| New Substance Requirements for Global Business Companies
|
| | The Government’s endeavor in promoting investor confidence and transparency into the Mauritian economy has reverberated across the finance sector and in particular, the Global Business sector. The latter is currently riding an ineluctable wave of change following the recent enactment of the Finance (Miscellaneous Provisions) Act 2018 (the “Finance Act 2018”).
As previously mentioned in our newsletter pertaining to the Finance Act 2018, the Financial Services Commission (“FSC”) will no longer issue Category 1 Global Business Licence (“GBL1”) as from 1st January 2019. There will be only one type of Global Business Licence issued by the FSC which will be known as the Global Business Licence (“GBL”).
|
|
| ITL Data Protection compliance programme - Reminder
As you are aware, we hold your contact details on our database and have been sending you regular newsletters and updates about the latest developments in the Mauritius financial landscape and other areas of interest.
Following recent changes in the EU General Data Protection Regulation (GDPR) and the Mauritius Data Protection Act 2017, we now require your consent to hold your personal data. Please click here to confirm that you still want to hear from us and get the latest news about the Mauritius International Financial Centre.
Should you wish to opt out of our future e-mail communications, please click here to stop receiving correspondence from ITL. Alternatively, you may use the unsubscribe button at the bottom of all our communications or send us an e-mail at unews@intercontinentaltrust.com
Data security and protection is of prime importance to us and we invite you to read our privacy policy which provides information about how we manage and process your personal information.
We are only a phone call or an e-mail away. If you have any comments, questions or concerns about any of the information in our policy, or any issues relating to the processing of personal data by ITL, please contact your regular contact person at ITL or write to us on mauritius@intercontinentaltrust.com |
| | DISCLAIMER The information in this e-newsletter was prepared by Intercontinental Trust Limited to provide potential clients with a broad overview of the opportunities available in Mauritius. While all reasonable care has been taken in the preparation of this e-newsletter, Intercontinental Trust Limited accepts no responsibility for any errors it may contain, whether caused by negligence or otherwise, or for any loss, however caused, sustained by any person that relies on it. Readers are advised to consult with appropriate, qualified professional advisors before taking action. Intercontinental Trust Limited will be pleased to discuss any specific issues.
|
| |
