Mauritius:
The FSC Releases Guidance Notes On Stablecoins For Public Consultation
26 July 2023
AXIS Fiduciary Ltd
Most Popular: Article Mauritius, July 2023
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On 24 July 2023, The Financial Services Commission of Mauritius
(FSC) has released a draft Guidance Notes on Stablecoins for public
consultation, aligning with its transparent rule-making
process.
These notes aim to convey the FSC's regulatory approach to
stablecoins after the enactment of the VAITOS Act. Interested
stakeholders and the general public can provide comments and
feedback on the draft Guidance Notes via email at
fintechconsultation@fscmauritius.org until 11 August 2023.
It's important to note that the proposals are subject to
revision based on received feedback and do not reflect the final
position of the FSC.
Access the full communiqué 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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