Membres • Actualités
Fintech in Mauritius
Mauritius has a well-regulated financial sector with regulators such as the Bank of Mauritius and the Financial Services Commission which are supervising the banks and the financial services sector, and the country has the necessary ecosystem to assist fintech companies.
Custodian Services (Digital Asset) Licence in Mauritius
Following the issue of the Guidance Notes on the Recognition of Digital Assets as an asset-class for investment by Sophisticated and Expert Investors by the Financial Services Commission (FSC) on 17 September 2018, the FSC has now issued a new regulatory framework in relation to the Custodian Services (Digital Asset) Licence, effective 01 March 2019.
This regulatory framework positions Mauritius International Financial Centre (IFC) as the first jurisdiction globally to offer a regulated landscape for the custody of digital assets. Holders of the Custodian Services (Digital Asset) Licence will equally have to comply with the applicable framework for AML/CFT, in line with international best practices.
The Regulatory Sandbox Licence (RSL) in Mauritius
The offers the possibility to an investor to conduct a business activity for which there exists no legal framework, or no adequate provisions under existing legislation in Mauritius. The RSL will be issued by the Economic Development Board of Mauritius to eligible companies willing to invest in innovative projects according to an agreed set of terms and conditions for a defined period.
Cooperation Agreement between the Mauritius Financial Services Commission (FSC) and “Autorité des marches financiers” France
To promote the innovation in the financial services in Mauritius and France, FSC and the “Autorité des marches financiers” France has signed a Cooperation Agreement on the 5th September 2018.
ABOUT MITCO
MITCO, a Trust and Corporate Services Group, is headquartered in Mauritius. The MITCO Group has built a reputation for providing value added services which enables our clientele to attain their objectives since more than 25 years.
Our services are tailor made for, Corporates, Institutions, Funds, Entrepreneurs, Private clients and Family offices.
The services offered by the MITCO Group encompass advisory, structuring, set-up, administering, company secretarial, compliance, professional outsourcing and back-office.
HOW MITCO CAN HELP TO DEVELOP YOUR FINTECH ACTIVITIES FROM MAURITIUS?
- Assist with company set up
- Assist with the application of the Custodian Services (Digital Asset) Licence or RSL
- Assistance with the recruitment process and payroll of professionals
- Assistance to find an office in Mauritius
- Assistance for occupation and residence permits
CONTACT DETAILS
For more information on the Fintech in Mauritius or MITCO Services, we invite you to contact Ms. Sophie Fleurant and Ms Cathy Wong by email on sophie.fleurant(@)mitcoworld.com and cathy.wong(@)mitcoworld.com or phone them on the + 230 404 8000.
