| Managing Director: |
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Chandra Gujadhur
Before joining Apex, Chandra was a Senior Partner of Deloitte Mauritius and had set up and headed its successful Corporate Services Unit and fund administration until it was sold in July 2003.
As an audit partner Chandra was in charge of Financial Services including Banking, Insurance and Collective Investment Schemes.
Chandra is a Fellow member of the Institute of Chartered Accountants in England and Wales.
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| Regulatory Environment: |
The Financial Services Commission (FSC) is the body responsible for licensing, regulating, monitoring and supervising all non-banking financial activities.
The FSC was set up by Act of Parliament under the Financial Services Development Act 2001.
The FSC has strong and effective powers of inspection under Part IV of the FSD Act 2001, and it may give directions, issue roles, guidelines or code for the proper conduct of business for non-bank financial activities, such as asset management, pensions schemes and pension management.
In carrying out its functions, the Commission is guided by its four main statutory objectives:
- Safety and stability of the market;
- Integrity of the market;
- Fair treatment of investors and consumers;
- The protection of the reputation of Mauritius as a financial services centre by repressing crimes and dishonourable conduct.
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