2007-01-01
The Securities Authority of Seychelles establishes a comprehensive regulatory framework governing securities exchanges, clearing agencies, and licensed market participants. The legislation mandates licensing, continuous supervision, and strict conduct standards for securities dealers, investment advisors, and representatives while enforcing transparent public offers and corporate disclosures. It grants the Authority robust inspection, investigation, and disciplinary powers to combat insider dealing, market manipulation, and fraudulent practices, thereby safeguarding investor interests and fostering capital market development.