The Financial Services Commission (“FSC”) has issued a communiqué on 18 June 2021 informing the public of the Rules implemented with the objective of establishing a conducive regulatory framework to accommodate and promote the adoption of new and emerging technologies by licensed service providers in Mauritius.

The Chief Executive of the FSC, Mr. Dhanesswurnath Thakoor, has shown his faith in the future of Robotic and Artificial Intelligence in the Mauritius services sector and he was quoted as saying, “Robotic and artificial intelligence are key technology enablers that will contribute to the digital transformation of the investment and portfolio management landscapes in Mauritius.”

Find more details about the Rules; and the Robotic and the Artificial Intelligence Enabled Advisory Services license in the full communiqué HERE.