Financial Intelligence Unit Interested in becoming a licensed Virtual Asset Service provider in Seychelles?
“The FIU is the national center for the receipt and analysis of suspicious transaction/activity reports and other information relevant to money laundering, associated predicate offences and terrorist financing; and for the dissemination of the results of that analysis’’
Are you looking to license and register as a vasp?
The Virtual Asset Service Providers Act 2024 (VASP Act) is established in response to Seychelles increased exposure to virtual asset products and virtual asset service providers. The Act provides for the introduction of a legislative framework to regulate virtual assets and virtual asset service providers. It introduces a licensing regime for specific virtual asset products and virtual asset service providers and prohibits their promotion or provision without the requisite authorization.
The Seychelles Financial Intelligence Unit (FIU) having a key role to play in safeguarding the integrity of all financial sectors including the virtual asset sector takes this opportunity to guide the virtual asset sector on its obligations to the FIU. It is important to note that the virtual asset service providers becomes a reporting entity under the AML/CFT Act 2020 as soon as the VASP Act comes into force.
Protecting Seychelles' Financial Stability and Integrity with a Robust AML/CFT Framework
Discover the key benefits of implementing a strong Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework in Seychelles.
Enhanced Security
Identify and prevent suspicious financial activities, ensuring the integrity of Seychelles’ financial sector.
Regulatory Compliance
Ensure reporting entities across sectors adhere to AML/CFT laws, promoting a transparent financial environment.
A Streamlined approach to AML/CFT: Collaborating with Reporting Entities for Compliance
Our Financial Intelligence Unit works closely with reporting entities from various sectors to identify and report suspicious financial activities. Through rigorous enforcement, we ensure full compliance with AML/CFT laws.
FIU: Responsible Agency for Beneficial Ownership Data
Discover the key benefits of implementing a strong Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework in Seychelles.
Domestic Sector
Companies and associations registered under the Registration Act must register domestically onto the BO platform.
Non-Domestic Sector
Offshore entities are the responsibility of Corporate Service Providers (CSP) to register and provide their beneficial ownership information on the foreign beneficial ownership database.
SAR/STR Reporting Platform
Beneficial Ownership Domestic Platform
Beneficial Ownership Offshore Platform
Report Suspicious Activities
And
Financial Crime
Investigation Workflow and Process
Our team of experts analyzes reported activities to identify potential financial crimes.
Monitoring and Enforcement of Compliance
We ensure that reporting entities adhere to AML/CFT laws and regulations.
Secure and Confidential Reporting Process
Your information is handled with utmost confidentiality and security.
Reporting Entities: Join our Reporting Platform
Register and report suspicious financial activities.
Beneficial Ownership Platform
Register and submit a BO report so your company, association or partnership complies with the BO Act, 2020.
Sectors under our Purview
Real Estate Agents
Dealers in Precious Stones & Metals
Accountants & Auditors
Motor Vehicle Dealers
Lawyers and Notaries
COOPERATING PARTNERS
