Orison Legal advises on the acquisition of Banyan Tree Bank
Banyan Tree Bank was placed under conservatorship in April 2020. It has recently been acquired and has since rebranded as Silver Bank. We were pleased to act for the acquirer on this transaction. Read more here – https://www.bom.mu/media/media-releases/public-notice-banking-licence-0
Using the FSC Settlement Framework to Lower Regulatory Sanctions
Mauritius has garnered attention since it was placed on the list of “Jurisdictions under Increased Monitoring” by the FATF in March 2020. Since then, the international business community has exercised more caution concerning FDI in the jurisdiction, which has had some adverse impact on the economy. The Government and regulatory authorities have bolstered their efforts […]
Finance Bill 2021 – Summary for Businesses
The objective of the Finance Bill is to provide for the implementation of measures announced in the Budget Speech 2021-2022. This note summarises its key proposals, which will be debated and voted at the National Assembly in the coming weeks. It aims to provide a basic understanding of the proposed measures that are relevant to […]
The COVID-19 Act: An Overview for Businesses
