Offshore India Botswana. Numbered accounts

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Finance Minister jurisdiction Mauritius, Ramakrishna Sithanen, the report on the budget for 2007 / 8, proposed a broad reform of legislation on financial services jurisdiction. The main goal - ensuring that Mauritius was in step with global trends in the sector.

According to Sithanena, he will soon ask the government to adopt a new law on financial services, Insurance Act (Amendment) Act and the Securities (Amendment) Act, which should be the harbingers of a new legislative framework in the financial services sector. «The law on financial services will ensure a more integrated approach to the functioning of both domestic and foreign enterprises, and pave the way for the introduction of the new changes in the structure of fees to all registered businesses» - he said.