Committee of Insurance, Securities
and Non-Banking Financial Authorities

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Seychelles

The cosmopolitan Seychellois are a colourful and harmonious blend of different races, which stem from African, European and Asian roots all of whom have brought something of their own customs and way of life to the islands. The result is a charming Creole culture enriched from the melting pot of many continents.

 

Head of Authority: Mr Damien Thesee

Sectors being Supervised: Non-bank financial services, including Long-term and Short-term Insurance business, Capital Markets, Collective Investments Schemes, and Hire Purchase.

The Committee of Insurance, Securities and Non-Banking Financial Authorities (CISNA) was established in 1998, pursuant to Annexure 10 of the SADC Protocol on Finance and Investment as a committee of authorities responsible for the supervision of insurance, securities, and non-banking financial institutions (NBFI) in SADC Member States. CISNA is part of the Directorate of Finance, Investment and Customs of the SADC Secretariat and reports to the SADC Committee of Ministers of Finance and Investment through the Committee of Senior Treasury Officials.

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