The Mauritius Financial Services Commission published a communiqué reporting that Mauritius has improved its position in the 11th edition of the Smart Centres Index, rising six places to 42nd globally. The jurisdiction’s rating increased by 11 points to 659, and Mauritius ranked fifth in the Middle Eastern and African region. The Smart Centres Index, developed by Z/Yen Group Ltd, benchmarks leading financial centres on the depth and quality of innovation in finance and technology and assesses centres’ support and readiness for new technology applications. The FSC linked the improved ranking to innovation-friendly regulation, development of the fintech ecosystem, and uptake of digital finance and sustainability initiatives, and pointed to ongoing regulatory enhancements, investment in supervisory technologies, and engagement with stakeholders.

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