By Selma Valentin Financial Services Supervision Division Central Bank of Seychelles
|
|
- Josephine Atkinson
- 6 years ago
- Views:
Transcription
1 By Selma Valentin Financial Services Supervision Division Central Bank of Seychelles
2 Introduction General facts on Seychelles Role of the Central Bank of Seychelles Seychelles economy before the economic reform program Changes brought about by the economic reform program Current challenges
3 Seychelles Facts Population: 89, 770 (2010 figure) Area: 455 sq km Number of Islands: 115 Official languages: Creole, English and French Capital City: Victoria GDP: $1,084 million (2011) Economic sectors: Tourism, Fishing, Agriculture, Financial Services Major trade partners for exports: United Kingdom, France, Italy, United States, and Germany Major trade partners for imports: United Arab Emirates, Spain, South Africa, France, and Singapore 2 World Heritage Sites
4
5 Central Bank of Seychelles Autonomous under the CBS Act 2004 Regulatory body for banking and non-banking financial services Supervises the financial sector via: The Financial Institution Act 2004 The Insurance Act 2008 Financial Institutions (application of Act) Order 2009
6 Objectives The main objectives of Central Bank of Seychelles are: a) to promote price stability; b) to maintain sound financial system The CBS also advises the Government on banking, monetary and financial matters and in particular on the monetary implications of proposed fiscal policies or operations of the Government
7 FUNCTIONS promoting and developing Seychelles as a centre for carrying on of financial services; to monitor, supervise and co-ordinate the conduct of the financial services from within Seychelles; providing, and within the framework of local legislation and laws, appropriate supervision and regulation of the conduct of banking non banking financial services; formulating appropriate policies, and providing advice and assistance on the regulation of banking non banking financial services; to regulate and administer the insurance
8 Divisions of Central Bank of Seychelles Administration Division Research and Statistics Division Banking Services Banking Public debt Payment Systems Financial Markets Division Financial Services Supervision Division Licensing and regulating and supervision of Financial Institutions, which include commercial banks, bureaux de change, insurance businesses as well as other microfinance institution.
9 Supervision Division FSSD Banking Supervision and Foreign Exchange section Insurance section Banks Bureaux de Change Credit Union Housing Finance Insurers Intermediaries
10 Financial Services Supervision Division Setup of the Division: Head of Division Director Financial Services Analyst (12) Financial Services analyst Assistants (8) Secretary
11 Institutions Supervised by BS & FX Section Domestic Banks Offshore Banks Microfinance Institutions Bureaux de change Other Non deposit taking Institutions
12 Activities of the FSSD Licensing, regulation and supervised of Financial Institutions On-site and off-site supervision Administration of prudential requirements for the banking sector Complaints handling Drafting of Regulations Analysis of Financial Institutions on demand
13 Insurance Section Supervised Insurance companies and intermediaries through the Insurance Act 2008 Two Domestic Insurers SACL, Harry Savy Insurance Two offshore Insurers One offshore Captive 9 Brokers 47 Agents
14 SIBA An autonomous corporate Body established in 1995 under the Seychelles International Business authority Act, 1994.
15 Objectives of SIBA To monitor, supervised and co-ordinate the conduct of international business within Seychelles Promote and help develop seychelles as a Centre for carrying on of financial services Provide advice and assistance to government on matters relating to international business
16 Responsibilities Administration of: International Business Companies Act,1994 International Trust Act,1994 Companies Special License Act,2003 Limited Partnerships Act, 2003 Licensing and regulation of Corporate Service Providers Management of seychelles International Trade Zone Act,1994.
17 And Recently Mutual & Hedge Fund act 2008 Securities Act 2007
18 Seychelles economy pre-economic reform program Fixed exchange rate policy Overvalued Seychelles Rupee Limited foreign currency Parallel markets Restrictive foreign exchange controls Low external reserves Low predetermined interest rates
19 Changes brought about by the economic reform Floating exchange rate New regulations on foreign currency exposure risk However High interest rate High liquidity
20 Current challenges Human capacity building Setting up adequate policies and regulation Keeping abreast with supervisory development Financial literacy Corporate governance Lack of competition Increasing access to credit Financial Literacy Financial Tribunal
21 Challenges (cont) High lending rates State-owned institutions (DBS and HFC)
22
General Type of entity
Seychelles General Type of entity Type of law Shelf company availability Our time to establish a new company Minimum government fees (excluding taxation) Taxation on foreign income Double taxation treaty
More informationCountry report MAURITIUS
Summary Mauritius is a politically and socially stable island in the Indian Ocean. The economic diversification is limited, partly due to its size, and provides the highest vulnerability. This is mostly
More informationInvestor Country Report Mauritius
Investor Country Report Mauritius Mauritius October 2015 Contents: 1. Country Overview 2. The Mauritian Economy 3. The Mauritian Business Environment 4. The Mauritian Fiscal Regime 5. The Financial Services
More informationSri Lanka The hub of South Asia.
Sri Lanka The hub of South Asia SRI LANKA AT A GLANCE Capital (Commercial) Colombo Capital (Administrative) Sri Jayewardenepura Kotte Area 65,525 sq km Population 21,409,381 (July 2017 est.) Official Language
More informationBanking Guidance Note No. 3 Provision Of Cross-Border Services
No. 3 Provision Of Cross-Border Services Date of Paper : 31st August 2000 Amended September 2003 Amended June 2005 Version Number : 3.00 Table of Contents Introduction... 3 Background... 3 When to notify...
More informationKey Economic Data. Saudi Economy from Regional & Global Perspective. Administrative Reform to Enhance Economic Activities. Saudi Exports & Imports.
2011 Key Economic Data. Saudi Economy from Regional & Global Perspective. Administrative Reform to Enhance Economic Activities. Saudi Exports & Imports. The 2011 Saudi Budget Why Invest in Saudi Arabia?
More informationGlobal fund distribution trends: responding to the pension challenge
Global fund distribution trends: responding to the pension challenge XV International Conference of the Association of Eurasian Central Securities Depositories 29 September 2018 Tashkent Agenda Terminology
More informationBritish Columbia Securities Commission. National Instrument Continuous Disclosure and Other Exemptions Relating to Foreign Issuers
British Columbia Securities Commission National Instrument 71-102 Continuous Disclosure and Other Exemptions Relating to Foreign Issuers The British Columbia Securities Commission, considering that to
More informationFOREWORD. Mauritius. Services provided by member firms include:
2016/17 FOREWORD A country's tax regime is always a key factor for any business considering moving into new markets. What is the corporate tax rate? Are there any incentives for overseas businesses? Are
More informationSOMALI FINANCIAL STATISTICS
WORKSHOP ON DEVELOPMENT FINANCE STATISTICS 12-13 JULY 2017 ANKARA, TURKEY SOMALI FINANCIAL STATISTICS Ramla Abdulrahman Farah Directorate of National Statistics Ministry of Planning, Investment and Economic
More informationInvesting in Mozambique UK MOZAMBIQUE INVESTMENT FORUM 2010
Investing in Mozambique UK MOZAMBIQUE INVESTMENT FORUM 2010 Structure of Presentation 1. Location 2. Reasons for Good Performance 3. Investment Policies Tax System Guarantees Tax incentives Bilateral Agreement
More informationThe financial corporations sector and its subsectors
The financial corporations sector and its subsectors IFC Workshop on Developing and Improving Sectoral Financial Accounts 20-21 January 2016 Algiers, Algeria United Nations Statistics Division Outline
More informationCyprus New Double Tax Treaties Become Effective
Seize the advantage of our expertise Cyprus New Double Tax Treaties Become Effective Cyprus Double Tax Treaty (DTT) network has been expanded with four new agreements with Lithuania, Norway, Spain and
More informationOthers b Unemployed Unemployment rate percent
POPULATION Total population thousand; as of 1 March 213.2 223.3 230.8 238.4 240.0 244.8 250.0 255.5 261.0 266.0 270.1 276.0 280.6 285.1 289.5 293.7 299.0 304.9 * 309.6 * Population density persons per
More informationFATCA, an American law applied starting July 1 st, 2014 to fight offshore tax evasion by US Taxpayers
Communication on June 19 th 2014 last update: July 23 rd 2018 FATCA, an American law applied starting July 1 st, 2014 to fight offshore tax evasion by US Taxpayers Goal and legal framework of FATCA The
More informationMEMBER COUNTRY PRESENTATION By The Gambia 2 nd November 2017 Presenters:
10 th Meeting of the COMCEC Trade Working Group MEMBER COUNTRY PRESENTATION By The Gambia 2 nd November 2017 Presenters: Hassan Gaye: Director, Industry & Investment (MOTIE) Basainey Jammeh: Manager, Business
More informationOffshore Education Questionnaire Results
Executive Summary Offshore Education Questionnaire Results 140 providers 1 responded to the questionnaire 28 providers are delivering offshore education Articulation and distance delivery are the main
More informationSEYCHELLES? ITZ BACK
S e y c h e l l e s 10 Million Birds 150,000 Giant Land Tortoises 81,000 people 115 Islands 2 World Heritage Sites Hybrid (Civil/common Law)Legal System Some Performance Indicators (Source UNDP, 2002)
More informationGUIDE TO MUTUAL FUNDS IN THE BRITISH VIRGIN ISLANDS
GUIDE TO MUTUAL FUNDS IN THE BRITISH VIRGIN ISLANDS CONTENTS PREFACE 2 1. Introduction 3 2. Definition of a Mutual Fund 3 3. Investment Fund Vehicles 4 4. Application of the SIBA 4 5. Types of Funds 4
More informationCompetitivenese Strategies for Small States Case of Mauritius. Presentation by Mrs P. Rampadarath
Competitivenese Strategies for Small States Case of Mauritius Presentation by Mrs P. Rampadarath Where is Mauritius located? Government Population GDP Economic Growth (2012) FACTS ABOUT MAURITIUS Parliamentary
More informationS&P Dow Jones Disclaimer
S&P Dow Jones Disclaimer S&P Dow Jones Disclaimer: The State Street Liquid Private Equity Sector Select Investable Indices (the Index ) is the property of State Street Bank and Trust which has contracted
More informationIFA 12th Global Conference on Ageing. Health, Security and Community June 2014 HICC Hyderabad India
IFA 12th Global Conference on Ageing Health, Security and Community 10-13 June 2014 HICC Hyderabad India Poverty Alleviation and Social Integration of the Elderly The Mauritian Context Presented by Anbanaden
More informationTable 1: Foreign exchange turnover: Summary of surveys Billions of U.S. dollars. Number of business days
Table 1: Foreign exchange turnover: Summary of surveys Billions of U.S. dollars Total turnover Number of business days Average daily turnover change 1983 103.2 20 5.2 1986 191.2 20 9.6 84.6 1989 299.9
More informationUK Trade in Numbers. February 2019
UK Trade in Numbers February 2019 Disclaimer The figures used in this pocketbook are the latest at the time of publication. We include figures from monthly and quarterly publications, such as ONS Balance
More informationThe Malta Financial Services Authority
The Malta Financial Services Authority STATUS, ROLE and STRUCTURE April 2012 (www.mfsa.com.mt) Director Legal and International Relations Unit Role of Regulator a) to licence and ensure high standards
More informationThe official language is English although French is still spoken and the legal system is based upon a mixture of English and French law.
GUERNSEY FOUNDATION 1 Synopsis Guernsey is the second largest of the Channel Islands with Jersey being the largest. Guernsey lies in the English Channel off the north west coast of France. It covers 24
More informationCYPRUS COMPANIES INFORMATION
CYPRUS COMPANIES General Type of entity: Private Type of Law: Common Shelf company availability: Our time to establish a new company: 15 days Minimum government fees (excluding taxation): Not applicable
More informationApril Switzerland as a location for financial services Figures
April 2015 www.sif.admin.ch Switzerland as a location for financial services Figures 1 Economic importance of the Swiss financial centre In the past ten years, the contribution of insurance companies to
More informationTotal Imports by Volume (Gallons per Country)
6/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 04/2017 04/2018 % Change 2017 2018 % Change MEXICO 60,968,190 71,994,646 18.1 % 231,460,145 253,500,213 9.5 % NETHERLANDS 13,307,731 10,001,693
More informationTHE CAMEROONIAN BANKING AND FINANCIAL SECTOR PRESENTED BY BESONG BEN AYUK MINISTRY OF FINANCE CAMEROON
THE CAMEROONIAN BANKING AND FINANCIAL SECTOR PRESENTED BY BESONG BEN AYUK MINISTRY OF FINANCE CAMEROON 21/04/2011 12:43:16 1 PLAN OF WORK INTRODUCTION INSTITUTIONAL, REGULATORY AND LEGAL SET UP PROBLEMES
More informationTotal Imports by Volume (Gallons per Country)
4/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 02/2017 02/2018 % Change 2017 2018 % Change MEXICO 53,961,589 55,268,981 2.4 % 108,197,008 114,206,836 5.6 % NETHERLANDS 12,804,152 11,235,029
More informationIMPACT OF FINANCIAL REFORMS: EXPERIENCES IN THE EURO- MEDITERRANEAN AREA. MOHAMAD JABRI Executive Director Training and Development Department
IMPACT OF FINANCIAL REFORMS: EXPERIENCES IN THE EURO- MEDITERRANEAN AREA MOHAMAD JABRI Executive Director Training and Development Department OUTLINE A. Economic cooperation between Lebanon and the EU
More informationBriefing Pack. The Executive Board
1. T H E E X E C U T I V E B O A R D A N D I T S F U N C T I O N S On 1 January 1996, following the adoption of parallel resolutions by the United Nations General Assembly and the Conference of the Food
More information2016 Seminar for Senior Bank Supervisors from Emerging Economies. Implementation of Basel III Liquidity Requirements in Emerging Markets
2016 Seminar for Senior Bank Supervisors from Emerging Economies Implementation of Basel III Liquidity Requirements in Emerging Markets Christopher Wilson Monetary and Capital Markets Department International
More informationSole Proprietorship Partnership Society / Association / Incorporated Building Owners / Mutual Aid Committee
Hong To serve you with maximum efficiency, please refer to the details of the checklist and requirements guide below to open an account. Account Opening Checklist and Guide Standard Chartered is required
More informationSingapore Fact Sheet GENERAL INFORMATION SHARE CAPITAL
Singapore Fact Sheet GENERAL INFORMATION Company type Private Limited Company (Pte Ltd) Timeframe for company formation 3 to 5 days* Legislation Singapore Companies Act 1963 Legal system Common Law Corporate
More informationGeneral information about Jordan
Bank system in Jordan Central bank of Jordan General information about Jordan -Area: about 89.3 thousand sq. km., of which 7.8% is agricultural land -Size of the Economy: GDP for 2013 is around JD 10.8
More informationTotal Imports by Volume (Gallons per Country)
7/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 05/2017 05/2018 % Change 2017 2018 % Change MEXICO 71,166,360 74,896,922 5.2 % 302,626,505 328,397,135 8.5 % NETHERLANDS 12,039,171 13,341,929
More informationGHANA: PROSPECTS AND OPPORTUNITIES TO ACHIEVE SUCCESS
GHANA: PROSPECTS AND OPPORTUNITIES TO ACHIEVE SUCCESS A presentation to Irish Companies at the Enterprise Ireland s Opportunities in Financial Software and Services in Africa Conference. IN THIS PRESENTATION,
More informationZAMBIA: COUNTRY EXPERIENCE ON COMPILATION & PUBLICATION OF FOREIGN AFFLIATES TRADE IN SERVICES STATISTICS (FATS)
ZAMBIA: COUNTRY EXPERIENCE ON COMPILATION & PUBLICATION OF FOREIGN AFFLIATES TRADE IN SERVICES STATISTICS (FATS) By Christabel & Wilson Phiri, BoZ. SADC Workshop On Trade In Services Statistics, 27 th
More informationBRITISH VIRGIN ISLANDS MUTUAL FUNDS
BRITISH VIRGIN ISLANDS MUTUAL FUNDS This article has been prepared for the assistance of those who are considering the formation of a mutual fund in the British Virgin Islands ( BVI ). It deals in broad
More informationJurisdictions. 30 August 2018
Jurisdictions 30 August 2018 This document lists the jurisdictions in which ICE Futures Singapore is permitted to grant access to the ICE Platform. It details restrictions of which the Exchange has been
More informationTotal Imports by Volume (Gallons per Country)
10/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 08/2017 08/2018 % Change 2017 2018 % Change MEXICO 67,180,788 71,483,563 6.4 % 503,129,061 544,043,847 8.1 % NETHERLANDS 12,954,789 12,582,508
More informationTotal Imports by Volume (Gallons per Country)
11/2/2018 Imports by Volume (Gallons per Country) YTD YTD Country 09/2017 09/2018 % Change 2017 2018 % Change MEXICO 49,299,573 57,635,840 16.9 % 552,428,635 601,679,687 8.9 % NETHERLANDS 11,656,759 13,024,144
More informationTotal Imports by Volume (Gallons per Country)
12/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 10/2017 10/2018 % Change 2017 2018 % Change MEXICO 56,462,606 60,951,402 8.0 % 608,891,240 662,631,088 8.8 % NETHERLANDS 11,381,432 10,220,226
More informationSupplemental Financial Information
Quarterly Results (unaudited) The following represents the firm s unaudited quarterly results for and. These quarterly results were prepared in accordance with U.S. GAAP and reflect all adjustments that
More informationTotal Imports by Volume (Gallons per Country)
2/6/2019 Imports by Volume (Gallons per Country) YTD YTD Country 11/2017 11/2018 % Change 2017 2018 % Change MEXICO 48,959,909 54,285,392 10.9 % 657,851,150 716,916,480 9.0 % NETHERLANDS 11,903,919 10,024,814
More informationTotal Imports by Volume (Gallons per Country)
3/6/2019 Imports by Volume (Gallons per Country) YTD YTD Country 12/2017 12/2018 % Change 2017 2018 % Change MEXICO 54,169,734 56,505,154 4.3 % 712,020,884 773,421,634 8.6 % NETHERLANDS 11,037,475 8,403,018
More informationKey features. Risks. Its aims. Your commitment. Reserve Personalised Assets Capital Redemption. Reserve
Reserve Key features Reserve Personalised Assets Capital Redemption The Financial Conduct Authority is a financial services regulator. It requires us, Friends Provident International, to give you this
More informationCENTRAL BANK OF SEYCHELLES
CENTRAL BANK OF SEYCHE LLES MONTHLY REVIEW May 2013 1.0 Key Economic Developments As observed in recent months, inflationary pressures continued to ease during May 2013. However, the month also experienced
More informationINSTITUTE OF CHARTERED ACCOUNTANTS OF ZIMBABWE (ICAZ) WINTER SCHOOL 2011
INSTITUTE OF CHARTERED ACCOUNTANTS OF ZIMBABWE (ICAZ) WINTER SCHOOL 2011 The Resurgence of the Banking Sector: Are we heading Towards a Normal Banking Environment. 1 ABOUT MBCA Established in 1956 as Merchant
More informationPanama. Services provided by member firms include:
2016/17 FOREWORD A country's tax regime is always a key factor for any business considering moving into new markets. What is the corporate tax rate? Are there any incentives for overseas businesses? Are
More informationFDI in Myanmar and Its Outlook. Aung Naing Oo Director General / Secretary MIC
FDI in Myanmar and Its Outlook Aung Naing Oo Director General / Secretary MIC Outline Myanmar Nowadays Trend of Investment New Investment Law Way Forward Myanmar Nowadays Foreign Investment in Myanmar
More informationMonthly Rolling Economic Electronic Presentation August 2017
CHILE AT A GLANCE Monthly Rolling Economic Electronic Presentation August 2017 CURRENT ECONOMIC PERFORMANCE GDP GROWTH (% over same quarter previous year) 3 2,5 2 1,5 1 0,5 0 QIV 2014 QI 2015 QII 2015
More informationPeaceful Island Life. Investing in Seychelles climate smart Blue Economy
Investing in Seychelles climate smart Blue Economy Based on the Blue Economy Strategic Policy and Roadmap: Charting the Future 2018-2030 Mr. Theodore Marguerite Principal Policy Analyst For Energy and
More informationINTERNATIONAL MONETARY FUND
INTERNATIONAL MONETARY FUND Offshore Financial Centers Report on the Assessment Program and Proposal for Integration with the Financial Sector Assessment Program Supplementary Information Prepared by the
More informationCountry update MAURITIUS
Summary Mauritius open economy is very vulnerable to the eurozone crisis and the global economic slowdown. As a result of subdued external demand, a weaker tourism sector and lower sugar production, economic
More informationUK ECONOMY SITUATION & PROSPECTS
UK ECONOMY SITUATION & PROSPECTS 26 November 2013 Hermione Gough Counsellor Europe and Global Issues British Embassy Paris UNCLASSIFIED 1 The pace of recovery picked up further in Q3, with UK GDP expanding
More informationPrudential supervisors and external auditors. Marc Pickeur, CBFA Brussels, 27 October
Prudential supervisors and external auditors Marc Pickeur, CBFA Brussels, 27 October 2010 1 Disclaimer The views expressed by the speaker are entirely his own, and are not to be taken to represent those
More informationCAPITAL INCREASE RESERVED FOR EMPLOYEES
PRESS RELEASE Paris, June 6, 2008 CAPITAL INCREASE RESERVED FOR EMPLOYEES Technip will implement a capital increase in favor of Group employees and retirees pursuant to Article L.225-138-1 of the French
More informationApril Switzerland as a location for financial services Figures
April 2016 www.sif.admin.ch Switzerland as a location for financial services Figures 1 Economic importance of the Swiss financial centre Over the past ten years, the contribution of insurance companies
More informationWealth Management Services
Wealth Management Services Peruvian legal and regulatory framework April, 2011 Ricardo Haaker Ricardo.haaker@rebaza-alcazar.com 2 Peru at a Glance Population (million): 29,885,340 Area (km 2 ): 1,285,216
More informationThe Paris Club and International Debt Relief
Martin A. Weiss Analyst in International Trade and Finance December 11, 2013 CRS Report for Congress Prepared for Members and Committees of Congress Congressional Research Service 7-5700 www.crs.gov RS21482
More informationQuarterly Spanish National Accounts. Base 2008
28 November 2013 Quarterly Spanish National Accounts. Base 2008 Third quarter of 2013 Quarterly National Accounts (GDP) Latest data Year-on-year growth rate Quarter-on-quarter growth rate Third quarter
More informationWorking Party on Private Pensions
For Official Use DAFFE/AS/PEN/WD(2000)13/REV2 DAFFE/AS/PEN/WD(2000)13/REV2 For Official Use Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development
More informationMutual Recognition of Funds (MRF) between France and Hong Kong
Circular 10 July 2017 Mutual Recognition of Funds (MRF) between France and Hong Kong 1. The Securities and Futures Commission (SFC) and the Autorité des Marchés Financiers (AMF) signed a Memorandum of
More informationINVEST IN CROATIA. Agency for Investments and Competitiveness
INVEST IN CROATIA Agency for Investments and Competitiveness CROATIA: Area (sq km thousands): 56.6 Population (million): 4.17 GDP (USD, billions): 50.71 GDP growth (%): 3.0 Inflation (%): -0,1 Exports
More informationFlash Economics. The acceleration in global trade is very good for the euro zone; what accounts for it?
1 July 17 - The acceleration in global trade is very good for the euro zone; what accounts for it? Since the second half of 1, global trade in volume terms has accelerated, lifting euro-zone exports. First,
More informationCentral Bank of Seychelles MONTHLY REVIEW
Central Bank of Seychelles MONTHLY REVIEW August 214 1. Key Economic Developments The month under review saw a further decline in inflationary pressures, with the year-on-year and 12- month average rates
More informationThis "DB" Rating Indicates: Low risk
FRANCE Region : Western Europe Edition : March 2009 D&B Country Risk Indicator DB2a This "DB" Rating Indicates: Low risk Low degree of uncertainty associated with expected returns. However, country-wide
More informationSETTING UP BUSINESS IN TUNISIA
www.antea-int.com SETTING UP BUSINESS IN TUNISIA 1 General Aspects Location: Northern Africa, bordering the Mediterranean Sea, between Algeria and Libya Area: Total: 163,010 sq. Km; Land: 155,360 sq. Km;
More informationCountry Insight Snapshot United Kingdom November 2017
Country Insight Snapshot United Kingdom Written 03 OVERVIEW O V E R A L L C O U N T R Y R I S K R A T I N G : D B 2 d Low risk: Low degree of uncertainty associated with expected returns. However, country-wide
More informationL i m i t e d C o m p a n y. K e y F a c t s. S e y c h e l l e s.
S e y c h e l l e s L i m i t e d C o m p a n y K e y F a c t s I N T R O D U C T I O N The Seychelles Limited Company is a domestic Limited Company G E N E R A L Location Seychelles is located in the
More informationCountry report ALGERIA
Summary Growth slowed in Algeria on account of reduced energy production and weaker demand from Europe. Still, due to an expected increase in oil production and further economic diversification, we expect
More informationPREFACE. The main data sources are the Central Bank, the Ministry of Finance, Trade & Investment (MOFTI) and the National Bureau of Statistics.
PREFACE The Statistical Bulletin is a publication by the through which it will disseminate information on a monthly basis. One of its main objectives is to provide the public with economic and financial
More informationAt the heart of Europe: The Luxembourg Economy in a nutshell. Jeannot Erpelding, Director International Affairs, Chamber of Commerce
At the heart of Europe: The Luxembourg Economy in a nutshell Jeannot Erpelding, Director International Affairs, Chamber of Commerce Agenda Luxembourg: Country & Economy snapshot Key sectors 2 Country snapshot
More informationFinancial Stability Board holds inaugural meeting in Basel
Press release Press enquiries: Basel +41 76 350 8430 Press.service@bis.org Ref no: 28/2009 27 June 2009 Financial Stability Board holds inaugural meeting in Basel The Financial Stability Board (FSB) held
More informationSator Regulatory Consulting Limited.
Sator Regulatory Consulting Limited Regulatory Risk Management Technical Advice Investigatory Assistance Resources Support for Business, International Standard Setters & Regulatory Authorities www.sator.je
More informationCHALLENGES IN FINANCING ROAD MAINTENANCE IN SUB-SAHARA AFRICA.
CHALLENGES IN FINANCING ROAD MAINTENANCE IN SUB-SAHARA AFRICA. By F Y Addo-Abedi,Ph D Chief Executive, TANROADS International seminar on sustainable road financing & 1 investment. Introduction (The role
More informationNATIONAL INSTRUMENT CONTINUOUS DISCLOSURE AND OTHER EXEMPTIONS RELATING TO FOREIGN ISSUERS
This document is an unofficial consolidation of all amendments to National Instrument 71-102 Continuous Disclosure And Other Exemptions Relating To Foreign Issuers and its companion policy current to October
More informationFOREWORD. Cayman Islands
2015/16 FOREWORD A country's tax regime is always a key factor for any business considering moving into new markets. What is the corporate tax rate? Are there any incentives for overseas businesses? Are
More informationMarket Brief on Belgium
Market Brief on Belgium Jan 2018 Location Facts and Figure Total Population 11.3m (2016. est) Area 30,528 sq km Time Zone UTC +01:00 Capital City International Telephone Code Currency Exchange Rate (02/02/18)
More informationSPANISH EXTERNAL SECTOR AND COMPETITIVENESS: SOME HIGHLIGHTS
SPANISH EXTERNAL SECTOR AND COMPETITIVENESS: SOME HIGHLIGHTS Summary Spain has significantly increased its trade openness in the last two decades Despite the global crisis and increased competition from
More informationTotal Imports by Volume (Gallons per Country)
10/5/2017 Imports by Volume (Gallons per Country) YTD YTD Country 08/2016 08/2017 % Change 2016 2017 % Change MEXICO 51,349,849 67,180,788 30.8 % 475,806,632 503,129,061 5.7 % NETHERLANDS 12,756,776 12,954,789
More informationDetails of the changes to the Investment Policies and Revision of the Investment Restrictions on the underlying funds of:
Details of the changes to the Investment Policies and Revision of the Investment Restrictions on the underlying funds of: 1. J60 Templeton Emerging Markets 2. L05 Templeton Global Bond (EUR) 3. L06 Templeton
More informationInvestment Trend and Economic Situation in Myanmar
Investment Trend and Economic Situation in Myanmar Dr. Marlar Myo Nyunt Director Directorate of Investment and Company Administration Myanmar Economic Policies Expanding our financial resources Improving
More informationADGM THE ACCESS TO COMMODITIES MARKETS IN ABU DHABI & THE REGION
ADGM THE ACCESS TO COMMODITIES MARKETS IN ABU DHABI & THE REGION FINANCIAL SERVICES REGULATORY AUTHORITY ADGM THE WORLD S NEWEST INTERNATIONAL FINANCIAL CENTRE Abu Dhabi Global Market, an international
More informationOverview of Financial Sector Reform in Myanmar with reference to. Banking and Insurance Sector
Overview of Financial Sector Reform in Myanmar with reference to Banking and Insurance Sector Dr. Sandar Oo, Managing Director Myanma Insurance 7 June, 2017 Economic Development and Financial Sector Reforms
More informationD&B Country Insight Snapshot: Belgium April 2015
D&B Country Insight Snapshot: Belgium April 2015 Overview Overall Country Risk Rating : DB2d Low risk: Low degree of uncertainty associated with expected returns. However, country-wide factors may result
More informationDoing Business in Egypt & Algeria
Doing Business in Egypt & Algeria Webinar Auro Das & Kevin Tucceri Agenda Who is Juniper Knowing Egypt & Algeria Economics of Egypt & Algeria Customers in Egypt & Algeria Interactions and Experience with
More informationTotal Imports by Volume (Gallons per Country)
1/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 11/2016 11/2017 % Change 2016 2017 % Change MEXICO 50,994,409 48,959,909 (4.0)% 631,442,105 657,851,150 4.2 % NETHERLANDS 9,378,351 11,903,919
More informationTotal Imports by Volume (Gallons per Country)
3/7/2018 Imports by Volume (Gallons per Country) YTD YTD Country 01/2017 01/2018 % Change 2017 2018 % Change MEXICO 54,235,419 58,937,856 8.7 % 54,235,419 58,937,856 8.7 % NETHERLANDS 12,265,935 10,356,183
More informationAKTIA BANK Plc Debt Investor presentation
AKTIA BANK Plc Debt Investor presentation 30.6.2015 Executive Summary Aktia Bank Plc Retail bank with focus on growth areas in Finland Provides services mainly to private customers, small-sized companies
More informationThis article is on Capital Adequacy Ratio and Basel Accord. It contains concepts like -
This article is on Capital Adequacy Ratio and Basel Accord It contains concepts like - Capital Adequacy Capital Adequacy Ratio (CAR) Benefits of CAR Basel Accord Origin Basel Accords I, II, III Expected
More informationMauritius Economy Update October 2013
October 28, 2013 Economics Mauritius Economy Update October 2013 Mauritius, a tropical island situated towards the south east coast of Africa comprises 9 districts Flacq, Grand port, Moka, Pamplemousses,
More informationBank of Canada Triennial Central Bank Survey of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets
Bank of Canada Triennial Central Bank Survey of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets Turnover for, and Amounts Outstanding as at June 30, March, 2005 Turnover data for, Table
More informationSETTING UP BUSINESS IN TUNISIA
www.antea-int.com SETTING UP BUSINESS IN TUNISIA 1 General Aspects Location: Northern Africa, bordering the Mediterranean Sea, between Algeria and Libya Area: Total: 163,610 sq. Km; Land: 155,360 sq. Km;
More information5. THE ROLE OF FINANCIAL MARKETS IN INTERMEDIATING SAVINGS IN TURKEY
5. THE ROLE OF FINANCIAL MARKETS IN INTERMEDIATING SAVINGS IN TURKEY 5.1 Overview of Financial Markets Figure 24. Financial Markets International Comparison (Percent of GDP, 2009) 94. A major feature of
More informationBasel Committee on Banking Supervision. Progress report on Basel III implementation
Basel Committee on Banking Supervision Progress report on Basel III implementation April 2012 Copies of publications are available from: Bank for International Settlements Communications CH-4002 Basel,
More information1. Economy. Economic Aggregates. Merchandise Foreign Trade. Prices. Financial Statistics. Government Finance. Wages and Compensation
12 Statistical Yearbook of Abu Dhabi 2016 1. Economy Economic Aggregates Merchandise Foreign Trade Prices Financial Statistics Government Finance Wages and Compensation Foreign Investment Statistical Yearbook
More information