Investment Dealer & Securities Dealer (Mauritius & Seychelles)

Mauritius - Investment Dealer

There are 3 categories of Investment Dealer Licences available in Mauritius which are as follows:

Full-Service Dealer -

Authorised to:

• act as an intermediary in the execution of securities transactions for clients.
• trade in securities as principal with the intention of reselling these securities to the public.
• underwrite or distribute securities on behalf of an issuer or a holder of securities.
• give investment advice which is ancillary to the normal course of his business activities.
• manage portfolios of clients.

Discount Broker -

Authorised to execute orders for clients without giving advice.

Broker -

Authorised to execute orders for clients, to manage portfolios of clients and to give advice.

Seychelles Securities Dealer

The Seychelles Securities Act 2007 and rules and guidelines allow for Securities Dealer companies to be set up and licensed in Seychelles.

Securities Dealer means a person who carries on the business of dealing in securities, or who holds himself out as conducting such business as mentioned below:

• makes or offers to make an agreement with another person to enter into or offer to enter into an agreement, for or with a view to acquiring, disposing of, subscribing for or underwriting securities or in any way effects or causes to effect a securities transaction.
• causes any sale or disposition of or other dealing or any solicitation in respect of securities for valuable consideration, whether the terms of payment be on margin, installment or otherwise or any attempt to do any of the foregoing.
• participates as a Securities Dealer in any transaction in a security occurring upon a securities exchange.
• receives as a Securities Dealer an order to buy or sell a security which is executed.
• manages a portfolio of securities for another person on terms under which the first mentioned person may hold property of the other person.

Please contact us at [email protected] for more information.