An Investment Dealer is a person or entity licensed by the FSC to undertake securities dealing activities within the scope of the licence granted.
Depending on the licence category, an Investment Dealer may be authorised to execute securities transactions, act as an intermediary, deal in securities or perform other permitted investment dealing activities.
The regulatory framework distinguishes between different categories of Investment Dealer licences, allowing applicants to select the category appropriate to their proposed business model.
This category provides for a broader range of authorised securities dealing activities, including underwriting where permitted.
It is generally appropriate for businesses proposing comprehensive securities dealing operations requiring a higher level of financial resources, governance and regulatory oversight.
This category permits specified full-service securities dealing activities without the authority to undertake underwriting.
It may be suitable for securities businesses requiring a broader operational scope than a conventional brokerage model.
The Broker category accommodates securities brokerage and transaction intermediation activities within the scope permitted by the FSC.
It may be suitable for firms whose business model is principally concerned with acting as intermediaries in securities transactions.
The Discount Broker category provides for a more limited range of securities brokerage services.
It may be suitable for businesses focused on order execution and related brokerage functions rather than a broader full-service dealing model.
The FSC also provides for Investment Dealer licensing in relation to derivatives activities, subject to the applicable licensing framework and regulatory requirements.
The appropriate category depends on the proposed instruments, markets, activities, operational arrangements and regulatory obligations.
Investment Dealers operate within the supervisory framework of the FSC, subject to applicable licensing conditions and continuing regulatory obligations.
The availability of several categories allows applicants to seek authorisation suited to the nature and scope of their proposed investment dealing activities.
Mauritius may provide a suitable base for eligible investment businesses serving international markets, subject to applicable local and foreign regulatory requirements.
The Securities Act 2005 and supporting regulations provide the principal legislative framework governing investment dealing activities.
Qualifying income derived by an FSC-licensed Investment Dealer may be eligible for an 80% partial income tax exemption, subject to applicable statutory and economic substance conditions.
Mauritius offers access to corporate administration, legal, accounting, audit, compliance and other professional services supporting regulated investment businesses.
London Global Business Solutions Ltd assists international businesses seeking to establish and administer appropriate corporate and regulated investment structures in Mauritius.
Our services may include:
Reviewing the proposed activities and assisting in identifying the relevant Investment Dealer licence category.
Coordinating incorporation, corporate documentation and Global Business Licence requirements, where applicable.
Assisting with the preparation and submission of the FSC application and supporting documentation, in collaboration with relevant specialists.
Providing company secretarial, statutory administration and corporate governance support.
Coordinating continuing corporate compliance obligations, statutory filings and relevant regulatory administration.