Regulatory Alerts2025-05-27
Added · Updated
Clearing Agency Application Guidelines
The Financial Services Authority of Seychelles issues these guidelines to standardize the application process for Clearing Agency Licences under the Securities Act, 2007. Applicants must submit a comprehensive package of constitutional documents, financial statements, operational manuals, and a US$4,000 fee to initiate a review that typically concludes within six months. Upon approval, licensees must maintain fitness and propriety standards, pay an annual US$8,000 fee, appoint a compliance officer and auditor, and adhere to strict reporting and renewal obligations.
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