Seychelles gains FATF upgrade |28 May 2026

Seychelles gains FATF upgrade

On May 14, 2026, the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) published the 13th Enhanced Follow-Up Report & 6th Technical Compliance Re-Rating of Seychelles (the Report), concluding Seychelles to be Largely Compliant with Financial Action Task Force (FATF) Recommendation 15 which relates to New Technologies. 

The Report was discussed and approved at the 51st ESAAMLG Task Force of Senior Officials Meeting which was held in Arusha, Tanzania in March 2026, and assesses the progress made by Seychelles to address technical compliance deficiencies related to its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework. 

FATF Recommendation 15, against which Seychelles has been re-rated to Largely Compliant, mandates that countries and financial To continue reading, please click here to subscribe to Seychelles NATION’s e copy