Regulatory Alerts2026-01-15
Fund Administrator and Approved Foreign Administrator Application Guidelines
Issued by the Financial Services Authority of Seychelles, these guidelines establish the application and licensing framework for Fund Administrators under the Mutual Fund and Hedge Fund Act, 2008. The document outlines three licence categories, details mandatory documentation and fee structures, and specifies a structured administrative review process with defined service standards of thirty working days to two months. It further clarifies compliance officer appointments, exemption criteria for foreign administrators conducting business outside Seychelles, and substantial activity requirements governing applicable business tax concessions.
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