This document contains the recommendation by the Accreditation Panel for accreditation of applicant 190 (APL190), XSML Capital Ltd (XSML), based in Mauritius, in accordance with the revised accreditation framework adopted in paragraph (a) of decision B.42/13, and includes the screening report confirming the applicant meets the screening requirements contained in part 1 of annex II to document GCF/B.42/04/Add.01.