FSA

The FSA’s main objectives are to:

1. Promote the development, fairness, efficiency, and transparency of the non-bank financial services sector in Seychelles.
2. Protect the interests of investors, policyholders, and other stakeholders in the non-bank financial services sector.
3. Ensure compliance with international standards and best practices in the regulation and supervision of the non-bank financial services sector.
4. Prevent money laundering, terrorist financing, and other financial crimes in the non-bank financial services sector.5. Promote the reputation and integrity of Seychelles as an international financial center.To achieve these objectives, the FSA has the power to issue licenses, conduct inspections and investigations, impose sanctions and penalties for non-compliance, and collaborate with domestic and international regulatory authorities.

The FSA operates under a board of directors, which is responsible for setting the strategic direction and policies of the Authority. The board consists of a chairman, deputy chairman, and other members appointed by the President of Seychelles.

The FSA works closely with other regulatory bodies, such as the Central Bank of Seychelles, the Seychelles Revenue Commission, and the Financial Intelligence Unit, to ensure the overall stability and integrity of the financial system in Seychelles.

Overall, the FSA plays a crucial role in promoting the growth and development of the non-bank financial services sector in Seychelles while ensuring the protection of investors and stakeholders.

FSA Seychelles

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