“Seychelles has made progress in addressing the technical compliance shortcomings identified in the MER and the first FUR for the following Recommendations:
- Recommendation 1 has been re-rated to C
- Recommendation 26 has been re-rated to LC
- Recommendation 29 has been re-rated to LC
Seychelles will remain in enhanced follow-up and will continue to inform the ESAAMLG of the progress made in improving and implementing its AML/CFT measures.”
In August 2022, the EU Global Facility team conducted a scoping mission to the country in order to assess, in collaboration with local authorities, the potential for technical assistance with regards to AML/CFT.