Regulatory Alerts2012-11-27
Central Bank of Seychelles (Credit Information System) Regulations, 2012
The Central Bank of Seychelles issued these 2012 regulations to establish a formal Credit Information System governing how licensed banks and participating institutions collect, report, and manage credit data. The framework defines key operational terms such as applicants, business days, and business continuity plans while mandating standardized credit facility reporting to enhance financial transparency. Coming into force on 30 March 2012 under the Central Bank of Seychelles Act, 2004, these rules standardize credit risk assessment and data sharing across the national banking sector.
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