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.

Risk Assessment for Accountants, Auditors & Tax Advisers

The FIU wishes to inform accountants, auditors, and tax advisers that the 2026 Risk Assessment Questionnaire (RAQ) is now available for completion. The submission deadline is Monday, 8 June 2026. Reporting entities are encouraged to ensure timely and accurate submission of the RAQ. A Guidance Manual on the Completion and Submission of the RAQ for the Accounting Sector is also available to assist with the process.

Guidance Manual

The Risk Assessment Questionnaire (RAQ) is issued by the FIU for AML/CFT supervisory purposes and supports risk-based supervision, including sectoral and entity-level risk assessment, desk-based review, supervisory planning, and follow-up requests for clarification or supporting documentation.

Through completion of the RAQ, reporting entities assist the FIU in maintaining an up-to-date understanding of ML/TF risks and control effectiveness, and in delivering risk-sensitive supervision that is effective, proportionate, and consistent with statutory requirements.

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.