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The FSA Seychelles has issued the latest Code of Corporate Governance (‘Code’) which lays down the framework for transparent corporate governance systems, supporting long term economic growth.

Effective date: The Code will become effective as from 1st of January 2026.

Main principles as outlined in the Code:

  • Independent, effective boards.
  • Transparent corporate reporting.
  • Robust risk oversight.
  • Ethical corporate culture.
  • Performance-driven remuneration.
  • independent and effective internal and external audit.

Reporting: Licensees are required to submit Annex 1 of the Code by the 31st of December every year.

Licensees are urged to familiarize themselves with the full Code to ensure proper implementation and ongoing compliance.