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  • Article

    How FinTech Sits Within The Existing Legal And Regulatory Framework?

    FinTech has become a global phenomenon. Cities such as London, New York, San Francisco, Shenzhen and Singapore have already positioned themselves as a leading FinTech Hubs.
    MauritiusTechnology
    BLC Robert
    BLC Robert
  • Article

    Virtual Asset And Initial Token Offering Services – New Regulatory Regime

    With the coming into operation of the Virtual Asset and Initial Token Offering Services Act 2021 (the "Act") on 7 February 2022, Mauritius is seeking to become a jurisdiction of choice for investors...
    MauritiusTechnology
    BLC Robert
    BLC Robert
Article

AML/CFT Guidance Notes For Virtual Asset Service Providers And Issuers Of Initial Token Offerings

With the aim of providing insight on the risks associated with virtual asset activities in terms of money laundering and the financing of terrorism, the Financial Services Commission issued...
MauritiusFinance and Banking
AXIS Fiduciary Ltd
AXIS Fiduciary Ltd
  • Article

    FSC Issues Guidance Notes On Stablecoins - Key Developments For Industry Participants

    Mauritius has issued comprehensive guidance notes on stablecoins, marking a significant tightening of its regulatory framework three years after initial consultation. The new rules prohibit algorithmic and yield-bearing models, mandate redemption at par value within five days, and introduce dual oversight with the Bank of Mauritius for certain arrangements.
    MauritiusFinance and Banking
    ENS
    ENS
  • Article

    Mauritius Budget 2021 – The Offshore Perspective

    The government announced that, from 15 July 2021, all flights will open to Mauritius for fully vaccinated tourists.
    MauritiusFinance and Banking
    The Sovereign Group
    The Sovereign Group
  • Article

    What Is Regtech? Has The Time Come For Its Implementation Into Our Legal Landscape?

    In this regard, regulatory technology, better known as ‘RegTech', becomes particularly pertinent. In brief, RegTech refers to the technology which helps companies deal with their regulatory...
    MauritiusTechnology
    Appleby
    Appleby
  • Article

    Cryptocurrencies And Virtual Assets – How Ready Are We?

    The world is moving at a fast pace and in line with modernisation, our means of transacting has progressed significantly.
    MauritiusTechnology
    Appleby
    Appleby
  • Article

    Mauritius Regulatory Update

    This first edition captures new measures since 1 January 2019.
    MauritiusFinance and Banking
    Appleby
    Appleby
  • Article

    National Budget Highlights - Making Mauritius Future Ready

    Mauritius is transforming into a cutting-edge digital financial hub through comprehensive legislative reforms that embed artificial intelligence, blockchain, and fintech into its regulatory framework. The island nation is introducing streamlined pathways for global talent and capital, including a premier Golden VISA scheme targeting high-net-worth investors in emerging technologies. These strategic measures position Mauritius as an innovation-driven international financial centre built for the future of dig
    MauritiusFinance and Banking
    Appleby
    Appleby
  • Article

    The Draft VAITOS Rules Part 3: Are There Sufficient Systems And Controls To Protect Rights Of Virtual Asset Owners?

    The general obligations of a virtual asset service providers (the ‘VASP') under the VAITOS (Statutory Returns) Rules 2022 (the ‘Statutory Returns Rules') and the VAITOS (Cybersecurity) Rules 2022...
    MauritiusTechnology
    Orison Legal
    Orison Legal
  • Article

    Mauritius And The AfCFTA: The Digital Trade Protocol Part II

    This article is the final of two analysing the AfCFTA Protocol on Digital Trade (hereafter referred to as the Protocol) and its implications for trade between Mauritius and Africa.
    MauritiusTechnology
    International Economics Consulting Ltd.
    International Economics Consulting Ltd.
  • Article

    Virtual Assets And Initial Token Offerings Now A Reality

    In its continued pursuit of attracting investors and building a resilient economy and establishing Mauritius as a hub for emerging technologies, the Mauritian Government has gone a step further...
    MauritiusFinance and Banking
    Appleby
    Appleby
  • Article

    Technology And Innovation Guide – Mauritius

    Mauritius used to rely mainly on its sugar and tourism industries, but the Government of Mauritius has sought to diversify and remains active in trying to develop new sectors to create growth...
    MauritiusTechnology
    Appleby
    Appleby
  • Article

    FSC Rules Issued Under The Virtual Asset And Initial Token Offerings Services Act 2021 (VAITOS)

    On 15 July 2022, the Financial Services Commission (FSC) issued the following rules under the VAITOS (VAITOS Rules).
    MauritiusTechnology
    Appleby
    Appleby
  • Article

    Is Cryptocurrency Security – The Mauritian And USA Perspectives?

    As any of the emerging technologies, cryptocurrency has been disruptive to the market and has challenged regulators globally. Unsurprisingly, it has been commented...
    MauritiusTechnology
    Appleby
    Appleby
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