| Covid-19 Updates @ 12 June 2020
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| | Mauritius, like the rest of world, has undoubtedly lived the most challenging time of its history ever since the outbreak of the Covid-19 pandemic. But for the past 47 days, we have been seeing light at the end of the tunnel for no new Covid-19 cases have been reported, except for a handful of imported cases relating to returning residents who were placed in quarantine since having set foot on the island.As such, the government has decided to move a step further on its de-confinement strategy and effective as from 15 June 2020, all beaches and other public areas (cinema halls, gyms, night clubs and markets etc.) will be open to public access and social gatherings, except for horse racing, will be allowed to resume. Also, it has been decided that all schools and tertiary education institutions will resume on 1st July (previously the date was set for 1st August). However, people will be required to wear masks in public areas and are being encouraged to keep social distancing as far as possible. No decisions have been taken yet by the government with regards to the re-opening of the Mauritian borders – however, the situation is being carefully assessed and the decision in relation to same will be communicated at a later stage. ITL: Beginning of a New Normal
As previously communicated, more than 90% of our active workforce has been connecting on our work-from-home infrastructure since the beginning of the lockdown in Mauritius and this has ensured continuity in our service level. Now that the country is in an advanced stage of de-confinement, ITL Management has decided to resume physical office operations on a rotational basis. Our workforce has been split in 2 distinct teams and each team will be requested to have physical presence at the office on a weekly rotational basis until further notice. ITL Management firmly believes that the health and wellbeing of its employees should remain a priority in these uncertain times and that a gradual shift to office work-life will help mitigate the risk of cross-contamination in case of a second wave of infection. We will endeavor to keep our valued clients posted about the situation in Mauritius but should you have any concerns or queries, please do not hesitate to get in touch with your usual contact person or write us on info@intercontinentaltrust.com |
| Covid-19 – Important communique from local authorities
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| | FSC - Regulatory relief on filing and reporting obligations
In a communique issued on 12 June, the Financial Services Commission (FSC) advised that administrative penalties will not be levied if filing of Audited Financial Statements/Annual Reports, Quarterly/Interim Financial Statements and Financial Summary are made on or before 30 September 2020, as indicated in the hereunder table: |
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| To access the official communique issued by the FSC, please click Here
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| 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 dpo@intercontinentaltrust.com
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| | 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.
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