The Financial Services Commission (“FSC”) has through a Communique on 11 December 2020 published its “Settlement Framework”. The Settlement Framework sets out a means through which timely and proportionate enforcement outcomes can be achieved in appropriate cases. This Framework delivers on a key commitment of the FSC to adopt “Settlement” as part of its enforcement process.
Kindly refer to the communique and the guidance notes:
https://www.fscmauritius.org/media/94244/communiqu%C3%A9-settlement-framework.pdf
https://www.fscmauritius.org/media/94240/settlement-framework.pdf
