This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the website https://finandy.com/en allegedly operated by Finandy Limited a Seychelles registered company. The FSA wishes to advise the public as to the fact that the company does not, nor has it had any authorization to operate under the Virtual Asset Service Providers Act, 2024 and is simply incorporated.
The company is simply incorporated in Seychelles under the International Business Companies Act, 2016 but does not hold any authorization for the offering of virtual asset related services as is provided for within the Virtual Asset Service Providers Act, 2024.
Consumers are reminded to always check whether the Virtual Asset Service Providers (“VASP”) or Virtual Asset products being offered to them are actually licensed/authorized and regulated in the jurisdiction from which they claim to operate. To note, the FSA publishes upon its website all persons authorized or licensed to offer non-bank financial services, including virtual asset services as well as the registration of Initial Coin Offerings or Non-Fungible Tokens.
The Seychelles continues to monitor activities within this domain and the public is encouraged to notify the FSA where they may feel they are engaging with VASPs that are operating without the proper licence or authorization by making use of the form available on the FSA website at the following link: https://fsaseychelles.sc/vasp/report-suspected-unauthorized-or-unlicensed-va-vasp-activity.