Originally published by Offshore Investment Magazine
In order to overcome the use of offshore centres by criminals Seychelles has declared its willingness to co-operate with international authorities. This willingness persists despite the approaches of some authorities, which tend to be prejudiced and which assume that the ethics of offshore centres to be no better than that seen in many financial organisations of the industrial countries. Seychelles' conservative policy in respect of its policy of careful scrutiny of applications for licences for offshore financial operations is supporting the country's reputation for propriety. Existing foreign investors who operate through international business companies and in the Seychelles International Trade Zone appreciate this.
