It is no secret to anyone how the financial markets have been changing and evolving today. It has become a new, dynamic, changing world and more today where the current situation of confinement has led us to work, make decisions and invest, and carry out all our activities from home and online, all thanks to the internet that greatly facilitates this process.
So it is of utmost importance to ask where? How? And when? We want to make our investments.
In this article, you will find the arguments for those who are looking for the Where? And they want to invest, and they also need to know about the many benefits that will show you that Seychelles brokers have beneficial trading conditions for Forex traders.
Seychelles can become an interesting option as you will find various types of mutual funds in this jurisdiction; these include private or equity funds and professionals. The foregoing is governed by the Seychelles Law on Mutual Funds and Free Investment of 2007 and is empowered by the Local Financial Services Authority.
The Seychelles Financial Services Authority functions as the autonomous regulatory body responsible for non-bank financial services in Seychelles. They are very flexible systems, established under the Financial Services Authority Law of 2013; this law allows the management of this type of funds to be carried out by an authorized administrator in Seychelles or a foreign jurisdiction, as long as this body is well recognized by legislation. Said Authority is responsible for licensing, regulating, enforcing regulatory and compliance requirements, monitoring, and supervising the business conduct in the non-bank financial services sector in Seychelles. These regulated activities are fiduciary services, capital markets, and collective investment schemes, insurance, games of chance, among others.
In accordance with the law, these recognized jurisdictions are: Austria, Australia, Belgium, Bahamas, Bahrain, Bermuda, British Virgin Islands, Canada, Cayman Islands, Cyprus, Denmark, France, Germany, Gibraltar, Guernsey, Netherlands, Hong Kong, Isle of Man, Ireland, Japan, Jersey, Luxembourg, Malaysia (including Labuan), Mauritius, New Zealand, Singapore, South Africa, Switzerland, United Arab Emirates, United Kingdom, and United States of America.
The FSA is mandated by the Financial Services Act of 2013, among other things:
-
-
- Supervise, monitor, and regulate licensees in accordance with this law and the financial services legislation; and other financial services businesses conducted in or from Seychelles.
- Administer the registration legislation;
- Develop appropriate legal, regulatory, and supervisory mechanisms for the efficient and effective administration of the Authority and financial services legislation.
- Adopt the measures that are necessary to adequately inform and educate the general public on its functions and matters related to or affecting any financial services business;
- Take action against people doing unauthorized financial services business in Seychelles
-
Therefore if you want to invest in Seychelles and use the means that are regulated and legalized you can get:
-
-
- Integrity, surveillance, and professionalism: They believe that the highest level of integrity, vigilance, and professionalism are the cornerstones of the financial services industry.
- Great jurisdiction reputation: They value the reputation of the Seychelles financial services industry as a fully compliant jurisdiction.
- Collective contribution: They believe in and appreciate the collective contribution of all stakeholders to the development of the financial services sector.
-
It is of absolute importance to know that the audit of Seychelles mutual fund accounts and fund managers can be carried out by duly accredited foreign auditors, including those who qualify and belong to recognized bodies in Australia, Canada, Hong Kong, Singapore, South Africa, the United Kingdom, and the United States. This benefit creates flexibility and peace of mind for both fund managers and investors who already have a relationship and is therefore endorsed by an auditing firm abroad.
One of the main benefits is that foreign fund managers and investors can operate in Seychelles; this brings new investors opening.
It is necessary to take into account the time zone of the Seychelles islands, GMT + 4, extends from Europe to Africa and Asia, making Seychelles an ideal place from which management, consulting, and management services can be offered and provided. Support, for structures, focused on the AMEA zone (Asia, Middle East and Africa). Which can be considered as a business opportunity.
Investments, everything related to trade and business projects, in general, can be established in Seychelles, managed and maintained very competitively at a considerably lower cost than in the Cayman Islands and other countries where these costs are high.
In conclusion, we can determine from the above that Seychelles offers an attractive global proposal for all types of investments.
