SeychellesFSACircularNo.1of2026–AML/CFTRiskAssessmentsforNewProducts,PracticesandTechnologies

 [Licensing](https://deneopartners.com/category/licensing/) # Seychelles FSA Circular No. 1 of 2026 – AML/CFT Risk Assessments for New Products, Practices and Technologies By [Christina Panayi](https://deneopartners.com/author/c-panayi/)[No Comments](https://deneopartners.com/fsa-seychelles-c7_2004-transitional-period-under-the-vasp-act/#respond) The Financial Services Authority (FSA) of Seychelles has issued Circular No. 1 of 2026 to remind all reporting entities (including securities dealers) on the obligation to identify, assess, and mitigate money laundering and terrorist financing risks _before_ introducing: - New products or services - New business practices - New or developing technologies (including for existing products) Under Section 32 of the AML/CFT Act, risk assessments must be documented, risk-based, and available to the FSA upon request, taking into account customer profiles, delivery channels, transaction types, geographic exposure, and technological developments. Notably, where no new products or technologies have been introduced, this must be explicitly stated in the institutional risk assessment. **Cyprus:** 160 Archiepiskopou Makariou III Avenue, First Floor, 3026, Limassol, Cyprus Tel: +357 25249700 **Seychelles:** CT House, Office No. 9A, Providence, Mahé, Seychelles Tel: +248 4373840 **Mauritius:** Level 1, IconEbene 1, Reduit Road, Cybercity, Ebene. 72201, Mauritius Tel: +230 4686698 **Dubai:** 91 Sheikh Zayed Rd, Al Saqr Business Tower, Office 9, 29th Floor, Dubai, UAE Tel: +971 508231788 **OUR SERVICES** [Global Licensing](https://deneopartners.com/global-licensing/) [Compliance Services](https://deneopartners.com/compliance/) [Accounting, Audit, Tax](https://deneopartners.com/accounting-audit-tax/) [Legal & Corporate](https://deneopartners.com/legal-corporate/) [Advisory](https://deneopartners.com/advisory/) [Banking](https://deneopartners.com/banking/) ©2026 Deneo Partners \| [Privacy Policy](https://deneopartners.com/privacy-policy/) \| Powered by [Viral](https://viral.cy/) [Share](https://deneopartners.com/fsa-seychelles-c7_2004-transitional-period-under-the-vasp-act/#) [Share](https://deneopartners.com/fsa-seychelles-c7_2004-transitional-period-under-the-vasp-act/# "Share this") [Share](https://deneopartners.com/fsa-seychelles-c7_2004-transitional-period-under-the-vasp-act/# "Share this") [Share](https://deneopartners.com/fsa-seychelles-c7_2004-transitional-period-under-the-vasp-act/# "Share this") [Pin](https://deneopartners.com/fsa-seychelles-c7_2004-transitional-period-under-the-vasp-act/# "Pin this") [Close Menu](https://deneopartners.com/fsa-seychelles-c7_2004-transitional-period-under-the-vasp-act/#) We use cookies to ensure that we give you the best experience. [Read more.](https://deneopartners.com/privacy-policy/) ACCEPT Manage consent Close #### Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the ... Necessary Necessary Always Enabled Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Non-necessary Non-necessary Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website. SAVE & ACCEPT