The Mauritius FSC CIS Manager licence authorises fund managers to manage Mauritius-domiciled collective investment schemes — within a FATF-aligned framework offering treaty access and African market connectivity.
The Mauritius Financial Services Commission issues Collective Investment Scheme (CIS) Manager licences to fund managers under the Securities Act 2005. A CIS Manager licence authorises the management of Mauritius-domiciled funds — including Global Business Company funds, closed-end funds, and real estate structures — distributed to international investors.
Marensa Advisory advises on CIS Manager licence applications as part of an integrated Mauritius fund management setup — combining the management licence with the fund vehicle, GBC structure, and ongoing FSC compliance.
Discuss CIS Manager LicensingThe FSC expects fund managers to demonstrate sound governance, qualified management, and a robust AML/CFT framework before issuing a CIS Manager licence.
Mauritius is increasingly used by fund managers targeting African institutional investors and family offices — offering a regulated, treaty-backed platform at competitive operating cost.
Marensa Advisory provides end-to-end Mauritius fund management advisory — from CIS Manager licensing through fund structuring, investor onboarding, and ongoing FSC compliance.
Start the ConversationA Mauritius CIS Manager can manage both Mauritius-domiciled funds and, subject to licensing conditions, external funds domiciled in other jurisdictions. The FSC licence scope should be confirmed during the application process.
Typically 3–6 months from submission of a complete application. The FSC prioritises completeness of AML/CFT documentation and Responsible Officer qualifications during assessment.
Yes. Mauritius is increasingly used for Africa-focused impact funds — agricultural, infrastructure, and SME lending funds — where the GBC structure provides DTA access and the CIS Manager framework provides regulated credentials for institutional investors.
The licensed entity must be Mauritius-incorporated with substance in Mauritius. A UAE parent can own the Mauritius CIS Manager, but the Mauritius entity needs qualified local management and genuine substance.