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Global Legal Advisory Services, Global Headquarters Administration,
Global Treasury Activities, Overseas Family Offices, a new scheme for
Asset and Fund Managers, and the Mauritius International Derivatives
and Commodities Exchange.
In alignment with our digital communications strategy, we have
developedtheMauritius IFCportal toshowcasethelatestdevelopments
in our IFC. Our digital strategy also has a strong focus on the use of
social media. We are on a daily basis increasing supporters and friends
of the Mauritius IFC globally through our various digital channels. At
the same time, we have run a campaign on CNN TV and have equally
been featured in a number of widely-read international published
magazines as well as TV channels.
In addition, the FSPA is ensuring visibility of the Mauritian jurisdiction
across various key markets. We have successfully led a number of
highly-targeted promotional campaigns in China, Hong Kong, South
Africa, UK, Switzerland, Mozambique, India, amongst other markets.
These campaigns haveequally seen theparticipationofmany operators
from our financial services sector.
3. What are the next projects of the FSPA to promote Mauritius as
the preferred International Financial Centre?
The plan is to continue to work in line with the strategy spelt out
above. Promotional campaigns will be run across major markets, with
the primary focus on Africa going forward. We will at the same time
be enhancing our digital presence and work much closer with the
operators of the industry to have synergised actions. Special focus
would be put on the development of new markets like the Far East,
Northern and Eastern Europe. Our strong focus would be to position
Mauritius as the hub for regional headquartering and treasuring
management as well as a regional centre for private wealth. In this
respect, we will actively be promoting the newly introduced schemes
in a highly targeted manner. Our plan is to transformMauritius into the
home of some of the active multinational companies into the regional
markets.
We also aspire to enhance the competitiveness of Mauritius, as
a leading financial centre of choice and ensure that our product
offerings are in line with the expectations of the global investors’
community. We will continue to act in line with our mandate to
develop the Mauritius financial centre by working closely with the
Ministry and regulator and recommend the introduction of new
products and services. The FSPA’s Africa strategy to position the
Mauritius IFC as the deal matchmaking platform for investing in the
continent, is working on a book of bankable projects which consist
of mid to high-value, as well as impactful, projects across selected
countries in Africa, which have been shortlisted based on a country
profiling screening.
4. When will new legislations governing family offices & Wealth
Management, Investment Banking, Headquartering & treasury
Management, Assets & Fund Management and Capital Markets
be in place?
At the level of the FSPA we have worked closely with the Ministry
and the regulator, in formulating these new products that are set
to transform the Mauritius IFC into a high value added services
jurisdiction of substance. As such, the relevant frameworks have
already been worked out, rules and guidelines have already been
published by the FSC. The FSPA is now actively promoting the
Mauritius IFC with these services.
5. Howwill the above promote our Global Business sector further?
Our focus is to further build on the strong experience that Mauritius
has gained over the last two decades as a centre facilitating cross
border investments. The plan is to raise our IFC into a front office
focused jurisdiction. This is reflected in the new segments of
activities that are being encouraged in our IFC through introduction
of a new whole suite of bespoke financial products targeting
MNCs and global firms, international insurance operators, private
wealth managers, private banks, investment banks, fund and asset
managers, international law firms, FINTECH companies, market
makers and high net worth individuals amongst others.