# AML/CFT Obligations for Securities Dealers – Seychelles

- Link: https://regulab.academy/course/aml-cft-obligations-for-securities-dealers/
- Published: 2026-10-02T17:28:13+03:00
- Author: Regulab Academy

Compliance-officer-depth AML/CFT training for staff of Seychelles FSA-licensed securities
dealers — compliance officers, AML officers, directors and dealing staff. Built 
directly from the Anti-Money Laundering and Countering the Financing of Terrorism
Act, 2020 (consolidated to 1 September 2024, and the Cap. 251 Revised Edition), 
the Beneficial Ownership Act, 2020 and the National Risk Assessment. References 
to the AML/CFT Regulations, 2020 are flagged for verification with the FSA.

 * **Jurisdiction:** Seychelles
 * **For:** Compliance Officers, AML Officers, Directors, Dealing Staff
 * **CPD units:** 10
 * **Price:** €240.00
 * **Pass mark:** 50%

## What this course covers

 1. **Foundations of the AML/CFT Framework** — where securities dealers sit within 
    the regime, personal liability, and the offence of money laundering.
 2. **Registration, Risk Assessment & Governance** — FIU registration, firm-level risk
    assessment, internal controls, and appointing a compliant compliance officer.
 3. **Customer Due Diligence** — beneficial ownership, PEPs, simplified and enhanced
    due diligence, reliance on regulated persons, and the duty to cease.
 4. **Suspicious Activity Reporting** — the two-business-day STR clock, what a report
    must contain, and the tipping-off offence.
 5. **Records, Supervision & Sanctions** — record-retention periods, FSA supervisory
    powers, and administrative sanctions up to SCR1,000,000.
 6. **Red Flags & Practical Scenarios** — applying the framework to real dealing-desk
    situations, with worked right/wrong examples.
 7. **Glossary and Sources** — quick reference and full legal citations.

Every lesson follows the same structure: the legal text (verbatim extracts, or summaries
clearly labelled as such), a plain-language interpretation, and a practical example
grounded in a securities-dealer scenario.

**Learning time:** 10 hours (600 minutes): about 189 minutes of reading, 391 minutes
of case studies and self-check questions, and 20 minutes for the final test. The
estimated time for each lesson is shown in its title and at the top of the lesson.

## Assessment and certificate

A 10-question test follows the final lesson, each question citing the specific provision
it tests. A 50% pass mark (5 of 10) is required, with unlimited retakes. On passing,
a CPD certificate for 10 units is issued in your name, with a unique certificate
number.

## Legal sources

 * [Anti-Money Laundering and Countering the Financing of Terrorism legislation](https://fsaseychelles.sc/aml-cft/amlcft)
   on the FSA website

**Legislation current as at:** Anti-Money Laundering and Countering the Financing
of Terrorism Act, 2020 as consolidated to 1 September 2024. Consolidated texts are
unofficial and provided for convenience only. Always check the Official Gazette 
for the current law.

**Disclaimer**

This course is an aid to understanding your firm’s AML/CFT obligations. It is not
legal advice. Quoted extracts are excerpts presented for training purposes; the 
official Gazette text of the AML/CFT Act, Cap. 251 and the AML/CFT Regulations, 
2020, together with current FSA guidance, control in the event of any inconsistency.