Seychelles News: Memorandum of Understanding signed between SRC & SIS

Article Published on August 3, 2021

As part of a collective effort to reinforce an already existing working relationship, and by virtue of the nature of their services, the Seychelles Revenue Commission (SRC) and the Seychelles Intelligence Service (SIS) have signed a Memorandum of Understanding (MoU) on 7 May 2021. The MoU is deemed important as it provides for a framework which allows for mutual exchange of information between the entities given their common involvement across multiple complex cases relating to tax and customs.

Additionally, both the SRC and the SIS sit on the National Anti-Money Laundering / Combatting the Financing of Terrorism Committee (NAC), an area on interest which resonates with the institutions’ efforts in combatting financial and economic crimes.