Law firm gunnercooke has assisted the Financial Services Commission, Mauritius (FSC Mauritius) with the drafting and development of the subsidiary legislation and supporting rules under the Virtual Asset and Initial Token Offering Services Act (VAITOS) 2021.
gunnercooke has built up one of the leading FinTech and Cryptoasset full-service practices with experts in the UK and Germany, including James Burnie FRSA and Wolfgang Richter. Burnie hosts the firm’s Crypto Cast podcast, a leading source of industry news, featuring guests from Ziglu, The Law Commission, Copper and Nickel Digital Asset Management.
James commented “It has been an honour to work with the FSC Mauritius to develop a clear and robust framework for virtual assets. Embracing innovation whilst protecting consumers and ensuring market integrity is a fine balancing act, and we are delighted to have contributed to this project. It is an exciting time for the blockchain and crypto industry, and having supporting regulators such as the FSC Mauritius will be vital for its success.”
gunnercooke is a full-service commercial professional services firm, founded to change the way legal services are delivered to clients and how lawyers balance their lives. The firm’s innovative model sees 332 partners with a minimum 10,000 hours practising experience becoming trusted advisers to their clients, providing certainty of price and delivering the best quality advice. The firm has 11 offices across the UK and Germany.