ITL is pleased to announce that we have been granted a CIS Administrator Licence by the Financial Services Commission.
Historically, ITL has provided comprehensive fund administration services under our Management Company licence, the acquisition of a dedicated CIS Administrator Licence marks a significant milestone in our ongoing growth and commitment to the funds management sector.
This licence reinforces and formalises our capabilities in delivering specialised administration services to Collective Investment Schemes and Closed-End Funds, including:
NAV calculation and fund accounting
Investor onboarding and record maintenance
Financial reporting and regulatory filings
Corporate secretarial coordination for fund structures
Ongoing compliance monitoring and support
The CIS Administrator Licence enhances regulatory clarity and offers additional assurance to fund managers, promoters, and institutional investors regarding our operational infrastructure and governance framework.
For our existing clients, there is no disruption in the working arrangements. Instead, this development strengthens the regulatory positioning of our services and further demonstrates our long-term commitment to servicing the investment funds industry in Mauritius and beyond.
We look forward to continuing to support your fund structures and discussing how our expanded licensing framework can further benefit your operations.
Should you require any additional information, please do not hesitate to contact your usual ITL representative.
