Regulation & Safety
Intermediate
FSC Mauritius
Also called: FSC
Financial Services Commission of Mauritius — an offshore regulator commonly used to onboard international clients.
Definition
The FSC Mauritius licenses non-bank financial services including FX brokers. Less stringent than Tier-1 regulators but with formal segregation and disclosure requirements.
Often used by brokers as the licence covering clients who can’t be onboarded under their Tier-1 entity (e.g. due to leverage caps).