Mauritius continues to strengthen its position as a reputable international financial centre through an increasingly robust Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework. As the jurisdiction aligns more closely with Financial Action Task...
The Internal Audit Function forms an important part of the governance and internal control framework of Cyprus regulated firms. Both the Cyprus Securities and Exchange Commission (“CySEC”) and the Central Bank of Cyprus (“CBC”) require regulated entities to maintain an...
Seychelles remains a popular jurisdiction for forex brokers, CFD providers and generally international financial groups seeking a regulated and commercially practical licensing framework. A Securities Dealer Licence, issued by the Financial Services Authority (FSA) Seychelles,...
For Cyprus Investment Firms (CIFs), compliance is often treated as a reporting requirement. In reality, CySEC’s expectations extend well beyond the preparation of annual reports or the maintenance of policies. The regulator’s focus is increasingly directed toward whether firms...
The introduction of the Data Protection Act, 2023 in Seychelles marks a significant step toward strengthening data privacy and regulatory compliance across the financial services sector. For Securities Dealers, the Act brings increased scrutiny on how personal data is...
On 18 April 2026, Mauritius introduced a significant legislative reform with the enactment of the Anti-Money Laundering, Combatting the Financing of Terrorism and Countering Proliferation Financing (Miscellaneous Provisions) Act 2026 (“AMLA 2026”). This landmark legislation...
The Seychelles Code of Corporate Governance is now in force and should be a priority area of focus for all affected FSA-regulated entities. Issued by the Financial Services Authority of Seychelles, the Code provides a formal governance framework intended to strengthen board...