Mauritius Government Prioritises Regulation Of Technology Sector

Since 2017, the Government of Mauritius has demonstrated its interest and commitment to accelerating the country's move to an age of digitally-enabled economic growth, namely by creating new opportunities for private investment and job creation.

In particular, through its FinTech Committee, the Government has identified three priority areas within the technology space for regulation in Mauritius. These include:

• Initial Token Offerings (ITOs);
• Custody services in relation to Digital Assets; and
• Investing and Trading in Digital Assets.

Investments in Digital Assets

The Financial Services Commission (FSC) has issued a guidance note on the recognition of digital assets as an asset-class for investment by sophisticated investors. The note highlights the following;