FSC licensing explainers
How to apply for an FSC licence, VASP registration and payment services approval in Mauritius.
Regulatory updates, licensing guides, payments analysis and market intelligence for banks, fintechs and investors.
Mauritius' fintech sector is supervised by the Financial Services Commission (FSC) and Bank of Mauritius. Key themes include the MauCAS instant payment rail, mobile wallet competition, VASP licensing under the KYC/AML framework, and BNPL growth.
How to apply for an FSC licence, VASP registration and payment services approval in Mauritius.
Deep dives into the Mauritius Central Automated Switch, wallet economics and real-time settlement.
The Financial Services Commission (FSC) regulates most non-bank financial services, including VASPs, investment businesses and insurance intermediaries. The Bank of Mauritius regulates banks, payment systems and certain lending activities.
A Virtual Asset Service Provider licence is required for businesses dealing in virtual assets or providing related services. The FSC issues licences under Mauritius' anti-money laundering and counter-terrorism financing framework.