Digibits Network Ltd.: License Revocation (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has revoked the license of Digibits Network Limited for regulatory breaches.
Bright Periods Consulting: License Revocation (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has revoked the license of Bright Periods Consulting for regulatory breaches.
Codomas Ltd.: License Revocation (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has revoked the license of Codomas Ltd. for regulatory breaches.
ProConstruct Trading Ltd.: License Suspension (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has suspended the Global Business License of ProConstruct Trading Limited.
SuperTrade International Trading: License Suspension (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has suspended the Global Business License of SuperTrade International Trading.
Rivux Capital Ltd.: License Revocation (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has revoked the Global Business License of Rivux Capital Ltd. for regulatory breaches.
Fiduciam Corporate Ltd.: License Revocation (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has revoked the management license of Fiduciam Corporate Ltd. for regulatory breaches.
‘Remove alert about Jean-Claude Bastos de Morais’, writes his London attorney
Letter from Peter Baker, a partner with law firm Quinn Emanuel Urquhart & Sullivan UK LLP, of London, England, on behalf of its client, Jean-Claude Bastos de Morais, a Swiss-Angolan businessman, requesting the removal from OffshoreAlert's website of a disqualification notice against Bastos de Morais that was published by the Mauritius Financial Services Commission on August 26th, 2020, falsely claiming that OffshoreAlert had not published the subsequent cancellation of the disqualification, even though we actually published it on October 2nd, 2020 - a mere one day after it was first published by the MFSC, and cross-linking it to the disqualification notice, no less.
Thibaut International Management Ltd.: Public Censure (Mauritius)
Public Censure by the Mauritius Financial Services Commission against Thibaut International Management Ltd. for "operating without an Alternate Money Laundering Reporting Officer or a Deputy Money Laundering Reporting Officer".
Midland Express Ltd.: License Revocation (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has revoked the "Global Business Licence and the Payment Intermediary Services Licence" of Midland Express Ltd.
DCWA Advisors: License Revocation (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has revoked the investment adviser license of DCWA Advisors for regulatory breaches.
DCIC Advisors Ltd.: License Revocation (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has revoked the investment license of DCIC Advisors Limited for regulatory breaches.
Duet Consumer West Africa Partners Ltd.: License Revocation (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has revoked the Global Business License of Duet Consumer West Africa Partners Limited.
Hub Investments Ltd.: License Suspension (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has suspended the Global Business Licence and Investment Dealer Licence of Hub Investments Ltd.
Asset Capital Growth Fund Ltd.: License Suspension (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has suspended the Global Business Licence and "its Authorisation to operate as a CIS and CIS Expert Fund" of Asset Capital Growth Fund Ltd.
SB Global Ltd.: License Suspension
Public Notice by the Mauritius Financial Services Commission that it has suspended the Global Business License and Collective Investment Scheme License of fund manager SB Global Ltd.
Asset Capital Growth Fund Ltd.: License Suspension
Public Notice by the Mauritius Financial Services Commission that it has suspended the Global Business License of Asset Capital Growth Fund Ltd. and its Authorization to operate as a Collective Investment Fund and CIS Expert Fund.
Healy Consultants Group Plc: Investor Alert (2022)
Investor Alert by the Mauritius Financial Services Commission regarding Healy Consultants Group Plc, of Singapore.
MindAfrica Broker & Consultancy Ltd.: License Suspension
Public Notice by the Mauritius Financial Services Commission that it has suspended the Insurance Broker Licence of Mind Africa Broker & Consultancy Ltd.
AIP Global Ltd.: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked the "Authorised Company" authorization of AIP Global Ltd.
Emerging India Fund Management Ltd.: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has "revoked the Global Business Licence and Collective Investment Scheme Manager Licence of Emerging India Fund Management Ltd." for regulatory breaches.
Fiduciam Corporate Ltd.: License Suspension (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has suspended the Management Licence of Fiduciam Corporate Ltd.
Rosebery Management LLP: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked the 'Global Business License' of Rosebery Management LLP "in order to protect the good repute of Mauritius as a centre for financial services".
Emerging Markets Investment Fund 1A: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked the license of Emerging Markets Investment Fund 1A for regulatory breaches.
JP Markets (Mauritius) Ltd.: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked the license of JP Markets (Mauritius) Ltd. for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Mauritius Corporate and Business Registration Department showed that JP Markets (Mauritius) Ltd. was incorporated on February 6th, 2020, that its directors are Justin George Paulsen and Kurt Anton Paulsen, and that it is managed by Toukan Corporate Services Limited. On the group's website at www.jpmarkets.co.za, it is claimed that "JP Markets is a global Forex powerhouse". The site is operated by South African firm JP Markets SA, which, according to records kept by the South African Companies and Intellectual Property Commission, was incorporated in South Africa on March 29th, 2016, went into in liquidation in 2020, and whose only current director is Justin Paulsen, 34, while Kurt Paulsen, 41, is a former director, both of whom are citizens of South Africa.
CYBERservices ASIA: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked the Payment Intermediary Services Licence of CYBERservices ASIA for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Mauritius Corporate and Business Registration Department showed that CYBERservices ASIA was incorporated in Mauritius on June 7th, 2012 and its directors are Ritesh Kumar Bissessur and Jacques Wensley Caroopen.
Taysun Corporate Services Ltd.: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked "the Management License and the Approval to act as Captive Insurance Agent" of Taysun Corporate Services Ltd. for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Mauritius Corporate and Business Registration Department showed that Taysun Corporate Services Ltd. was incorporated in Mauritius on February 11th, 2010, its sole director is Sundara Rajen Sooben and its sole shareholder is Álvaro de Oliveira Madaleno Sobrinho, of Angola.
BAO Asset Managers Ltd.: $19K Fine
Public Notice by the Mauritius Financial Services Commission that it has imposed a fine of US$19,571 on BAO Asset Managers Ltd. for breaches of "numerous statutory obligations". Editor's Note: Research by OffshoreAlert in the Mauritius Corporate and Business Registration Department showed that BAO Asset Management Ltd. was incorporated in Mauritius on December 15th, 2010, its directors are Shailendr Ramsagur, Achsah Conhyea, and Michael Cargill Southam, and its manager is Rockmills Financials Ltd.
Rosebery Management LLP: License Suspension
Public Notice by the Mauritius Financial Services Commission that it has suspended the Global Business License of Rosebery Management LLP. Editor's Note: A search by OffshoreAlert of the online database maintained by the Mauritius Corporate and Business Registration Department produced no hits for any legal entity with the word 'rosebery' in its name and no entity with that word in its name appears on the "Register of Licensees" on the website of the Mauritius FSC.
Black River Trust Company Ltd.: Liquidation
Public Notice by the Mauritius Financial Services Commission that "the Official Receiver, Mr. Vasoodayven Virasami, has been appointed as the liquidator of Black River Trust Company Ltd.". Editor's Note: Research by OffshoreAlert in the Mauritius Corporate and Business Registration Department showed that Black River Trust Company Ltd. was incorporated in Mauritius on October 10th, 2005 and its directors are Michael Robert Charlton, David Perry Gaskell, and Luc Allan Penny Hack.
Worldwide Wealth Management PCC: License Suspension
Public Notice by the Mauritius Financial Services Commission that it has suspended the Global Business License of Worldwide Wealth Management PCC. Editor's Note: Research by OffshoreAlert in the Mauritius Corporate and Business Registration Department showed that Worldwide Wealth Management PCC was incorporated on December 26th, 2014, its directors are Yann Aldric Marie Robbiola and Jonathann Richard Marcel Savigny, and its management company is IQ EQ Corporate Services (Mauritius) Ltd.
Capricorn Finance: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked the "Investment Adviser (Restricted) Licence" of Capricorn Finance for regulatory breaches,
Delphine Evelyne Marcelle Brouard Rault: Disqualification
Public Notice by the Mauritius Financial Services Commission that it has disqualified Delphine Evelyne Marcelle Brouard Rault for regulatory breaches.
Xavier Rault: Disqualification
Public Notice by the Mauritius Financial Services Commission that it has disqualified Xavier Rault for regulatory breaches.
Aleksei Korotaev: Disqualification (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has disqualified Aleksei Korotaev, a citizen of Russia, who was described as "the director and ultimate beneficial owner" of Private Kapital Partners Asset Management (Mauritius) Limited, for regulatory breaches.
Arvinsingh Canaye: Disqualification
Public Notice by the Mauritius Financial Services Commission that it has disqualified Arvinsingh Canaye, who was described as the "General Manager of Beaufort Management Services Ltd.", for regulatory breaches.
Beaufort Management Services Ltd.: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked the Management License of Beaufort Management Services Ltd. for regulatory breaches.
Chan Yew Poa Yat: Disqualification
Public Notice by the Mauritius Financial Services Commission that it has disqualified Chan Yew Poa Yat, described as "a director of Beaufort Management Services Ltd.", for regulatory breaches.
Hemavadi Poolay Soondram: Disqualification
Public Notice by the Mauritius Financial Services Commission that it has disqualified Hemavadi Poolay Soondram, who was described as a "director of Beaufort Management Services Ltd.", for regulatory breaches.
Private Kapital Partners Asset Management (Mauritius) Ltd.: License Revocations (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it was revoked the Global Business, Collective Investment Scheme, and Investment Adviser licenses of Private Kapital Partners Asset Management (Mauritius) Limited for regulatory breaches.
Sanjay Kumar Mehta: Disqualification
Public Notice by the Mauritius Financial Services Commission that it was disqualified Sanjay Kumar Mehta, who was described as a "director of Beaufort Management Services Ltd.", for regulatory breaches.
PCL Management Services (Mauritius) Ltd.: $4,950 Fine
Public Notice by the Mauritius Financial Services Commission that it has imposed a fine of $4,950 on PCL Management Services (Mauritius) Ltd. for regulatory breaches.
Aldrex Suppliers Ltd. – Pension & Life Assurance Scheme: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has terminated the license of Aldrex Suppliers Ltd - Pension & Life Assurance Scheme, "administered by SWAN Life Ltd.". Editor's Note: Research by OffshoreAlert in the Corporate and Business Registration Department in Mauritius showed that Aldrex Suppliers Ltd. was incorporated in Mauritius on March 18th, 1998, its directors are Bernard Dupont, Louis Joseph Denis Lincoln, Marie Christine Alexandra Lincoln, Gerard Marie Sophie Rambert, and Joseph Desire Tristan Rambert, and that its shareholders are Gerard Rambert and Marie Lincoln.
Century Sharia Fund Ltd. et al: Administrator Appointment
Public Notice by the Mauritius Financial Services Commission announcing the appointment of an administrator for Century Global Ltd. and Century Sharia Fund Ltd. Editor's Note: Research by OffshoreAlert in the Corporate and Business Registration Department for Mauritius showed that Century Sharia Fund Ltd. was incorporated on May 19th, 2014, its sole director is Shah Nawaz Abdool Rahim Paraouty, of Mauritius, and its sole shareholder is Century Global Ltd.; Century Global Ltd. was incorporated on April 10th, 2012, its sole director is Shah Nawaz Abdool Rahim Paraouty, of Mauritius, its management company is Bramer Global Services Ltd., and its sole shareholder is Century Banking Corporation Ltd.; and Century Banking Corporation Ltd. was incorporated on May 21st, 2008, its directors are Waleed Qassim Bangash, of Bahrain; Charles Mark Broadley, of Hong Kong; Shakil Ibrahim Moollan, and Rajendra Kumar Ujoodha, both of Mauritius; its secretary is Rawat Muhammad Houmayd Sulleman, of Mauritius, and its shareholder is CBC Capital Limited, whose domicile is not identified.
Jacques McKay: Public Notice
Public Notice by the Mauritius Financial Services Commission that it intends to disqualify Jacques Desire Frederick McKay.
Nirvi Management Ltd. et al: Liquidator Change
Communiqué by the Mauritius Financial Services Commission that Bhavish Bhooshan Ramdhony has been appointed as the liquidator of Nirvi Management Ltd. and Lotus Fund Ltd., replacing Mohammad Reaz Emambocus.
Emerging India Fund Management Ltd.: License Suspension
Public Notice by the Mauritius Financial Services Commission that it has suspended the "Global Business Licence" and "CIS Manager Licence" of Emerging India Fund Management Ltd.
Emerging Markets Investment Fund 1A: License Suspension
Public Notice by the Mauritius Financial Services Commission that it has suspended the "Global Business Licence" and "authorisation to operate as a CIS and Expert Fund" of Emerging Markets Investment Fund 1A. Editor's Note: Research by OffshoreAlert in the Corporate and Business Registration Department in Mauritius showed that Emerging Markets Investment Fund IA was incorporated on February 10th, 2015, its sole director is Sahjahan Ally Nauthoo, its sole shareholder is Emerging India Fund Management Ltd., and its "Management Company" and secretary is Trident Trust Company (Mauritius) Limited.
Jean-Claude Bastos: Disqualification Cancellation
Public Notice by the Mauritius Financial Services Commission that the corporate disqualification of Jean-Claude Bastos, a Swiss-Angolan businessman, "has been cancelled on the 22nd September 2020 by the Financial Services Review Panel" and that the FSC "being dissatisfied" with the FSRP's decision "has decided to apply to the Supreme Court for a judicial review".
Century Banking Corporation Ltd.: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked the Islamic Banking License of Century Banking Corporation Ltd. Editor's Note: Research by OffshoreAlert in the Corporate and Business Registration Department for Mauritius showed that Century Banking Corporation Ltd. was incorporated on May 21st, 2008, its directors are Charles Mark Broadley, of Hong Kong; Waleed Qassim Bangash, of Bahrain; Shakil Ibrahim Moollan, and Rajendra Kumar Ujoodha, all of Mauritius; its secretary is Muhammad Houmayd Sulleman Rawat, of Mauritius, and its sole shareholder is CBC Capital Limited, of Hong Kong. Research in the Hong Kong Companies Registry showed that the sole director of CBC Capital Limited is Charles Mark Broadley; and its sole shareholder is Oryx Investment Limited, of Hong Kong, and that the sole director of Oryx Investment Limited is Kenneth Richard Wyness, a citizen of South Africa residing in Mauritius, and its sole shareholder is Ghanim Saad M. Alsaad Al-Kuwari, of Qatar. Charles Broadley ceased being a director of Oryx Investment Limited on July 31st, 2019.