The FSA wishes to announce that, it has taken a decision to close its Representative Office in China effective 1st July, 2021. The decision has been taken following a review of the performance and operation of the office and also forms part of the Authority’s plans to make better use of its resources and to put in place a more cost-effective structure.
As one of Seychelles’ main market for the non-bank financial services sector, the FSA Representative Office in China was set up in July 2019, with the intention of increasing Seychelles’ presence in China and to establish and maintain strong relationships with Chinese clients. The office which was based in the Seychelles Embassy in Beijing, China was being managed by an Attaché, Mr. William Gao, who will now be returning to Seychelles.
The Board of Directors and the Management of the FSA would like to take this opportunity to thank Ambassador Vivienne Fock-Tave and the Embassy of the Seychelles in China for the support and hospitality extended to Mr. Gao during his tenure.