Mr. Richard Rampal was appointed Director of FIU on March 1, 2019. Mr. Rampal holds a Bachelor’s Degree in Economic and Social Sciences from the University of Manchester, and has completed 10 years’ service in the financial services sector, including the former Seychelles International Business Authority, and the present Financial Services Authority, where he has been the Director of Fiduciary Services since February 2017. He has played a key role in the development of the regulatory and supervisory oversight of the non-bank financial services. He is also a member of the National Anti-Money Laundering Committee spearheading the progress of Seychelles’ compliance with requirements of the Financial Action Task Force (“FATF”).
Message from the Director
It is evident that criminals use ever developing and diverse methods to launder money and/or to support acts of terrorism and proliferation financing. In line with our statutory function, which is to assist in the detection, prevention and deterrence of money laundering, the FIU is fully committed to ensuring that it plays its role pro-actively and that appropriate measures and mechanisms are put in place to safeguard the Seychelles’ Financial Systems from threats of Money Laundering, Financing of Terrorism and Proliferation Financing. I have confidence in my team, and with the support of our key stakeholders, both from the public and private sector, we will be able to tackle the challenges that global money laundering, terrorism financing, and proliferation financing poses to our domestic economy and the financial integrity of Seychelles.