Regulatory Alerts2025-05-27
Securities Facilities Application Guidelines
The Seychelles Financial Services Authority issued these guidelines to standardize the application process and licensing criteria for companies seeking to operate as securities facilities under the Securities Act, 2007. Applicants must submit a comprehensive documentation package, including constitutional papers, audited financial statements, compliance and anti-money laundering manuals, alongside a US$4,000 application fee. The Authority evaluates fitness and propriety, financial capacity, and operational competence within a six-month service standard before granting or suspending licences subject to ongoing compliance and annual US$8,000 fees.
Share