Financial Services Commission, Mauritius
Mr Vikash Thakoor is the Chief Executive of the Financial Services Commission, Mauritius (FSC) since 18 May 2020.
He holds a Masters’ Degree in Information Technology, Electronics and Systems Automation from Ecole Universitaire d’Ingénieurs de Lille - France and an MBA with Specialisation in Finance. He has over 25 years of Central Banking experience.
Prior to joining the Commission, he held the post of Assistant Director - Payments Systems and the Mauritius Credit Information Bureau (MCIB) at the Bank of Mauritius (BoM). He was also a member of the internal Fintech Committee and a member of the National Regulatory Sandbox License technical committee at the BoM.
Mr Thakoor was the country representative of the SADC Payment System Project and participated as payment system expert in the Regional Payment and Settlement System of the COMESA Clearing House.
He has been involved in a number of payment systems infrastructure and credit information bureau projects namely the Real Time Gross Settlement System (RTGS), the standardisation of cheques and the setting up of the Automated Cheque Clearing System, the truncation of cheques and electronic funds clearing, the development of the Mauritius Credit Information Bureau, the regulatory framework for mobile payments, the National Payment Switch and the Instant Payment System.
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Financial Services Commission, Mauritius
The Financial Services Commission, Mauritius (the 'FSC Mauritius') is the integrated regulator for the non-bank financial services sector and global business. Established in 2001, the FSC Mauritius is mandated under the Financial Services Act 2007 and has as enabling legislations the Securities Act 2005, the Insurance Act 2005 and the Private Pension Schemes Act 2012 to license, regulate, monitor and supervise the conduct of business activities in these sectors.