Regulated EntitySegregated Client FundsSecure & Transparent
Monolith Market
About · Regulation

Website Regulatory Disclosure

Monolith Market is the trading platform operated by Monolith Private Wealth Limited (“MPW”, the “Company”, “we”), which is the contractual counterparty for all services provided through Monolith Market. The FSC licences and the regulatory obligations described here are held by, and apply to, Monolith Private Wealth Limited.

Company Identification

Full Legal Name
Monolith Private Wealth Limited
Trading Name
Monolith Private Wealth (MPW)
Country of Incorporation
Republic of Mauritius
Company Type
Private Company (Global Business Corporation)
Date of Incorporation
12/03/2023
Company Registration Number
193549
Global Business Licence
GB22201014
Tax Residence
Republic of Mauritius
Tax Identification Number
28103731
GIIN (FATCA)
BI4MJ5.99999.SL.480
Registered Office Address
The Gardens, Ground Floor
Bagatelle Office Park,
Bagatelle, Moka 80832
Mauritius

Regulatory Status and Licences

The Company holds the following licences issued by the Financial Services Commission of Mauritius. Each licence authorises MPW to conduct specific activities defined under the Securities Act 2005 and the Securities (Licensing) Rules 2007:

Investment Dealer (Full-Service Dealer, excluding Underwriting)

Licence Type
Investment Dealer (Full-Service Dealer, excluding Underwriting)
FSC Licence Number
GB22201014
Statutory Basis
Section 29 of the Securities Act 2005
Licensing Rule
Rule 4 of the Securities (Licensing) Rules 2007
Date of Licence
16/01/2023
Status
Active and in good standing
Authorised Activities
Acting as an intermediary in executing securities transactions; trading in securities as principal for resale to the public; providing investment advice in the ordinary course of business; and managing client portfolios.
Activities Not Authorised
Underwriting of securities is expressly excluded under this licence.

Investment Adviser (Unrestricted)

Licence Type
Investment Adviser (Unrestricted)
FSC Licence Number
GB22201014
Statutory Basis
Section 30 of the Securities Act 2005
Licensing Rule
Securities (Licensing) Rules 2007
Date of Licence
16/03/2023
Status
Active and in good standing
Authorised Activities
Advising, guiding, or recommending clients to enter into securities transactions; managing under a mandate (whether discretionary or not) portfolios of securities; giving advice on corporate finance advisory matters.

Regulator

Financial Services Commission, Mauritius (“FSC”)

AddressFSC House, 54 Cybercity, Ebène, 72201, Republic of Mauritius

Telephone+230 403 7000

Emailfscmauritius@fscmauritius.org

Websitewww.fscmauritius.org

Statutory Basis of the FSC: Established under the Financial Services Act 2007 as the integrated regulator for the non-bank financial services sector and global business of the Republic of Mauritius.

Verification: You may independently verify the licensing status of the Company through the public Licensees Register on the FSC website.

What our FSC licence means

The Company is licensed and regulated by the Financial Services Commission of Mauritius. As a regulated firm, is subject to applicable conduct, prudential, governance, reporting and AML/CFT obligations under Mauritian law. Where applicable, client credit balances and client assets are handled in accordance with the requirements of the Securities Act 2005 and related FSC rules. MPW is also subject to ongoing regulatory reporting and supervision by the FSC.

Clients may submit complaints through MPW’s Complaints Handling Procedure and, where appropriate, may escalate unresolved matters to the Office of the Ombudsperson for Financial Services and/or the FSC.

What it does not mean

The Company’s licence does not constitute an endorsement, approval or guarantee by the FSC of any product, service, transaction or investment strategy. It does not protect clients from investment losses, market risk, liquidity risk, counterparty risk or other risks associated with financial markets.

Regulatory enquiries

Risk NoticeTrading Forex and CFDs involves significant risk and may not be suitable for all clients. Leverage can amplify losses. Please ensure you understand the risks before trading.