About FSC
The Financial Services Commission, Mauritius (the 'FSC') serves as the integrated regulator for the non-bank financial services sector and global business in Mauritius. Established in 2001, the FSC operates under various legislative acts, including the Financial Services Act, the Captive Insurance Act, the Insurance Act, the Private Pension Schemes Act, the Securities Act, and the Virtual Asset and Initial Token Offering Services Act. The core mandate of the FSC is to license, regulate, monitor, and supervise business activities within these sectors.
The FSC's primary objectives include ensuring the stability and soundness of the financial system, protecting the rights and interests of consumers and investors, promoting fair competition, and enhancing the reputation of Mauritius as a well-regulated and business-friendly jurisdiction.

Xanara’s Licenses with FSC Mauritius
Xanara is a fully licensed financial services provider in Mauritius, operating under the
regulatory oversight of the Financial Services Commission (FSC). We hold two of the
most comprehensive licenses offered by the FSC:

Investment Adviser (Unrestricted) Licence
The Investment Adviser (Unrestricted) Licence empowers us to offer both
advisory and discretionary portfolio management services.
- Advise clients on securities and investment opportunities through direct
consultation, reports, or other communication channels. - Manage investment portfolios on behalf of clients, under a discretionary
mandate, based on their financial goals and risk profile.
This unrestricted license provides us with the flexibility to serve a wide range of
clients, from high-net-worth individuals to institutional investors, offering
tailored investment strategies and hands-on portfolio management.
Licensed Since: July 2014
Collective Investment Scheme (CIS)
Manager Licence
We are also licensed as a CIS Manager, allowing us to structure, manage, and
operate collective investment schemes in Mauritius. This includes:
- Global CIS
- Professional CIS
- Specialised CIS
- Expert Funds
With this license, we can launch and administer investment funds, pool investor
capital, and manage diversified portfolios across asset classes and geographies.
Licensed Since: February 2024
What it means
for you
With both the Investment Adviser (Unrestricted) and CIS Manager licenses from the FSC Mauritius, we are uniquely positioned to offer a range of strategic benefits that go far beyond traditional wealth advisory.
- Discretionary portfolio management tailored to your goals, without the daily hassle.
- Custom private funds structured exclusively for your family or circle of investors.
- Tax-efficient cross-border wealth planning using Mauritius’ legal advantages.
- Independent, conflict-free investment advice with no product-pushing.
- Access to global private deals and alternatives beyond traditional markets.
- Regulated, institutional-grade governance ensuring safety and compliance.
- Full-spectrum family office services from wealth structuring to philanthropy.

Disclaimer
The information provided on this website is made available by Xanara Investment Management, a licensed entity registered in Mauritius and regulated by the Financial Services Commission (FSC) of Mauritius. The information provided on this website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to its laws or regulations or which would subject Xanara Investment Management to any registration requirement within such jurisdiction or country. The information on this website is subject to correction, updating, completion, and amendment. Xanara Investment Management may, from time to time, at its absolute discretion, change, delete, or replace the materials and information provided here. The information is based on reliable sources, but Xanara Investment Management does not give any express or implied warranty as to its accuracy. The material included on this website has been prepared for informational purposes only without regard to any particular user's investment objectives, financial situation, or needs, and Xanara Investment Management is not soliciting any action based upon it. The material on the website does not constitute an offer to buy or sell or a solicitation of an offer to buy or sell any security, financial product, or instrument. The information on this website does not constitute an invitation or offer for the issue or sale of securities or a financial promotion of securities. The information on this site does not constitute financial or other professional advice. You should consult your professional adviser if you require financial or other advice. You should assess whether the information on this website is appropriate for your particular investment objectives, financial situation, and investment needs. You should do this before making an investment decision on the basis of the information on this website. All investments are subject to risks, including the possible loss of the principal amount invested. Xanara Investment Management engages with Professional clients or Market Counterparties, as defined by the regulations in Mauritius, and this information should not be relied upon by Retail Clients. Professional clients may not be afforded the Retail Client protection and compensation rights that may generally be available to them from within Mauritius and other jurisdictions. Please note that the laws and regulations governing financial services and investments may vary from one jurisdiction to another. By accessing this website, you acknowledge that you have read, understood, and agreed to the terms of this disclaimer. If you do not agree with any part of this disclaimer, please refrain from using this website.