Regulatory Alerts2022-01-01
Circular No. 11 of 2022 - Annual AML-CFT Compliance Form
The Financial Services Authority of Seychelles requires all reporting entities to submit an annual AML/CFT compliance form within 90 days after each calendar year. The standardized form must detail fourteen key operational areas, including institutional risk assessments, customer and enhanced due diligence, politically exposed persons, transaction statistics, identified breaches, training updates, staff changes, and supervisory requests. Non-compliance with these submission requirements will trigger relevant enforcement actions by the regulator.
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