Applicability of the provisions of law


Question 1:

By referring to the features documentary credits, illustrate out how such an instrument can improve and facilitate business activities.

Question 2:

Discuss and illustrate out the applicability of the provisions of law relating to a lost bill of exchange.

Question 3:

Temptation to use business facilities as tools for financial crimes has always been prevalent all over the world. In Mauritius, the legislator has made provisions to prevent and detect money laundering activities in trade organizations. Analyze the mechanism in place to combat money laundering.

Question 4:

The Financial Services Commission (FSC) is licensing authority for businesses operating in Global Business sector. By referring to the Global Business Category I licence, illustrate out how this power conferred on the FSC is exercised?

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Other Subject: Applicability of the provisions of law
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