Further to the publication, in 2018, of the Blueprint for Financial Services, the MBA is participating in several initiatives which are under way across the Financial Services sector to review, update and implement the recommendations of the Blueprint. The Bank of Mauritius is currently holding a consultation exercise on this matter in relation to the banking sector. As part of this project, a Fintech Committee has been set up, to look at concrete ways to support and accelerate the development of a Fintech ecosystem. Working groups have been set up on topics such as Talent & Skills, Regulation, Innovation and Capital. The banking sector is represented on this Committee by members of the MBA Bureau (the MCB, HSBC, Bank One, and the MBA), and a first outline is expected in the month of February. MBA Member banks are invited to share their thoughts and suggestions through the MBA.
