations under […]

The authorities have been reiterating this in the past and now a global body has given the clean chit to the nation’s financial hub status. Mauritius has been ranked among the most protected countries against money laundering and financial crimes in the world by the 2013 International Narcotics Control Strategy Report (INCSR). http://www.state.gov/j/inl/rls/nrcrpt/2013/vol2/index.htm. The report […]

We are happy to share with you the key points from the Mauritius Budget 2013 that we believe are of significance to you. 27 Dec 2012 This Budget aims at consolidating the economic fundamentals of Mauritius. It contains interesting measures to increase revenue especially from services whilst ensuring further investment in technology, education and targeted […]

Changes to Listings on the Stock Exchange of Mauritius Malcom Moller 30th Aug 2012 The Stock Exchange of Mauritius Ltd has sought to create unique products and services for its niche offshore market in Africa by introducing a new Chapter 18 (namely Chapter 18 in its Listing Rules), to cater for the listing of specialised […]