Regulatory Alerts2020-08-28
Added · Updated
Insurance Sub Agent Registration Guidelines
The Financial Services Authority of Seychelles issues these guidelines to establish the registration framework and operational criteria for Insurance Sub Agents. Applicants must submit completed application forms, agency agreements, and applicable fees to the Authority, which evaluates fitness and propriety within a thirty-day service standard. Registered sub agents must pay annual renewal fees, notify the Authority of material changes within seven days, and face fines or imprisonment for operating without valid registration.