SIBA Working On New Strategy For Seychelles Offshore Industry
The Seychelles International Business Authority (SIBA) has brought together
the various communities making up the country's offshore financial services industry
in order to discuss a new strategy for the sector's future development. The two-day conference, which began on Monday, is the first time that all of
the key players in the Seychelles offshore industry have come together to discuss
the way forward. Participants include representatives from financial institutions,
regulatory bodies, the tax department, and the civil aviation and port authorities. It is expected that the major outcome of the meetings will be a new comprehensive
blueprint which will serve as a guide for both the industry and the international
clients that it serves. It is also hoped that the country's offshore industry can be expanded, particularly
in the area of private banking. Currently, there is just one private bank serving
the Seychelles' offshore sector. .
|
|
IMPORTANT NOTICE: TAX-NEWS.COM has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright TAX-NEWS.COM 1999 to 2007. Contact us for further information.