End of grandfathering provision for companies with special licences and other licensees
The Seychelles Financial Services Authority (FSA) issued a circular on 30 June 2021 (Circular No. 17 of 2021) to remind licensees of the cessation of the grandfathering provision for the following entities as from 1 July 2021:...
Memorandum of Understanding signed between SRC & SIS
As part of a collective effort to reinforce an already existing working relationship, and by virtue of the nature of their services, the Seychelles Revenue Commission (SRC) and the Seychelles Intelligence Service (SIS) have signed a Memorandum of Understanding (MoU) on 7 May 2021.
Seychelles and Angola secure two bilateral agreements and set to sign a bilateral air services agreement in September
In an effort to revive the prevailing diplomatic relation established between Seychelles and Angola in the 1980s, the two countries have signed two bilateral agreements in June 2021, set to widen the scope of cooperation across common areas of interests.
Fitch Ratings, award-winning credit rating agency, has affirmed the Seychelles’ Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook.
In June 2021, the National Assembly of Seychelles approved the ratification of the agreement establishing the African Continental Free Trade Area (AfCFTA), which was initially signed in March 2018.
Signing of an agreement to start African Trade Observatory project in Seychelles
The Seychelles government signed an agreement with the International Trade Centre (ITC) early in July 2021, with the objective of implementing the African Trade Observatory (ATO) project in the island.
Global Mobility Report 2021 (3rd Quarter): Seychelles takes topmost position in Africa
Seychelles ranks at the 28th position globally on the third quarterly report of the Global Mobility Report 2021 (the “Report”). The country offers visa-free access to 152 countries and boasts the highest ranking in Africa, followed closely by Mauritius (31st).
World’s first 'digital species' for conservation comes from Seychelles
The launch of the Digital Nature Collectible project in July 2021 saw the digital version of the island’s Magpie-robin, a non-fungible token, being put up for sale as a limited edition in an effort from concerned parties to raise funds that will be used towards the protection of Seychelles’ wildlife.
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