State House

Office of the President of The Republic of Seychelles

News

President Assents to Legislation

President Danny Faure has signed into law a series of bills passed by the National Assembly aimed at further enhancing governance and transparency in the financial sector, and making Seychelles compliant with the international financial governance framework.

The President also assented to two Bills which provide additional leeway to financial regulating institutions in responding effectively to situations of force majeure, such as the global COVID-19 pandemic.

The following Bills, which were approved by the National Assembly on 25th and 27th March 2020, were received by the President yesterday, 6th April 2020, for his assent. 

  • Financial Institutions (Amendment) Act, 2020
  • Securities (Amendment) Act, 2020
  • Limited Partnerships (Amendment) Act 2020
  • Anti-Corruption (Amendment) Act 2020
  • International Business Companies (Amendment) Act 2020
  • Foundations (Amendment) Act 2020
  • Financial Services (Amendment) Act 2020
  • Central Bank of Seychelles (Amendment) Act 2020
  • Financial Institutions (Second Amendment) Act 2020

He assented to all the Bills on the 6th April 2020