First meeting of the National Regulatory Sandbox Licence Committee

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First meeting of the National Regulatory Sandbox Licence Committee

The National RSL Committee is under the administrative charge of the FSC Mauritius and will:

 

(i)  Operate as an independent committee to coordinate the processing of all RSL applications made to the Economic Development Board in relation to fintech;

(ii)   Be the focal point for assessing:

  • all fintech related RSL applications; and
  • all newly announced fintech related applications as announced in the National Budget 2018/2019.

(iii)   Assign the supervisory function for the holder of the fintech RSL to either the Bank of Mauritius or the FSC Mauritius, depending on the nature of the proposed fintech activity.