Mauritius

Mauritius

Launches a one stop shop for the financial services sector

21 Jul 2022

Launched at the seat of the Financial Services Commission on 21 July 2022, the FSC Single Window, is a one-stop-shop service to serve financial institutions, businesses, high-net-worth individuals and potential investors, providing all relevant information related to licenses, professional permits and business registration, among others. It will help investors of the financial services sector to submit systemised information and documents with a single-entry point so as to fulfil all regulatory requirements. The service provides access to three institutions, the Financial Services Commission (FSC), the Corporate and Business Registration Department (CBRD) and the Economic Development Board (EDB), includes information on investment matters and allows the processing of investor requests in a simplified and coordinated manner. It aims to be a single point of contact to respond to requests from local and international stakeholders. Its main expected benefits include time reduction for processing documents, avoiding the hassle for booking multiple appointments, improving connectivity and bringing about reduction in clearance time to set up a business in Mauritius.