An active Category 1 license in South Africa, accredited as a Financial Service Provider (FSP) and overseen by the Financial Sector Conduct Authority (FSCA), is now for sale.

This Category 1 FSP license was authorised in 2023. The entity has a clean record, no operations and has been endorsed to offer the following products:

Category I FSP – FSCA-regulated

Financial Product	Advice (non-automated)	Intermediary Service (other)
Long-term insurance subcategory A	X	X
Short-term insurance personal lines	X	X
Long-term insurance subcategory B1	X	X
Long-term insurance subcategory B2	X	X
Long-term insurance subcategory B2-A	X	X
Long-term insurance subcategory B1-A	X	X
Short-term insurance Personal Lines A1	X	X
Long-term insurance subcategory C	X	X
Retail Pension Benefits	X	X
Short-term insurance commercial lines	X	X
Pension funds benefits	X	X
Shares	X	X
Money market instruments	X	X
Debentures and securitised debt	X	X
Warrants, certificates and other instruments	X	X
Bonds	X	X
Derivative instruments	X	X
Participatory interests in a collective investment scheme	X	X
Long-term deposits	X	X
Short-term deposits	X	X
Friendly Society benefits	X	X

Additionally, the entity has one bank account, and the accountants are loaded on the license.

Finally, the compliance officer and the key individual of this entity for sale can remain in their position after the change of ownership at R10,000 and R30,000 per month, respectively.

For further information on the sale of this FSP Category 1 license under the FSCA in South Africa, please contact our Mergers & Acquisitions team at info@salvusfunds.com. More entities for sale can be found within our Entity Acquisition or Sale service.

SALVUS Funds’ teams can be engaged for guiding on new license authorisations for investment, payments or crypto-asset services, ongoing regulatory compliance consultancy for such licensed entities, and support in successfully acquiring ready-made regulated entities.

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