Revised Circular on Reporting Requirements Under the Risk-Based Supervision Framework

CENTRAL BANK OF SEYCHELLES
P. O. Box 701, Victoria, Seychelles
Telephone: [+248] 428 20 00 Ref: FSD/GEN/1
Fax: [+248] 432 36 65
E-mail: enquiries@cbs.sc Date: January 16, 2026 To All Commercial Banks, Development Bank of Seychelles, the Seychelles Credit Union, the Housing Finance Company Limited, Payment Service Providers and Bureau De Change Revision to Reporting Requirements pertaining to Circular “Risk-Based Supervision (RBS) Framework.” Reference is made to the above-mentioned circular which was issued by the Central Bank of Seychelles (CBS) on November 5, 2021. Following recent refinements to the RBS framework and internal assessment processes, a review of the associated reporting requirements has been undertaken. In this regard, and in line with CBS’ objective of ensuring proportionality, CBS has decided to discontinue the quarterly submission of the Data Collection Template (DCT). Accordingly, the submission of the DCT is no longer a reporting requirement. Please note that this revised guidance is effective with immediate effect and applicable to reporting requirements from January 2026 (i.e. with respect to DCT for the quarter ending December 31, 2025, and due on January 25, 2026). Please note all other reporting requirements within the circular remain unchanged. CBS trusts in your continued cooperation. Yours sincerely, B. Commettant (Mr.) First Deputy Governor