As Mauritius targets the juicy digital financial services market, through blockchain or fintech, the financial services regulator doesn't want to take any chances. The Financial Services Commission (FSC) has therefore teamed up with Chainalysis, a service company with an international reputation for its expertise in tracking down crypto-currency fraudsters and recovering misappropriated funds.

The local financial services regulator, the Financial Services Commission (FSC), has shown that Mauritius should take all measures to avoid falling into the traps that its deficiencies in the fight against money laundering and terrorist financing have created.The Financial Services Commission (FSC) has shown that Mauritius should take all measures to avoid falling into the traps that its shortcomings in the fight against money laundering and terrorist financing have set for it and that have resulted in its name appearing on the grey list of the Financial Action Task Force (FATF), an international and intergovernmental body whose mission is to combat these two scourges, and on the black list of the European Union and Great Britain.

Indeed, on September 21, the FSC kicked off its posture on the sidelines of the opening of the jurisdiction to digitalized financial activities, with a workshop onacquisition of knowledge to master the tools and software needed to operate the blockchain technology that will allow the country to have digital structures on which new services will be available. This workshop was aimed at strengthening its ability to ensure that it can exercise the necessary control over the digitalized financial activities, especially with regard to service providers in virtual assets or operators who will offer initial tokens.