Mauritius is celebrating 30 years as an International Financial Centre

Mauritius is celebrating 30 years as an International Financial Centre

This November 2022 marks the 30 year anniversary of the Mauritius International Financial Centre (IFC). It all started in 1992 with the enactment of Mauritius Offshore Business Activities (MOBA) Act and with the setting up of MOBA (regulator for non-banking financial services sector replaced by Financial Services Commission).

The Mauritius IFC is a core part of the Mauritian economy. The IFC today is built upon three pillars: cross-border investment, cross-border corporate banking and private banking and wealth management. Throughout the years, Mauritius has built a strong reputation and is now considered as an IFC of economic substance, by ensuring a stable politic, legal and regulatory framework, good corporate governance, a wide range of modern and interesting financial products and services and global connectivity, together with competitive operational and administrative costs.