Digital Banking - Being future ready
One of the positive aspects of digitalisation is the opportunity which it has offered for financial ...
FSC Rules issued under the Virtual Asset and Initial Token Offerings Services Act 2021 (VAITOS)
On 15 July 2022, the Financial Services Commission (FSC) issued the following rules under the VAITOS...
Appleby Mauritius Quarter One Newsletter 2024
As we navigate through this dynamic year, Appleby's first Mauritius newsletter of 2024 sees our team...
Receivership: an enforcement mechanism for lenders
In a world of business, unforeseen circumstances can often arise that lead a company to financial di...
The JCPC reaffirmed the exception to the bank secrecy rule
Further to the oral judgment of the Judicial Committee of the Privy Council (JCPC) on 06 July 2023 a...
Regulation of Moneylending in Mauritius
Moneylending is a crucial credit device in the world of financial services which plays a significant...
Katra Holdings Ltd v Standard Chartered Bank (Mauritius) Ltd [2024] UKPC 8 - case summary
The Privy Council set aside an appeal challenging a winding up order of a Mauritian company, Katra H...
Statutory Demands - a Review of Recent Decisions
INSOLVENCY - The bankruptcy division of Mauritian Supreme Court re-affirms the test to determine the...
Directors' Duties in the face of insolvency
The duties of directors in relation to companies in Mauritius are laid out under the Companies Act 2...
Absence of assets in Mauritius – not a bar to the recognition and enforcement of foreign judgment
On 12 April 2024, the Mauritian Supreme Court confirmed in Hobler v Harker 2024 SCJ 159, that an app...
Maximising Efficiency in Fund Termination Through Liquidating Trusts in Mauritius
When it comes to terminating a fund licensed under the laws of Mauritius (Company), one of the key r...
Balgobin M. L. v. Maubank Ltd & Anor 2024 SCJ 145 - Case Summary
The Court of Civil Appeal (CCA) delivered an interesting judgment on the adequacy of affidavit evide...