Seychelles hosted a delegation from the Eastern and Southern Africa Anti-Money Laundering Group with the aim to continue monitoring the level of de-risking of member states. A particular emphasis was placed on the termination of correspondent banking relationships and its consequences on countries. The project team, of which Seychelles is the co-chair together with Angola, has as task to continually evaluate the de-risking levels within the region based on the information provided by countries and to prepare a report - highlighting the weaknesses, deficiencies and support structures - which will be presented to a Task Force meeting in Botswana in September 2023.

You can read more here