Posted on its website
The Moroccan Capital Markets Authority (AMMC) reiterates its support for players in the “Fintech” field. A special portal is now online on the AMMC website. The aim is to support operators in the sector in their projects and promote the development of new technologies that contribute to the digital transformation of the financial sector.
“For the Moroccan Capital Market Authority, supporting the attractiveness of the capital market also means opening it up to innovations in the financial industry. The Authority thus places support for innovation at the heart of its 2021-2023 strategic plan and intends to assist project leaders in order to promote the development of new technologies in the Moroccan capital market”, specifies the AMMC in its communicated.
And to specify that “this tool was thus designed to facilitate dialogue between the AMMC and companies active in the innovative financial technology sector”. Indeed, this point of contact (https ://www.ammc.ma/ fr/fintech) will allow all stakeholders who may be affected by the Fintech sector to discuss their projects with the Authority as well as the legal and regulatory framework applicable to them. It is thus intended to be an exchange gateway that will allow easier contact with companies active in the innovative financial technology sector.
These are either new entities or established entities, which provide innovative processes, products or services in the financial sector in Morocco. It should be noted that the players in the ecosystem concerned are start-ups specializing in the field of digital finance, private or public organizations such as incubators and accelerators, associations representing Fintech and other professional associations linked to the financial sector. which deals with related matters.
As a reminder, the International Organization of Securities Commissions defines “Fintech” (financial technologies) as a term used to describe a variety of innovative business models and emerging technologies with the potential to transform the financial services industry.
