SEYCHELLES-SECURITIES-DEALER-LICENSE

SEYCHELLES SECURITIES DEALER LICENSE

The Financial Services Authority (FSA) in Seychelles is the regulatory body responsible for overseeing the financial markets in Seychelles. One of its primary functions is to grant licenses to companies that wish to operate in the financial sector.

Under the provisions of the Seychelles Securities Act 2007, the FSA has the authority to issue licenses to investment firms, mutual funds, and other financial service providers. These licenses allow companies to provide a range of financial services, including investment advice, portfolio management, and trading in financial instruments.

To obtain a license from the FSA, companies must meet a number of requirements. These include having a registered office in Seychelles, having a minimum level of capital, and demonstrating that they have the necessary expertise and experience to operate in the financial sector. In addition, companies must comply with a range of regulations and reporting requirements.

Once a company has been granted a license, it must continue to meet these requirements in order to maintain its license. This includes submitting regular financial reports, maintaining adequate records, and undergoing regular audits by independent auditors.

The benefits of obtaining a license from the FSA are numerous. Firstly, it allows companies to operate legally in the financial sector in Seychelles, which can help to build trust and confidence with clients. Secondly, it provides companies with access to the Seychelles market, which is known for its stability and security. Finally, it demonstrates that companies have met a range of regulatory standards, which can be an important factor for investors when deciding where to place their funds.

In conclusion, licenses granted by the Financial Services Authority in Seychelles under the provisions of the Seychelles Securities Act 2007 are an important regulatory requirement for companies operating in the financial sector in Seychelles. They provide a range of benefits, including access to the Seychelles market and increased credibility with clients and investors. Companies that wish to operate in this sector should ensure that they meet the necessary requirements and comply with all regulations and reporting requirements.

 

RUPIAH PAY CAPITALS can offer as well the following services in relation to the licence application, which include:

  • Opening of operational and clients bank accounts (worldwide).
  • Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel)
  • Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation
  • Provide outsourced Compliance & AML Support services
  • Provide outsourced Risk Management services
  • Assistance with finding local premises
  • Assistance with Trademark & Brand Name registration
  • Provide in-house trainings/seminars
  • Provide Legal Opinions
  • Provide DPO & GDPR Advisory services

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