Canada: Signed FinTech cooperation agreement

The Canadian Securities Administrators and the Financial Services Commission of Mauritius signed the FinTech cooperation agreement. The agreement builds on the work of the CSA Regulatory Sandbox Initiative and the efforts made by FSC Mauritius with innovative financial players, aiming to provide a framework that offers flexibility for businesses, but also maintains investor protection. The agreement includes a referral mechanism for innovative businesses and intends to establish information sharing between these jurisdictions. Further information is not yet available.