Chambers Global Practice Guides: ENS on Mauritius’ Investment Funds landscape for 2025

Michael Katz, Alyssa De Luca Lahmidi, and Davina Boodnah share their perspectives on the evolving investment funds sector in Mauritius in the latest Chambers Global Practice Guides.

Africa stands on the brink of a transformative era, with its potential as a domiciliation hub hinging on robust regulatory frameworks, operational efficiency, and the mobilisation of domestic capital. Among the continent’s jurisdictions, Mauritius stands out as a model of progress, setting new standards in financial innovation and regulatory excellence.

Alyssa De Luca Lahmidi, Executive at ENS and a specialist in investment funds and management, highlights Mauritius’ remarkable journey. “Mauritius has implemented significant reforms to enhance the efficiency and appeal of its financial services sector, particularly regarding the licensing processes and the modernisation of its funds regime,” she notes. “These reforms include policy and governance continuity to ensure market stability, streamlined licensing for investment funds, and the introduction of post-licensing fees. The country’s commitment to modernising its fintech landscape is evident, having climbed over 20 places to rank 53rd globally and first in Africa, underscoring its growing influence in digital finance.”

ENS Executive and Tax specialist, Davina Boodnah, added, “Mauritius is also at the forefront of regulatory innovation. The Financial Services Commission (FSC) has introduced measures such as tax exemptions on virtual assets and virtual tokens, and has granted extensions for filing deadlines in response to the impact of IFRS 17. These steps reinforce the island’s reputation as a resilient and adaptive financial centre.”

De Luca Lahmidi further emphasises Mauritius’ forward-thinking approach to ESG investing. “With the FSC’s new Disclosure and Reporting Guidelines for ESG Funds, effective from March 2025, Mauritius is aligning local standards with international best practices, enhancing transparency and combating greenwashing.”

In a rapidly evolving global landscape, Mauritius’ agility and vision position it as a regional powerhouse and a gateway to sustainable investment in Africa.

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