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Investment Advisor

The Securities Act 2005 also allows for Investment Adviser companies to be set up and licensed in Mauritius. There are two categories of licences, Investment Adviser (Restricted) which allows the provision of investment advisory services only and Investment Adviser (Unrestricted) which allows a company to advise and manage portfolios and securities.

Holders of Investment Advisor licence are regulated by the FSC.

In order to obtain an unrestricted licence, the investment adviser shall provide sufficient justification to the FSC as to the competence of the persons who will be responsible for investment advice and the management of portfolios.