Regulatory Alerts2025-07-02
Revised Circular on Submission of Annual Business Plan
The Central Bank of Seychelles extends the annual Business Plan submission deadline for all licensed financial institutions from late March to late April, effective for the 2026 reporting cycle. This revision aligns Section 3.6 with the Capital Adequacy (Amendment) Regulations 2023 while preserving all other existing provisions and enclosed submission guidelines. Institutions must submit a comprehensive three-year narrative detailing corporate structure, market conditions, risk management, and capital plans alongside prescribed pro forma balance sheets, profit and loss accounts, and cash flow statements.
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