Skip to main content

Seychelles

Outsourced Compliance Services

You can now outsource your Compliance and AML Officer function to approved persons of Deneo Partners (Seychelles).

As per the Code on Outsourcing of Compliance Function, the compliance officer of a Securities Dealer licensee needs to be located in Seychelles and meet certain requirements.

It is a requirement by the Seychelles Financial Services Authority (FSA) for all Securities Dealer License applicants and licensees to employ a local, experienced Compliance and Money Laundering Officer or locally outsource the Compliance function to an outsourced service provider approved by the FSA.

Our competent and experience Compliance Officers have been evaluated and approved by the FSA to provide services relating to the Compliance Function to licensees under the Securities Act, 2007 and the Mutual Fund and Hedge Fund Act, 2008.

Deneo Partners can appoint an Outsourced Compliance Officer approved by the FSA.

Some of the functions to be offered by the Outsourced Compliance Officer:

  • Ensure compliance with local laws, regulations and directives
  • Oversee the implementation of the internal policies and procedures
  • Be the liaison and communicate with regulatory bodies
  • Ensure all reporting deadlines are met and relevant reports are submitted to the regulator or any other competent authority
  • Provide compliance and AML advice
  • Disclose to the Licensee any development that may have a material impact on its ability to carry out the outsourced functions effectively and in compliance with applicable laws and regulatory requirements
  • Cooperate with the Regulator and any other relevant competent authority in connection with the outsourced activities

Request more information