The FSC Mauritius wishes to remind Management Companies that GBC2s are required to file with the Commission the original duly signed and dated financial summary within seven (7) business days as per Circular Letter CL310714. The Circular Letter was issued to harmonise and ease the filing of financial summaries by GBC2s, and for the purpose of data compilation.
In the event that the Commission does not receive the hard copies of the financial summary within the prescribed days, the electronic version of the submission will be automatically disregarded and the financial summary would be considered not filed. This would, in addition, have an implication on administrative penalties.
The FSC Mauritius also informs Management Companies that incomplete submissions would be treated as non-filing. Financial summaries should be dated and signed, reflect the business activity (ies) of the GBC2s and accord with proper accounting principles.
In the event that the Commission does not receive the hard copies of the financial summary within the prescribed days, the electronic version of the submission will be automatically disregarded and the financial summary would be considered not filed. This would, in addition, have an implication on administrative penalties.
The FSC Mauritius also informs Management Companies that incomplete submissions would be treated as non-filing. Financial summaries should be dated and signed, reflect the business activity (ies) of the GBC2s and accord with proper accounting principles.
It has, furthermore. been noted that there are instances where GBC2s filed Audited Financial Statements to the Commission. In such cases, GBC2s would only be required to file their Financial Summaries and send an electronic version to the Commission on filing@fscmauritius.org
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