Mauritius FSC GBL Application Checklist
Step-by-step process for filing a Mauritius Global Business Licence application with the FSC. Covers entity selection, substance requirements, document checklist, FSC fee structure, and the standard 8-week review window.
JYG Internal AML Standard
JY Global's firm-wide AML/CTF standard. Section-numbered policy covering CDD cascade, beneficial ownership identification (25% threshold, fallback to SMO), PEP-related EDD requirements, ongoing monitoring, and SAR filing thresholds.
Engagement Letter Template — Compliance Advisory
Standard JY Global engagement letter for new compliance advisory clients. Includes scope language (3 hrs/wk default), fee terms (USD billing, 5 business days net), 90-day termination, governing law, and the standard advisory-scope-only disclaimers.
UBO Identification Cascade
Step-by-step beneficial owner identification. (a) 25% direct/indirect threshold; (b) other-means-of-control fallback; (c) senior managing official fallback. Aligned to FATF Rec. 10 §5.
FATF Recommendation 10 — CDD (catalogued §-by-§)
Section-by-section reference for FATF Rec. 10 (Customer Due Diligence). Includes interpretive notes, thresholds, and JY Global's house guidance on tricky edge cases (e.g., trustees, layered structures).
Marketing Material Review — CFD Disclosures
Compliance review process for client marketing materials (banners, landing pages, promo videos). Updated April 2026 to reflect FSC Mauritius circular on past-performance disclaimers.
PEP-Related BO — Source of Funds Process
Auto-promoted from compliance committee minutes (3 Jun): require source-of-funds documentation within 30 days for all PEP-related beneficial owners. Pending Owner review.
CFD — Contract for Difference
A derivative contract where two parties agree to exchange the difference between the opening and closing price of an underlying asset. Most of JY Global's clients are CFD-broker operators...
How do we handle a clearly-PEP-related BO?
Quick reference for the firm's standard handling: (1) confirm PEP status with named source; (2) trigger EDD; (3) source-of-funds documentation within 30 days; (4) escalate to MLRO if any flags...
FSC Mauritius — Circular Index
Catalogued index of FSC Mauritius circulars from 2022 onwards, with brief abstracts and JY Global's compliance impact notes. New circulars added by Compliance Watcher (Phase 2).
Board Resolution Template — Share Transfer
Standard board resolution wording for client share-transfer transactions. Mauritius-compatible structure with placeholders for directors, shareholders, share counts, and effective date.