The Moroccan Capital Market Authority (AMMC), the regulatory body for capital markets in Morocco, recently announced the launch of a fintech portal on its website. The new portal was created to facilitate exchanges between the regulator and “companies involved in the innovative financial technology sector”.
Portal to help promote the development of new technologies
Morocco’s capital market regulator, the Moroccan Capital Markets Authority (AMMC), recently announced the launch of a new fintech portal on its website. The objective of the new portal is “to support market players in their projects and to promote the development of new technologies that will help transform the financial sector”.
According to a statementthe AMMC’s creation of the fintech portal signals the regulator’s desire to embrace innovations within the financial services sector.
“For the Moroccan Capital Market Authority, supporting the attractiveness of the capital market also means embracing innovation in the financial industry. The Authority has placed support for innovation at the heart of its 2021-2023 strategic plan and intends to work in close collaboration with project leaders to promote the development of new technologies on the Moroccan capital market.
In addition to opening a communication channel allowing project promoters to liaise with the regulator, the press release adds that the fintech portal provides a platform for innovators to “learn about the legal framework applicable to their companies”.
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