An Electronic Money Institution (EMI) license in Cyprus is a type of authorization granted by the Central Bank of Cyprus (CBC) that allows companies to issue, store, and manage electronic money (e-money) and provide payment services. To obtain an EMI license, the company must meet certain requirements, such as having adequate capital, a sound business…
The Financial Services Commission, Mauritius (FSC) is releasing the following proposed legislations for public consultation, in an effort to enhance investor protection and maintain a transparent rule-making process: a) Securities (Amendment) Act 2023 b) Financial Services (Amendment) Act 2023 c) Securities (Central Depository, Clearing and Settlement) (Amendment) Act 2023 d) Securities (Consumer Duty) Rules e)…