Central Bank of Seychelles LISC Return Implementation for Commercial Banks

CENTRAL BANK OF SEYCHELLES P. O. Box 701, Victoria, Seychelles Telephone: [+248] 428 20 00 Ref: FSD/GEN/1 Fax: [+248] 432 36 65 E-mail: enquiries@cbs.sc Date: December 30, 2025 To All Commercial Banks Regulatory Reporting on Loan and Investment Portfolios, Sustainable Funding, and Climate Related Risk Events & Stress Testing – LISC Return The Central Bank of Seychelles (CBS) hereby advises all commercial banks of the implementation and commencement of reporting of the LISC Return, as enclosed. The LISC Return is being introduced as part of the CBS’ efforts in strengthening supervisory monitoring of climate-related risks. Accordingly, all commercial banks are required to implement the necessary internal systems, processes and controls to ensure the accurate and timely compilation and submission of the LISC Return. The LISC Return is to be submitted to the CBS within 15 days after the end of each month, starting with January 2026 data, in accordance with the requirements articulated in the accompanying Guidelines on Loan and Investment Portfolios, Sustainable Funding, Climate Related Risk Events and Stress Testing. The CBS expects all commercial banks to take all reasonable steps to ensure data integrity, internal validation, and appropriate management oversight over the reporting process. Any material challenges affecting implementation or reporting readiness should be communicated to the CBS at the earliest opportunity. Cognisant that part of the LISC Return mirrors the current LP Return, the CBS will assess progress of the implementation of the LISC Return and thereafter communicate on the cessation of the LP Return to avoid duplication of efforts in regulatory reporting. In that regard, all commercial banks shall commence reporting on the Investment and Loan Portfolios with the largest exposures above SCR150,000.00, and report on 25 facilities every month, based on the size of the commercial bank’s aggregate exposure, by the end of every month. After the first three (3) months of compilation, the CBS shall, in discussion with the commercial banks, assess the compilation methodology whereby consideration shall be given to extend the number of facilities to 50 per month, until all exposures are effectively captured by each commercial bank.

All commercial banks will compile and submit the additional four (4) returns, that is, the Sustainable Funding, Physical Risk Impact During Reporting Quarter, Update on Physical Risk Events During Previous Periods, and Stress Testing, on a quarterly basis, with submission being on the last working day of the respective quarter. The completed LISC Return should be submitted electronically to the Micro-Prudential Supervision Section of the Financial Surveillance Division at fsdreturns@cbs.sc, within the prescribed submission deadline. The CBS appreciates your continued cooperation and commitment to strengthening the robustness and transparency of the supervisory reporting framework, and trusts in your adherence to the reporting obligations. Yours faithfully, B. Commettant (Mr.) First Deputy Governor