DMLRO – Company Background:

Freimann & Co Limited (the “Company”) was incorporated in Mauritius on 14^th of January 2020 as a private company limited by shares. It holds a Global Business Licence under the Financial Services Act 2007. The Company has been granted an Investment Adviser (Unrestricted) Licence on 16 January 2020 pursuant to Section 30 of the Securities Act 2005, Rule 5 of the Securities (Licensing) Rules 2007 and the Financial Services (Consolidated Licensing and Fees) Rules 2008. The Company is regulated by the Financial Services Commission (FSC). The Company’s registered office is at C/o Sanlam Trustees International Limited, Labourdonnais Village, Mapou, Mauritius.

Governance Policy:

The Company maintains standards of corporate governance through awareness of business ethics and supervision by the Board of Directors. The Board of Directors of the Company has also adopted The National Code of Corporate Governance for Mauritius (2016).

The Company also adheres with the local and international norms to combat Money Laundering, Terrorism Financing and Proliferation Financing. The Company has policies and processes in place aligned with international data protection standards.

Regulatory Adherence:

The following main acts and regulations are applicable to the activities of the Company:

• Non-Citizens (Property Restriction) Act 1975 as amended by the relevant Finance Acts
• Income Tax Act 1995 as amended by Finance Acts and complemented by Regulations
• Protected Cell Companies Act 1999 as complemented by Regulations
• Companies Act 2001 as amended by Finance Acts and complemented by Regulations
• Trusts Act 2001 as amended by the relevant Finance Acts
• Financial Intelligence and Anti Money Laundering Act 2002 as complemented by Codes and Regulations 
• Prevention of Terrorism Act 2002 as complemented by Regulations
• Prevention of Corruption Act 2002
• Mutual Assistance in Criminal and Related Matters Act 2003 as amended by the relevant Finance Acts
• Banking Act 2004 as complemented by the relevant Codes and Regulations
• Financial Reporting Act 2004 as amended by Finance Acts
• Insurance Act 2005 and The Insurance (Amendment) Act 2015 as amended by Finance Acts
• Securities Act 2005 as complemented by Regulations, including The Securities (Collective Investment Schemes and Closed-end Funds) Regulations 2008
• The Securities (Collective Investment Schemes and Closed-end Funds) Regulations 2008
• Financial Services Act 2007 as complemented by Guidelines, Codes and Circular Letters
• Insolvency Act 2009
• Asset Recovery Act 2011
• Limited Partnerships Act 2011
• The Foundations Act 2012
• The Data Protection Act 2017 as complemented by Regulations
• The Finance (Miscellaneous Provisions) Act 2018
• The United Nations (Financial Prohibitions, Arms Embargo and Travel Ban) Sanctions Act 2019
• The Anti-Money Laundering and Combating of the Financing of Terrorism and Proliferation (Miscellaneous Provisions) Act 2019 
• The Anti-Money Laundering and Combating the Financing of Terrorism and Proliferation
• (Miscellaneous Provisions) Act 2020 
• FSC Guide to Fitness and Propriety
• Guidelines on The Implementation of Targeted Financial Sanctions under The United Nations
• (Financial Prohibitions, Arms Embargo And Travel Ban) Sanctions Act 2019 issued on 25 August 2020 by the National Sanctions Secretariat
• FSC Communique on the Guidelines on The Implementation of Targeted Financial Sanctions under The United Nations (Financial Prohibitions, Arms Embargo and Travel Ban) Sanctions Act 2019 issued on 25 August 2020
• FSC Anti-Money Laundering and Combatting The Financing of Terrorism Handbook 2020, last updated on 31 March 2021 (‘FSC Handbook 2021’)
• The Securities (Amendment) Act 2021

Key Officers

The Company has also appointed the following Key Officers to assist with its obligations in the compliance universe:

• Uttra D. Boodan – Money Laundering Reporting Officer / Compliance Officer
• Amit Kisto – DMLRO

The Key officers have been appointed with the approval of the Financial Services Commission.  Any suspicious transaction should be filed with the MLRO, or in her absence to the DMLRO, in full confidentiality as per the contact form provided here.

Complaints:

If you suspect any wrongdoing, kindly provide additional information via the form provided here. Alternatively you may contact us directly at info@freimannco.com.

DMLRO – Company Background:

Freimann & Co Limited (the “Company”) was incorporated in Mauritius on 14^th of January 2020 as a private company limited by shares. It holds a Global Business Licence under the Financial Services Act 2007. The Company has been granted an Investment Adviser (Unrestricted) Licence on 16 January 2020 pursuant to Section 30 of the Securities Act 2005, Rule 5 of the Securities (Licensing) Rules 2007 and the Financial Services (Consolidated Licensing and Fees) Rules 2008. The Company is regulated by the Financial Services Commission (FSC). The Company’s registered office is at C/o Sanlam Trustees International Limited, Labourdonnais Village, Mapou, Mauritius.

Governance Policy:

The Company maintains standards of corporate governance through awareness of business ethics and supervision by the Board of Directors. The Board of Directors of the Company has also adopted The National Code of Corporate Governance for Mauritius (2016).

The Company also adheres with the local and international norms to combat Money Laundering, Terrorism Financing and Proliferation Financing. The Company has policies and processes in place aligned with international data protection standards.

Regulatory Adherence:

The following main acts and regulations are applicable to the activities of the Company:

• Non-Citizens (Property Restriction) Act 1975 as amended by the relevant Finance Acts
• Income Tax Act 1995 as amended by Finance Acts and complemented by Regulations
• Protected Cell Companies Act 1999 as complemented by Regulations
• Companies Act 2001 as amended by Finance Acts and complemented by Regulations
• Trusts Act 2001 as amended by the relevant Finance Acts
• Financial Intelligence and Anti Money Laundering Act 2002 as complemented by Codes and Regulations
• Prevention of Terrorism Act 2002 as complemented by Regulations
• Prevention of Corruption Act 2002
• Mutual Assistance in Criminal and Related Matters Act 2003 as amended by the relevant Finance Acts
• Banking Act 2004 as complemented by the relevant Codes and Regulations
• Financial Reporting Act 2004 as amended by Finance Acts
• Insurance Act 2005 and The Insurance (Amendment) Act 2015 as amended by Finance Acts
• Securities Act 2005 as complemented by Regulations, including The Securities (Collective Investment Schemes and Closed-end Funds) Regulations 2008
• The Securities (Collective Investment Schemes and Closed-end Funds) Regulations 2008
• Financial Services Act 2007 as complemented by Guidelines, Codes and Circular Letters
• Insolvency Act 2009
• Asset Recovery Act 2011
• Limited Partnerships Act 2011
• The Foundations Act 2012
• The Data Protection Act 2017 as complemented by Regulations
• The Finance (Miscellaneous Provisions) Act 2018
• The United Nations (Financial Prohibitions, Arms Embargo and Travel Ban) Sanctions Act 2019
• The Anti-Money Laundering and Combating of the Financing of Terrorism and Proliferation (Miscellaneous Provisions) Act 2019
• The Anti-Money Laundering and Combating the Financing of Terrorism and Proliferation
• (Miscellaneous Provisions) Act 2020
• FSC Guide to Fitness and Propriety
• Guidelines on The Implementation of Targeted Financial Sanctions under The United Nations
• (Financial Prohibitions, Arms Embargo And Travel Ban) Sanctions Act 2019 issued on 25 August 2020 by the National Sanctions Secretariat
• FSC Communique on the Guidelines on The Implementation of Targeted Financial Sanctions under The United Nations (Financial Prohibitions, Arms Embargo and Travel Ban) Sanctions Act 2019 issued on 25 August 2020
• FSC Anti-Money Laundering and Combatting The Financing of Terrorism Handbook 2020, last updated on 31 March 2021 (‘FSC Handbook 2021’)
• The Securities (Amendment) Act 2021

Key Officers

The Company has also appointed the following Key Officers to assist with its obligations in the compliance universe:

• Uttra D. Boodan – Money Laundering Reporting Officer / Compliance Officer
• Amit Kisto – DMLRO

The Key officers have been appointed with the approval of the Financial Services Commission.  Any suspicious transaction should be filed with the MLRO, or in her absence to the DMLRO, in full confidentiality as per the contact form provided here.

Complaints:

If you suspect any wrongdoing, kindly provide additional information via the form provided here. Alternatively you may contact us directly at info@freimannco.com.