In its attempt to keep pace with the fast evolving fintech landscape, the financial services commission has issued a guidance note on Security Token Trading System. The CEO Mr. Dhanesswurnath Thakoor went on to say:

"The publication of a Guidance Note on Security Tokens Offering (STO) and Security Tokens Trading Systems is another stepping stone in building an open and transparent regulatory regime for Fintech in Mauritius."

The Guidance also includes the requirements to comply with the Anti-money laundering and Combating the Financing of Terrorism (AML/CFT) laws and codes. You may read the:

  1. Commuique HERE; and
  2. The full Guidance note HERE

Originally published August 3, 2020.

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.