Seychelles delisted from EU greylist: Direct gains for financial services, FDI flows and borrowing costs |27 February 2026

Seychelles delisted from EU greylist: Direct gains for financial services, FDI flows and borrowing costs

Compiled and analyzed by Sunny Esparon

On February 17, 2026 the Council of the European Union removed Seychelles from Annex II (the greylist) of non-cooperative jurisdictions for tax purposes. The decision follows the OECD Global Forum’s January 2026 peer review that upgraded Seychelles to “Largely Compliant” on Exchange of Information on Request (EOIR) standards – the exact trigger required for delisting.

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