Guideline 2021 status not recorded
Guideline for Digital Banks
Issued by Bank of Mauritius
Effective: 6 Dec 2021
Plain-English summary
Bank of Mauritius guideline BOM/BSD 43 for banks licensed to operate exclusively through digital means. New digital banks begin in a restricted phase with a mobilisation period of not more than two years and a transitional period of up to three years. Minimum capital is MUR 200 million in the restricted phase (para. 4.3), rising to MUR 400 million at its end (para. 4.4).
Who it applies to
Banking · Payments & Fintech
Topics
Prudential & Capital Payments & Fintech / Digital Assets
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