The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market and transactions in transferable securities carried out in the Republic of Cyprus.

CySEC is to exercise effective supervision to ensure investor protection and the appropriate development of the securities market.

FCA regulates the financial services industry in the UK.

FCA aims to make sure that financial markets work well so that consumers get a fair deal. This means ensuring that, the financial industry is run with integrity, firms provide consumers with appropriate products and services, and consumers can trust that firms have their best interests at heart.

The Capital Markets Authority is an independent public agency established by an Act of Parliament, Cap 485 A under The National Treasury and Planning. The Authority came into being on December 15, 1989 when the Act was passed and was inaugurated in March 1990.

The CMA is a regulating body charged with the prime responsibility of supervising, licensing and monitoring the activities of market intermediaries, including the stock exchange and the central depository and settlement system and all the other persons licensed under the Capital Markets Act. It plays a critical role in the economy by facilitating mobilization and allocation of capital resources to finance long term productive investments.

The Authority derives its powers to regulate and supervise the capital markets industry from the Capital Markets Act and the Regulations issued there under. The regulatory functions of the Authority as provided by the Act and the regulations include the following:

• Licensing and supervising all the capital market intermediaries
• Ensuring proper conduct of all licensed persons and market institutions.
• Regulating the issuance of the capital market products (bonds, shares etc )
• Promoting market development through research on new products and institutions.
• Promoting investor education and public awareness
• Protecting investors’ interest
• Composition of the Board

FSC is the integrated regulator for the financial services sector (other than banking) and global business. The FSC licences ‘Investment Dealers’, not forex brokers.

Strong regulation and supervision are essential to ensure stability in the financial system. FSC's objective is to position Mauritius as a jurisdiction of substance with the right balance between regulation and business development.