We are pleased to welcome Mr. Shammeem Abdoolakhan as Technical Director and Training Lead, at Axis Fiduciary Ltd. With over 23 years of experience in the corporate and private wealth industry, Mr. Abdoolakhan brings a wealth of knowledge and expertise to his new role. As the primary technical training expert, Mr. Abdoolakhan will be responsible […]
Appointment of Technical Director and Training Lead Read More »
Unlocking the power of Africa-focused cross-border investments! The Mauritius IFC is the go-to jurisdiction for such investments. As an internationally recognised jurisdiction of repute, the Mauritius IFC has an established and comprehensive business eco-system which nests all the relevant services and offerings within the IFC which Investors may need for their cross-border investments. Contact us
Mauritius as an International Financial Centre (IFC) Read More »
Mr. Sayyad Khayrattee, Head of Business Development and Marketing at Axis, was recently invited as a guest speaker at the Vocational Talk Series organised by the Rotary Club of Moka in February 2023. Sayyad provided an insightful session on Mauritius as an International Financial Centre, highlighting its growing popularity among investors. The talk was well-received,
Mr. Sayyad Khayrattee speaker for the Vocational Talk Series at the Rotary Club of Moka Read More »
At Axis, our team of expert accountants is dedicated to providing personalised and professional accounting services that are tailored to meet the unique needs of your business. With years of experience and a deep understanding of the latest and international accounting practices, we can help you navigate complex financial challenges to achieve your business goals.
Accounting Services provided at Axis Read More »
The world has gone through a paradigm-shifting crisis, which no one was really prepared for. The COVID-19 pandemic has reminded us of life’s unpredictability. At the same time, it has brought some positive news in the wealth management space, in that the High-Net-Worth Individuals (HNWIs) have witnessed an acceleration in their wealth, especially families and
Investment Adviser in the context of Wealth Management Read More »
Mr. Assad Abdullatiff, Managing Director at Axis was pleased to be a speaker at a workshop organized by Afrasia on 24 January 2023. Assad provided an insightful session on trusts and trusteeship covering the types and uses of a trust, the formal requirements of a trust, benefits of being a trustee and a settlor as
Trusts and trusteeship: best practices, opportunities and pitfalls Read More »
At Axis, our dedicated teams of experts collaborate with high-net-worth individuals and their advisors to provide bespoke private client services. We aim to offer efficient solutions to help our clients preserve their wealth across generations while establishing enduring relationships. Axis prioritises clients’ financial services needs and requirements as well as enhances clients’ satisfaction. Contact us on info@axis.mu or visit us
Axis Private Client Services Read More »
Mauritius is continuing to make improvements to its legal, regulatory, and operational measures for preventing and combating terrorist financing and money laundering after it has been removed from the EU blacklist, the Financial Action Task Force’s (“FATF)” grey list, as well as the UK list of high-risk jurisdictions since 2020. Further to the delisting, Mauritius
Axis Talks-Mauritius hits the 40 out of 40 FATF Recommendations Read More »
The Anti-Money Laundering and Combatting the Financing of Terrorism Handbook (the “Handbook”) has been updated on 21 September 2022 in view of aligning with the amended certification requirements under the Financial Intelligence and Anti-Money Laundering Act 2002 and the Financial Intelligence and Anti-Money Laundering Regulations 2018. The certification requirements have been amended to cater to
Axis Newsbite-Updates to the AML/CFT Handbook Read More »
Mr. Assad Abdullatiff, Managing Director at Axis Fiduciary Ltd, had the pleasure of being a speaker at the STEP Malta Conference held on 06th and 07th October at the Hilton Malta. Regrouping speakers from diverse financial services backgrounds, the conference provided interesting insights pertinent to the trusts and estates practice while also gearing attendees with
Mr. Assad Abdullatiff, speaker at the STEP Malta Conference Read More »
The tropical island, Mauritius, remains a destination of choice owing to its climate, myriad of cultures, attractive taxation regimes and a variety of opportunities granting access to foreigners wanting to purchase a second home. The various property acquisition schemes coupled with the diverse opportunities available to obtain a residence permit, may seem to be a
Axis diXit – Property acquisition and becoming a resident in Mauritius Read More »
At Axis we are committed to the ongoing professional development of our staff. As part of our ongoing professional growth objective, Axis is pleased to announce the launching of the Axis Academy. The Axis Academy is a testament to the dedication of Axis to not only encourage but also to guide our staff towards being
Launching of the Axis Academy Read More »
“Worthiness” is commonly defined as “the quality of deserving respect or attention.” In the eyes of a financial institution, onboarding or maintaining an ongoing business relationship with a high-net-worth customer is “worth it” – but is it always “worthy”? The latest article of the Axis Insights covers the reputational risks factors that may be associated
Axis Insights- How “worthy” is “worth it”? Read More »
Good corporate governance is about ‘intellectual honesty’ and not just sticking to rules and regulations; Capital flowed towards companies that practiced this type of good governance.” – Mervyn King (Chairman: King Report) Read more about the importance of Corporate Governance in this era of substance, in our Axis insights written by Nigaar Abubaker Esmael, Company
Axis Insights – The Importance of Corporate Governance in this era of substance Read More »
Join Mr. Assad Abdullatiff, Managing Director at Axis, and a panel of specialists as they analyse the measures, share their views and key insights for the Financial Services Sector, in an upcoming webinar hosted by Mauritius Finance to debrief on the Budget 2022-2023. Date: Tuesday, 14 June 2022 Time: 3:00PM – 4:30PM (Mauritian time) Click
Mauritius Finance Webinar – Budget 2022-2023 Debrief Read More »
Successful organisations understand the benefits of training their employees. Training is crucial if you want your employees to do their jobs correctly, efficiently, productively, and professionally. Moreover, well trained employees provide a better standard of service to clients, are more motivated and loyal (and are more likely to stay as a result). Indeed, there is
The Axis Academy – Your professional growth partner Read More »
Technology has radically changed our lives and the way business is conducted. Consequently, it seems that failure to innovate is akin to guaranteed failure. As criminals find new ingenious ways to launder money or finance terrorism, compliance professionals have the duty to outsmart them. Fortunately, with the help of robots and intelligent automation, a possible
Axis Insights – Compliance Automation: A new dawn in the financial services sector Read More »
Axis hosted an exclusive private Axis Masterclass on Tuesday 08 March 2022 centered around “Structuring investments through the Mauritius IFC”. Mr. Sayyad Khayrattee, Head of Business Development and Marketing at Axis, shared his insights on Mauritius as an International Financial Centre, its attractiveness and the different types of corporate structuring available. To top it off,
Axis Masterclass: Structuring Investments in the Mauritius IFC Read More »
The dynamic nature of the Mauritian Fund Industry comes with the challenge of adapting to changes in legislative structures while also being able to provide a seamless service to Mauritius domiciled and foreign fund structures. Nonetheless, Mauritius has earned the reputation of being an IFC of choice for not only the establishing of investment funds but
Axis Insights: Mauritius as an IFC of choice for Fund (Local and Foreign Funds) Business Read More »
Foreign Account Tax Compliance Act (“FATCA”) and Common Reporting Standard (“CRS”) reporting are becoming increasingly important in this challenging accounting era where one cannot rely on traditional measures of secrecy in regards to tax reporting. We are pleased to share with you our “Axis Talks” series, with this first one focused on FATCA and CRS
Axis Talks – FATCA and CRS reporting in this challenging accountability era Read More »
Cross-border investments present many challenges including investment protection issues and fiscal uncertainty. This is why the structuring of cross-border businesses requires careful consideration of the jurisdiction and vehicle to be used. The choice of Mauritius as a domicile for structuring business is well established and also well-known amongst promoters and institutional investors. With a strong
Mauritius: The perfect investment and regional trading business hub. Read More »
Setting up of Family Offices in Mauritius Statistics have it that the number of ultra-high net worth individuals are increasing year on year adding to the equally increasing number of high-net-worth individuals – which means that the demand for family offices is likely to grow even more in the coming years. Very wealthy families are
The emergence of Family Offices in Mauritius Read More »
We are delighted to share with you the interview of Mr. Jean Claude Permal, our Executive Director and Chief Operation Officer and Mr. Husayn Sassa, our Head of Fund Administration & Investor Services in the November issue of the Africa Global Fund digital magazine. This came following our recent award as “Best Fund Administrator: Private
Africa Global Fund – ‘Adapting to the needs’ of Fund Managers’ Read More »
Axis is delighted to host a webinar, in partnership with the Kenyan Association of Family Business Enterprises (“AFBE”), to discuss the use of Trusts and Foundations in Succession and Estate planning. When it comes to estate planning, the needs of high-net-worth individuals (HNWIs) have become more complex with globalisation and changing lifestyles and demographics. This
The Axis Webinar: The use of Trusts and Foundations in Succession and Estate planning Read More »
Axis had it’s first masterclass in July about the Mauritius Shareholding Trust. This Masterclass deep-dived in the following: The importance of Succession planning Overview of succession laws issues that need to be considered by a client What is a MAST and how it is the solution towards the succession burden Advantages and features of the
The Axis Masterclass Highlights Read More »
Re-domiciliation of companies commonly known as ‘migration’ is becoming more and more frequent, be it for the unfavorable tax and regulatory regime in which a company is currently operating in or for the efficient administration and management of costs by consolidating all structures in one particular jurisdiction or to generally lower the cost of doing
Re-domiciliation of a company to Mauritius – An interesting proposition! Read More »
Thriving on Change – Remote Working – The New Trend In March 2020, when a state of emergency was declared in Mauritius due to the pandemic, many unprepared businesses faced the challenge to quickly re-adapt their Business Continuity model, if they were to remain on track. To keep the “business as usual” scenario amid this
THE WISDOM IN THE PANDEMIC Read More »
A novel way to hold your shares in Companies We are living an unprecedented period with the unfortunate Covid-19 situation in the world. We must deal with circumstances going out of hands with little time to prepare and plan, and certainly most of us would have wished that we could have planned things sooner and
The Mauritius Shareholding Trust (MAST) Read More »
Our Managing Director, Mr. Assad Abdullatiff, will be a panelist in a debate focused on “Private Wealth & Family Offices” at the International Fiscal Association Conference. The themes for this year’s IFA Conference are: 1. BEPs Action 5: The substance conundrum 2. BEPs Action 1: Would consensus be reached?
Our MD Mr. Assad Abdullatiff is Panelist in IFA Conference Read More »
