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Stock
Exchange of Mauritius (SEM)
The SEM is a private limited company which operates, manages,
and maintains the Stock Exchange. It provides the required
facilities for dealings in securities, and it runs a Clearing
House.
Stock
Exchange Commission (SEC)
Enacted in
1988, SEC ,
a regulatory body set out to control
and supervise the operation of
the Stock Exchange, has now ceded
its activities to the Financial
Services Commission ( FSC ).
The latter is responsible for the
safeguard of the interests of investors
and verifies that all dealings
in securities are transparent.
Licenses to stockbrokers and stockbroking
companies can be granted only on
the recommendation of the FSC,
as it is the sole authority empowered
to do so.
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