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India-focused funds may soon get fast approval from Mauritius regulator

Mauritius' financial services regulator was busy in taking steps to exit FATF's grey and black list

Topics
Mauritus funds | foreign investments in India

Ashley Coutinho  |  Mumbai 



FDI, INVESTMENT, investment, foreign investment, foreign direct investment, FPI, dollar inflow, GROWTH, MARKETS, FUNDS, SHARES, DEMAND, GROWTH, mutual fund, fund, stocks
Market observers also said the approvals depended a lot on the funds themselves, and the extent to which they followed the new norms introduced last year

Mauritius had been taking a bit longer to greenlight India-focused funds in the recent past, with the country’s financial services regulator busy in activities aimed at exiting the grey and black lists of the Financial Action Task Force (FATF) and the European Union (EU), respectively.

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First Published: Tue, September 29 2020. 00:58 IST

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