The Financial Services Authority (FSA) of Seychelles is the regulatory body overseeing the non-bank financial services sector in Seychelles. Established under the Financial Services Authority Act of 2013, the FSA aims to license, regulate, and supervise non-bank financial services to ensure integrity, transparency, and efficiency within the sector.
Key Functions and Responsibilities
- Regulation and Supervision: The FSA supervises a range of financial activities including fiduciary services, capital markets, collective investment schemes, insurance, gambling, hire purchase, and credit sales. It also manages the registration of International Business Companies, foundations, limited partnerships, and trusts.
- Consumer Protection: The FSA is committed to protecting consumers by enforcing compliance and ensuring that financial services are conducted responsibly.
- Market Integrity: The FSA promotes market integrity by taking action against unauthorized financial services and financial crimes, including money laundering and fraud.
