MAFH OPEN VIRTUAL FORUM: Discussing 2021 FinTech Budget Recommendations

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This was a dedicated session held on the 27th of April, led by MAFH’s CEO, Michal Szymanski, and Head of Regulations, Yusuf Bauluck, giving an overview of events leading to budget recommendations. The topics of discussion are laid out as follows:

  • Setting the scene (where we were, where we are now and where we are heading from a regulatory perspective)
  • How to do digital banking business? – How to achieve open banking?
  • Exploring business facilitation measures




Michal Szymanski I CEO @ MAFH

Michal was in the teaching profession before being head hunted to join one of the leading incubators in South Africa. He has personally interviewed, worked with, mentored over 6000 entrepreneurs from idea stage to established businesses. He has run his own businesses and was a guest speaker around SMME development for many corporates across numerous industries. Michal was part of a team that successfully developed and executed B-BBEE (economic empowerment) strategies for multinational and listed companies in South Africa. As Head of Incubation for the oldest technology hub in Africa, he worked in clusters of innovations such as Fintech, EdTech, BioTech etc., having launched some of Africa’s first dedicated entrepreneurial development programmes in some of the clusters. Michal joined the board of the WHEAT Trust in 2017, an organisation dedicated to upskilling and uplifting disadvantaged women, through skills and entrepreneurial development.

Yusuf Bauluck I Head of Regulations @ MAFH

Yusuf was admitted to the Bar of England and Wales and in Mauritius. While in the UK, he worked as a contract lawyer at UK and US law firms, and as in-house counsel for the EMEA region at a Software as a Service (SaaS) provider in London. He is passionate about technology and how it can be applied to improve life. Since his relocation to Mauritius, he has been advising local and international clients on corporate, commercial and regulatory matters. He is eager to deliver practical solutions which advance the FinTech industry and benefit our members through regulatory support.