Financial Services Authority FSA
Who they are
Body corporate established by section 3 of the Financial Services Authority Act, 2013. The Authority is the regulator named in the Virtual Asset Service Providers Act, 2024 and is listed as administering the Securities Act, the Insurance Act and other financial services legislation in Schedule 1 of its Act.
What they do
Supervises and regulates licensees under the financial services legislation (s. 4(1)(a)), including the VASP Act, the Mutual Fund and Hedge Fund Act and the Seychelles Gambling Act. It may issue public statements where it can take enforcement action against a licensee or former licensee (s. 28), and its regulatory updates page carries warnings about unauthorised and fraudulent operators.
Key laws & regulations issued
Enforcement by this regulator
| Date | Entity | Action | Penalty | Source |
|---|---|---|---|---|
| 11 Aug 2026 | Bitfinity Ltd T/A BitexBit (virtual asset service provider (unlicensed)) | Licence Action Business Restriction | — | official |
| 14 Sep 2025 | GBM Global Inc. T/A BitMart (virtual asset service provider (applicant)) | Licence Action Business Restriction | — | official |
| 14 Aug 2025 | Greenline Enterprise Limited T/A Greenline (virtual asset service provider (applicant)) | Licence Action Business Restriction | — | official |
Latest news
No news tagged to this regulator yet.