The Seychelles Financial Services Authority published a public alert on the entity operating under the name Coral Trust Services, warning that it appears to be promoting services that require a licence under the International Corporate Services Act without holding one. Based on information available in the public domain, the FSA identified Coral Trust Services’ website as promoting licensable services and confirmed that the entity does not hold, and has never been granted, any licence under the International Corporate Services Act or any other legislation administered by the FSA. The authority urged investors and the public to exercise caution when dealing with Coral Trust Services or its associated website.
Seychelles Financial Services Authority 2025-07-29
Seychelles Financial Services Authority issues alert warning Coral Trust Services appears to offer licensable corporate services without a licence
The Seychelles Financial Services Authority issued a public alert regarding Coral Trust Services, which is promoting services requiring a licence under the International Corporate Services Act without possessing one. The FSA confirmed that Coral Trust Services has never been licensed under any legislation it administers and advised caution when engaging with the entity or its website.