The Mauritius Financial Services Commission published a public notice stating that AfrAsia Bank Limited has surrendered the Representative of Investment Adviser (Unrestricted) licence held in the name of Mr Raveen Sewchand Ramlakan, and that the licence has been terminated. The licence (No. RD21000304) was surrendered in accordance with section 28(5) of the Financial Services Act, and the termination takes effect from 28 November 2025 pursuant to section 28(9) of the Act.
Mauritius Financial Services Commission 2025-12-16
Mauritius Financial Services Commission confirms termination of Mr Raveen Sewchand Ramlakan’s unrestricted investment adviser representative licence effective 28 November 2025
The Mauritius Financial Services Commission announced that AfrAsia Bank Limited has surrendered the Representative of Investment Adviser (Unrestricted) licence held by Mr. Raveen Sewchand Ramlakan. The licence termination, effective from 28 November 2025, complies with sections 28(5) and 28(9) of the Financial Services Act.