Moroccan Capital Markets Regulator Launches Fintech Portal – Regulation Bitcoin News
The Moroccan Capital Market Authority (AMMC), the capital market regulatory body in Morocco, recently announced that it has launched a fintech portal on its website. The new portal has been created to facilitate exchanges between the regulator and “companies involved in the innovative fintech sector.”
Portal to promote the development of new technology
Morocco’s capital markets regulator, the Moroccan Capital Markets Authority (AMMC), recently announced the launch of a new fintech portal on its website. The goal of the new portal is to “support market players in their projects and promote the development of new technologies that will help transform the financial sector.”
According to a statement, AMMC’s establishment of the fintech portal signals the regulator’s willingness to embrace innovations within the financial industry.
“For the Moroccan Capital Markets Authority, supporting the appeal of the capital market also means embracing innovation in the financial industry. The authority has placed innovation support at the heart of its strategic plan for 2021-2023 and intends to work closely with project managers to promote the development of new technologies in the Moroccan capital market, the statement says.
In addition to opening a communication channel for project managers to engage with the regulator, the statement added that the fintech portal provides a platform that enables innovators to “ask about the legal framework applicable to their companies.”
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