It's a paddock stand, yes? Have you ever seen a racebike with a mudguard and EU compliant license plate?
But, luckily, mudguards are mostly plastic, and flexible plastic at that. You push the mudguard in or to the side a little and the stand engages the bobbins w/o a problem. I will be the first one to admit it's not nearly as convenient a stand with a side mounted handle (especially those that point forward, that also make it easier to balance the bike while you are lifting it), but it's not that difficult.
Not as easy as a centerstand would have been, though...