AGP Executive Report
Last update: 9 hours agoFinancial Compliance: The US Treasury has ordered American financial institutions to stop processing transfers involving Seychelles-registered crypto exchange MEXC Global. It alleges the platform handled at least $16 billion in illicit transactions linked to Iran, North Korea and Russia. Commonwealth Diplomacy: Seychelles’ delegation at CHOGM, led by Principal Minister Wallace Cosgrow, called for the Indian Ocean’s history of slavery and human trafficking to be recognised in discussions on reparatory justice. Cosgrow also highlighted the country’s blue-finance experience. Regional Ties: Seychelles officials and Vice-President Sebastien Pillay attended a reception aboard Russian frigate Marshal Shaposhnikov during its visit to Victoria. Economic Standing: Ghana’s Institute for Fiscal Studies cited Seychelles’ government revenue and grants at 30% of GDP, among the highest rates in its comparison of 25 African countries.
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