Mau­ri­tius reg­u­la­tor opens of­fice

The Hindu Business Line - - NEWS - PTI PTI

The Fi­nan­cial Ser­vices Com­mis­sion, Mau­ri­tius to­day said it has opened its rep­re­sen­ta­tive of­fice in Mum­bai, a move that will fur­ther strengthen and deepen its part­ner­ship with its In­dian coun­ter­parts. The Fi­nan­cial Ser­vices Com­mis­sion is the in­te­grated reg­u­la­tor for the non-bank fi­nan­cial ser­vices sec­tor in Mau­ri­tius. The rep­re­sen­ta­tive of the Com­mis­sion in In­dia will be PK Kuri­achen. He was former Chief Gen­eral Man­ager of SEBI and has been closely in­volved with the Com­mis­sion over the years. “The set­ting up of the FSC Mau­ri­tius of­fice in Mum­bai will en­large the scope of col­lab­o­ra­tion be­tween both the reg­u­la­tors,” said S

Ravin­dran, Ex­ec­u­tive Di­rec­tor of SEBI. The coun­try’s top 12 ma­jor ports have recorded a growth of 3.46 per cent in cargo traf­fic dur­ing April-Novem­ber 2017 han­dling 439.66 mil­lion tonnes (mt) cargo, the gov­ern­ment said to­day. The high­est growth was reg­is­tered by Cochin Port (17.93 per cent), fol­lowed by Paradip (13.13 per cent), Kolkata (12.64 per cent), New Man­ga­lore (7.07 per cent) and JNPT (5.69 per cent), the state­ment said.

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