Efficient treasury management is crucial for the success of any corporate entity. Mauritius offers an exceptional opportunity for businesses to centralise their treasury functions with a Treasury Management Licence issued by the Financial Services Commission (FSC). This licence is designed to provide corporations with the tools and regulatory framework to manage their financial resources effectively, ensuring optimal liquidity, risk management, and strategic financial planning.
A Treasury Management Licence allows a corporate group to consolidate and streamline its treasury activities, providing a comprehensive solution for managing cash flows, investments, and financial risks within the group. Moreover, it allows such licence holder to offer these services to external clients, expanding the scope and enhancing business opportunities.
Key Features of the Licence
Liquidity Management: Efficiently manage liquidity across the corporate group and for external clients, optimising the use of financial resources.
Foreign Exchange Management: Implement effective foreign exchange risk management strategies to protect against currency fluctuations.
Financial Risk Management: Develop and execute comprehensive risk management plans to safeguard the group’s financial health and that of your clients.
Short-term Investments: Manage short-term investments to maximise returns on surplus cash.
Why Choose Mauritius?
Mauritius stands out as the financial hub for the African continent dues to its strategic location, political stability, and robust financial infrastructure.
- Strategic Location:
Positioned at the crossroads of major international trade routes, Mauritius offers easy access to Africa, Asia, and Europe.
- Political and Economic Stability:
Benefit from a stable political environment and a thriving economy that supports business growth.
- Innovative Financial Services:
Take advantage of innovative financial products and services that enhance treasury management functions.
How to Apply?
Applying for a Treasury Management Licence in Mauritius is a streamlined process guided by the FSC. Here are the basic steps:
- Preparation: Gather the necessary documentation, including financial statements, business plans, and risk management policies.
- Engagement with Blue Azurite, a Licensed Management Company: Applications for a Treasury Management Licence must be submitted through a licensed management company in Mauritius. Direct submissions by individuals or entities not recognised as licensed management companies will not be accepted.
- Submission: Blue Azurite will assist you in the preparation of the application and submit the application to the FSC along with the required documents and fees.
- Evaluation: The FSC reviews your application to ensure compliance with regulatory requirements.
- Approval: Upon approval, you receive your Treasury Management Licence and can start operations.
