55 results found

This article attempts to provide a summary of the key principles applicable to a custodian of digital assets.

The Virtual Asset & Initial Token Offering Services Act 2021 was passed into law by the National Assembly on 10 December and will come into force when Presidential assent is received.

There are three recent developments that will impact the Mauritian offshore commercial market.

The Mauritius Banking Sector has been established since 1838 and boasts the oldest banking institution of the south of the Sahara, and one of the oldest banks of the Commonwealth.

It was the Italian novelist Umberto Eco who said that "we like lists because we don't want to die." List-making and list-keeping are integral parts of human life.

The British High Commission in Mauritius organised Wednesday 25 January 2017, jointly with the Financial Services Promotion Agency and the Board of Investment, the first ever UK-Mauritius fintech conference.

The Act aims at providing a comprehensive legislative framework to regulate the new and developing business activities of virtual assets and initial token offerings.

FinTech is an important topic for businesses globally as it is disrupting and changing the global financial landscape.

The Financial Services Commission (FSC) continues to propel its Fintech sector with a view to strengthen its regulatory framework to enable safe and secure virtual asset transaction...

After having issued a Guidance Note in September 2018 on its position regarding investment in digital assets, including Cryptocurrencies and tokens,

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.

The Finance (Miscellaneous Provisions) Act 2021 was gazetted on 05 August 2021 and it brings into force a number of amendments to the legislations in Mauritius.

One of the effects of the COVID-19 pandemic has unquestionably been our increased reliance on emerging technologies to the extent that it now forms an integral part of our ‘new normal' way of life.

According to World Bank estimates, around 60% of adults in sub-Saharan Arica are unbanked. Lack of money, distance to the nearest financial institution and insufficient documentation...

2017 was a very eventful year for the crypto industry. From the price of Bitcoin shooting from a starting price in the region of USD 985 at the beginning of January 2017 to a surprising USD 19,186 ...

Blockchain' refers to a decentralised peer-to-peer network which maintains a ledger of ‘transactions'.

The Financial Services Commission (the ‘FSC') has recently announced the setting up of FSC Finnovate, the new fintech innovation hub, a measure previously highlighted in the 2021/2022 budget speech.

FinTech will inevitably change the way we do business in Mauritius and elsewhere, thereby creating opportunities for both industry incumbents and new players.