JTC, the corporate, fund and private client services provider, has announced it was granted a licence by the Financial Services Commission in Mauritius, from where it will service Africa and India in particular.
JTC (Mauritius) Limited will build on JTC’s existing services for private and international clients. The local office will focus on establishing and servicing Mauritius Global Business Companies, funds, listings of securities on the Stock Exchange of Mauritius and private client structuring.
The firm has a dedicated Africa team that has serviced clients and their advisers in East, West and Southern Africa for the past quarter century.
Philip Burgin, group head of Client Services said: “Obtaining this licence and investing into Mauritius reinforces our commitment to providing our clients and investors with a truly international service. Many of our clients are based in Africa and have shown a keen interest in Mauritius as a service centre. We are now able to fully meet their requirements.”