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Surrender of Money-Changer Licence by Max & Deep Co Ltd

23 July 2015, Bank of Mauritius
 
On 17 June 2005, Max & Deep Co Ltd was granted a Money-Changer Licence, under section 14(5) of the Banking Act 2004, to carry out the business of money-changer in Mauritius.
 
Max & Deep Co Ltd applied, in terms of sections 11(7) and 16 of the Banking Act 2004 for the surrender of its Money-Changer Licence with effect from 08 July 2015. The Bank has accepted the surrender of the licence by Max & Deep Co Ltd, which now stands cancelled.
 
The public is hereby informed that Max & Deep Co Ltd no longer holds a Money-Changer Licence and has ceased to carry on the business of money-changer in Mauritius with effect from 08 July 2015.