Mauritius' Central Depository & Settlement Co Ltd has received international approval as an operating unit that can issue 'legal entity identifiers.' The Financial Services Commission of Mauritius has acted as its sponsor.

The Regulatory Oversight Committee (ROC) is a group of over 60 public authorities from more than 40 countries. It was established in January 2013 to co-ordinate and oversee a worldwide legal entity identification system, the Global LEI System. It has endorsed 20 or so operational issuers that issue Legal Entity Identifiers (LEIs). An LEI is a 20-digit, alpha-numeric code which uniquely identifies legally distinct entities that engage in financial transactions. As of 31 December 2014, over 330,000 entities from 189 countries had obtained LEIs from the operational issuers endorsed by the ROC.

The FSC Mauritius was awarded membership status of the Regulatory Oversight Committee of the Global Legal Entity Identifier (LEI ROC) on 16 June 2014. It was in charge of the necessary verification of the CDS's suitability for the job in terms of infrastructure, tools and processes. With the allocation of the "Pre-Local Operating Unit" prefix the (the 'Pre-LOU') to the CDS last September, Mauritius became the third country in the African continent, after South Africa and Nigeria, to introduce this codification.

The LEI is supposed to help regulators and market participants to identify and manage financial risks. On 29 January 2015 the ROC Committee 'on' Evaluation and Standards published guidelines for pre-LOUs to help them comply with the ROC Principles for the Interim Global LEI System published on 24 August 2014. Until the Global LEI Foundation is fully operational, the ROC will continue to endorse the LOUs and monitor their compliance with the LEI policies.