Regulatory Alerts2024-09-10
Added · Updated
Circular No. 5 of 2024 – Proof of Physical Place of Business and Office Criteria
The Financial Services Authority amended Section 4.1(j) and Paragraph 7 of the Securities Dealer Application Guidelines to clarify proof requirements for physical offices in Seychelles. The updated criteria mandate fully furnished, hazard-free premises equipped with working telecommunications, stable internet, computers, designated record storage, and staff facilities. Applicants must submit complete documentation satisfying these infrastructure standards, or the Authority reserves the right to reject or withhold processing their licenses.
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