• MAU FSC said it will accept audited financial statements prepared in accordance with issuer’s national accounting standards, in compliance with local GAAP, as applicable.
• Such standards will be accepted for the purpose of listing securities on exchanges licensed by FSC and for their ongoing disclosures as required under the securities act.

Accounting Standards

• An issuer incorporated, established or organized under the laws of a jurisdiction other than Mauritius, must ensure compliance with standards when submitting statements.
• Must file its audited financial statements in compliance with its national accounting standard; and the securities shall not be offered to retail investors in Mauritius.