Conducted in 2023, the latest follow-up report relating to the implementation of anti-money laundering and counter-terrorist financing standards in Seychelles found that the country was Compliant for 12 and Largely Compliant for 22 of the FATF 40 Recommendations. It remains Highly Effective for 0 and Substantially Effective for 0 of the Effectiveness & Technical Compliance ratings.

In August 2022, the EU Global Facility team conducted a scoping mission to the country in order to assess, in collaboration with local authorities, the potential for technical assistance with regards to AML/CFT. It designed a technical assistance workplan aimed at supporting the country in rectifying its strategic deficiencies on AML/CFT.