Established in 2001, the Financial Services Commission (FSC) of Mauritius is the primary regulator of Mauritius's non-bank financial services and global business sectors. The FSC is responsible for licensing, regulating, and supervising investment dealers, fund management companies, insurance companies, trusts, and management companies under the Financial Services Act 2007 and other relevant laws and regulations.

The main functions of FSC include:

• Review and approve financial services license applications

• Monitor the compliance of licensed institutions

• Develop and enforce codes of conduct in financial markets

• To promote the development of Mauritius as an international financial centre

• Protect investors' interests and maintain market integrity

As an internationally recognized financial regulator, the FSC actively participates in international regulatory cooperation mechanisms such as IOSCO (International Organization of Securities Commissions), and promotes the alignment of its regulatory system with international standards. With its transparent, stable, and efficient regulatory environment, Mauritius has become a key hub for cross-border financial business in Asia, Africa, and the Middle East.