Mauritius:
The Financial Services Commission Releases The Settlement Framework
30 December 2020
AXIS Fiduciary Ltd
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The Financial Services Commission ("FSC") has through
a Communique on 11 December 2020 published its "Settlement
Framework". The Settlement Framework sets out a means through
which timely and proportionate enforcement outcomes can be achieved
in appropriate cases. This Framework delivers on a key commitment
of the FSC to adopt "Settlement" as part of its
enforcement process.
Read the full communique
HERE.
Read the Settlement Framework HERE.
Read the FAQs on the Settlement Framework HERE.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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