FSC Releases Consultation Paper On The Regulatory Framework For The FinTech Service Provider Licence

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Axis Fiduciary Ltd (“Axis”) is a specialist service provider offering a full spectrum of corporate, fiduciary and fund services to a diversified client base. We set up companies, trusts, funds, foundations, partnerships and other legal entities and provide the necessary fiduciary, corporate, secretarial, administration, accounting, tax and other ancillary and support services. Axis is licensed by the Financial Services Commission of Mauritius as a Management Company. We also has a presence in Seychelles

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The Financial Services Commission ("FSC") has issued a Consultation Paper on 19 February 2021, proposing the setting up of a comprehensive regulatory framework for FinTech Service Provider Licence...

Mauritius Technology

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The Financial Services Commission ("FSC") has issued a Consultation Paper on 19 February 2021, proposing the setting up of a comprehensive regulatory framework for FinTech Service Provider Licence which will aim at offering providers of technology services to financial institutions, with a set of guidelines to be adhered to, should they wish to operate in or from Mauritius.

The FSC is requesting for the perspective of the industry, its stakeholders and the public on this Consultation Paper. Any comments, feedback and suggestion should be sent to the Chief Executive of the FSC on (fspconsultation@fscmauritius.org) by Friday, 05 March 2021.

Please read the FSC Communique HERE.

Please read the full Consultation paper HERE.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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