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According to the United Nations World Population Ageing report (2017), 13% of the global population are aged 60 years or above. The report estimated that this demography is growing at a rate of 3% per year. The trend can also be seen in Seychelles where the total number of pensioners (63 years and above) was 10,951 accounting for roughly 10% of the total population.

 

Seychelles joined 53 other African countries to participate in the first-ever China-Africa and Trade Expo in the city of Changsha, Hunan Province, People’s Republic of China, between the 24th and 27th June 2019. Launched under the China-Africa Cooperation Forum, this exhibition aimed to establish a new mechanism for economic and trade cooperation between China and African countries.

The Financial Services Authority (FSA) in collaboration with the Seychelles Investment Board (SIB) organized the second Seychelles Financial Services Roadshow in Asia which took place from the 18th to 24th June 2019, under the theme ‘Seychelles, your Global Partner in the Digital Era of Financial Services’.

The Securities legislation, enacted in 2007, provides the regulatory framework for securities trading within the Seychelles. The legislation safeguards investor confidence by licencing and regulating all components of the market from the securities exchange, securities dealers to the investment advisors and enforcing Internationally accepted guidelines.

 

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