Seychelles- Strengthening the Financial Market

The Strengthening the Financial Market project seeks to support the development of an efficient financial market and promote the overall efficiency and soundness of the financial sector. This project is expected to provide support specifically to the following areas; capital market development; money market and financial market infrastructure development and financial education. It includes the following components consultancy services: a) Review of the Mutual Funds and Hedge Funds Act; b) Insurance supervision and regulation; c) Development of a risk-based supervisory framework for pension fund supervision; d) Feasibility Study for Real Time Gross Settlement System; e) Feasibility Study for Central Securities Depository; f) National Strategy on Financial Education and Capacity Building; and g) Development of policy framework for Repo Market and Master Repurchase Agreement.