Question 1

What does Financial Services Commission (FSC) regulate?

Accepted Answer

Financial Services Commission is the financial regulator in Mauritius, established in 2001. It oversees: authorization, regulation.

Question 2

Is FSC a tier-1 regulator?

Accepted Answer

FSC is currently a Tier 3 regulator on Brokers Watch. Tier 1 = strict authorization, active enforcement, and meaningful client-fund protection. Tier 3 = light-touch or offshore.

Question 3

Does FSC offer client compensation if a broker fails?

Accepted Answer

Yes — FSC's compensation scheme: None. Coverage limits apply per client, per firm.

Question 4

What capital do brokers need to be licensed by FSC?

Accepted Answer

Licensed firms must maintain minimum capital of Varies. Higher capital requirements generally correlate with a more stringent regime.

Question 5

How many brokers are licensed by FSC?

Accepted Answer

No firms in our directory are currently linked to FSC. Public registers on the regulator's own site will show the authoritative list.

Question 6

Where can I verify a broker's license with FSC?

Accepted Answer

Visit https://www.fscmauritius.org and search the official public register. Cross-check the exact entity name and license number — cloned firms often re-use similar-looking names.

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