The Mauritius Financial Services Commission has issued a circular letter on the submission of applications for approval of officers and related filings through the FSCOne Platform. It is encouraging all licensees, including domestic and global business entities, to use the platform as the exclusive channel for officer approval applications, notifications of resignation and statutory filings linked to appointments and resignations, as part of its shift toward digital processing and paperless supervision. To support processing, licensees are required to create an incumbent profile in the platform's Stakeholder Management module, upload the required due diligence documents, and ensure profiles are complete, accurate and not duplicated. Where applicable, firms must also comply with the Commission's "Known to the Commission" circular for known applicants and submit Annex A. The platform process also covers appointments of alternate directors, and where the same officer is appointed across multiple licensees, each licensee must submit its own application. Once an officer has been approved, licensees must keep the incumbent's profile updated. Resignation notifications and related statutory filings may also be submitted through FSCOne, and the Commission may ask firms that file physically to resubmit through the platform.
Mauritius Financial Services Commission2026-04-24
Mauritius Financial Services Commission urges licensees to use FSCOne Platform for officer approvals and related filings
The Mauritius Financial Services Commission has urged licensees to submit officer approval applications, resignation notices and related statutory filings through the FSCOne Platform. Firms must create and maintain complete, non-duplicative incumbent profiles with due diligence documents, and each licensee must file separately where the same officer is appointed across multiple entities. The Commission may also require physically submitted applications to be refiled on FSCOne.