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Financial Institutions

Regulated Standing in Premier Financial Centres

We guide institutions and entrepreneurs through the full lifecycle of establishing regulated financial entities in Mauritius — from licence strategy and application through to ongoing regulatory compliance and operational governance.

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Investment Dealer & Adviser

Securities & Investment Licensing

Mauritius's FSC issues a range of investment dealer and adviser licences, each with distinct scope and requirements. Aurevya provides strategic licence selection, full application management, and ongoing compliance support across all categories.

01
Investment Dealer (Full Licence & Underwriting)

The broadest investment dealer licence, permitting trading, dealing, underwriting, and placement of securities. Suitable for full-service broker-dealer operations with institutional and retail client bases.

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02
Investment Dealer (Excluding Underwriting)

A dealer licence permitting trading and dealing in securities without underwriting or placement activities. Suited for entities seeking a focused market-making or dealing mandate without the additional capital and conduct requirements of a full underwriting licence.

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03
Investment Dealer (Discount Broker)

A targeted licence for execution-only broking services, without advisory or underwriting permissions. Ideal for technology-driven brokerage platforms serving cost-conscious retail clients.

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04
Investment Adviser (Unrestricted)

Permits the provision of investment advice on all types of securities without restriction — including portfolio management advisory, discretionary mandates, and strategic investment consulting for institutional and private clients.

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05
Investment Adviser (Restricted)

Restricted to advising on specific categories of securities as defined by the FSC. Suitable for boutique advisory firms with a focused mandate and defined client profile.

06
Foreign Investment Dealer Licences

A suite of licences for foreign entities wishing to conduct investment dealing from a Mauritius base, including Foreign Investment Dealer Broker, Derivatives, Full Service including Underwriting, and Discount Broker categories.

07
Spot Commodity Broker

Licensed to act as intermediary in spot commodity transactions. We advise on the full application process under the Commodity Business Act and ensure all conduct requirements are met prior to and following licence grant.

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08
Spot Commodity Market & Clearing House

For those seeking to establish or operate a commodity trading market or clearing facility in Mauritius. These higher-complexity licences require substantial capital, governance frameworks, and deep regulatory engagement.

09
CIS Manager & Collective Investment Schemes

Managing or operating a Collective Investment Scheme in Mauritius requires FSC authorisation. We advise on CIS structure design, manager licensing, scheme authorisation, fund governance, and ongoing reporting obligations.

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10
Asset Management & Treasury

For institutions seeking to manage third-party assets or conduct global treasury activities from Mauritius — covering applicable licensing requirements, investment policy frameworks, and compliance infrastructure.

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11
Custodian Services (Non-CIS)

For entities providing safe-keeping and administration of client assets outside the CIS framework, we advise on FSC licensing requirements and the operational and governance standards expected of custodian service providers.

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Virtual Asset Licensing

At the Frontier of Digital Finance

Mauritius has established a comprehensive virtual asset regulatory framework, positioning itself as a preferred jurisdiction for digital asset businesses seeking regulatory clarity and credibility.

01
Class O — Virtual Asset Wallet Services

For operators of custodial wallet services — the safekeeping and administration of virtual assets on behalf of clients. The entry-level virtual asset licence with a defined scope and proportionate requirements.

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02
Class M — Virtual Asset Broker-Dealer

Permits buying and selling virtual assets on behalf of clients, operating virtual asset trading platforms, and providing exchange services. One of the most sought-after licence categories in Mauritius.

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03
Class S — Virtual Asset Marketplace

For those establishing a platform for peer-to-peer trading or an exchange marketplace for virtual assets. Requires robust AML/CFT frameworks and operational resilience standards.

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04
Class R — Virtual Asset Custodian

Authorises the provision of professional custodian services for virtual assets — the institutional-grade safekeeping solution for digital asset funds and institutional investors.

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05
Class I — Virtual Asset Advisory

Permits the provision of advice on virtual asset investments, portfolio composition, and digital asset strategy. Suitable for boutique digital asset advisory firms.

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06
Initial Token Offerings (ITO)

We advise on the regulatory framework governing the issuance of tokens in Mauritius — including white paper requirements, investor disclosure obligations, and FSC notification procedures.

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Additional Financial Services Licensing

A Complete Regulatory Spectrum

01
Credit Finance, Factoring & Leasing

Licences for moneylending, credit finance, factoring, and leasing operations — enabling institutions to deploy capital productively in the Mauritian and regional markets.

02
Corporate Finance Advisory

For boutique corporate finance advisers — M&A advisory, fundraising facilitation, and structured finance — requiring FSC registration and ongoing conduct compliance.

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03
Closed-End Funds & VCC

Advisory on closed-end fund structures and the Variable Capital Company (VCC) framework — an innovative umbrella fund vehicle enabling multiple sub-funds under a single corporate entity.

04
Distribution of Financial Products

For entities seeking to distribute regulated financial products in Mauritius, including mutual funds, structured products, and insurance-linked investments.

05
Captive Insurance

Mauritius is an established captive insurance domicile. We advise on the establishment of captive insurance companies and captive insurance agents, including regulatory requirements and actuarial frameworks.

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06
Sovereigns & Sovereign Wealth Funds

We provide specialist advisory to sovereign entities and SWFs seeking to establish investment platforms, holding structures, or fund management operations in Mauritius.

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07
Payment Intermediary Service

For entities seeking to provide payment intermediary services in Mauritius — facilitating the processing and transmission of payment transactions between payers and payees under the FSC licensing framework.

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Establish Your Regulated Entity

Our regulatory specialists will identify the optimal licence category and guide you through every stage of the application process.

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