comoros
The Comoros Was Just a Layover: Prop Firms Are Now Landing in Mauritius
- After MetaQuotes curbed white-label deals with prop firms in early 2024, names like FundingPips and FundedNext rushed to the Comoros. A year on, many have secured Mauritius FSC licences and now run their brokerages from there instead.
- The Comoros licences come from island bodies that the country's own central bank has called fictitious. Is that legitimacy gap quietly steering firms toward Mauritius, or is it simply a natural upgrade as they scale?
Tuesday, 16/06/2026 | 06:07 GMT by
Arnab Shome
Is The End of The Comoros “License” Mirage Coming?
- Licenses issued by the Anjouan Offshore Finance Authority (AOFA), the Mwali International Services Authority (MISA), and other self-proclaimed financial authorities have no legal or practical validity whatsoever.
- The Constitution of the Union of Comoros establishes that banking and financial legislation fall under the exclusive competence of the Union government's central bank, not the individual islands.
Thursday, 19/03/2026 | 14:40 GMT by
Eugenio Accongiagioco
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