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As part of its ongoing objective to strengthen the position of
Mauritius as a FinTech hub, The Financial Services Commission,
Mauritius (“FSC”), in collaboration with the Ministry of
Financial Services and Good Governance, launched the Literacy
Campaign on the Virtual Asset and Initial Token Offering Services
Act 2021 (the “Campaign”).
Through a series of financial literacy programmes consisting of
video clips, radio spots, billboards, brochures and posters, the
Campaign will operate with the objective of providing domestic and
international stakeholders with an in-depth understanding of the
Virtual Asset and Initial Token Offering Services Act 2021. This
innovative piece of legislation aims to cater for a conducive
FinTech environment while also ensuring that consumers and
regulatory bodies are on par with the international standards of
regulation to prevent malpractices involving virtual assets. Read
the press release from the FSC 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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