Mauritius: The COVID-19 (Miscellaneous Provisions) Act 2020
The Covid-19 crisis has been an unprecedented shock to the world economy. As of now, it remains largely impossible to predict what the post Covid-19 future holds in store for us but a large part of it will be shaped by the recovery strategies being implemented by world leaders.
In Mauritius, Government has been monitoring the situation very closely and it has constantly been implementing measures that will help in alleviating and mitigating the impact of the crisis. As previously communicated, the Government has been working on a gradual de-confinement strategy which necessitated several amendments to the legislative framework. The Covid-19 (miscellaneous provisions) Act 2020 (COVID-19 Act) was passed on 15 May 2020 in the National Assembly and given presidential assent on 16 May 2020, implementing amendments to 56 legislations that impact on the main spheres of the economy. Read more
Established in 1999, Intercontinental Trust Limited (ITL) provides a plethora of financial and fiduciary services to a diversified client base including private equity firms, real estate multinationals, financial institutions, investment managers and high-net-worth individuals among others.
ITL is located in Ebene, the financial centre of Mauritius and has offices in Singapore, Seychelles and representative offices in South Africa and Kenya.