The Central Bank of Seychelles, the Financial Intelligence Unit and the Financial Services Authority have signed a joint anti-money laundering and countering the financing of terrorism (AML/CFT) Enforcement Policy to reinforce the Seychelles AML/CFT supervisory framework and promote compliance by regulated entities. The policy sets guiding principles intended to make enforcement fair, consistent and effective, and provides a structured approach for the three supervisors when entities under their supervision fail to meet AML/CFT obligations. It is intended to promote and sustain compliance with the AML/CFT Act, support voluntary compliance with the Prevention of Terrorism Act 2004 and related regulations, align supervisory approaches with the risk-based approach and established international standards, and improve consistency in the exercise of enforcement powers and selection of enforcement responses. The heads of the three authorities signed the policy at a ceremony on 18 September 2025, witnessed by members of the National AML/CFT Committee.
Central Bank of Seychelles 2025-09-24
Central Bank of Seychelles, Financial Intelligence Unit and Financial Services Authority sign joint AML/CFT enforcement policy
The Central Bank of Seychelles, Financial Intelligence Unit, and Financial Services Authority have signed a joint anti-money laundering and countering the financing of terrorism (AML/CFT) Enforcement Policy to enhance the Seychelles AML/CFT supervisory framework. The policy ensures fair, consistent, and effective enforcement, aligning with international standards and promoting compliance with relevant legislation. The signing ceremony on 18 September 2025 was attended by the National AML/CFT Committee.