EN#0230 – FSCA Category 1 license in South Africa for sale

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 ProductAdvice (non-automated)Intermediary Service (other)
Long-term insurance subcategory AXX
Short-term insurance personal linesXX
Long-term insurance subcategory B1XX
Long-term insurance subcategory B2XX
Long-term insurance subcategory B2-AXX
Long-term insurance subcategory B1-AXX
Short-term insurance Personal Lines A1XX
Long-term insurance subcategory CXX
Retail Pension BenefitsXX
Short-term insurance commercial linesXX
Pension funds benefitsXX
Money market instrumentsXX
Debentures and securitised debtXX
Warrants, certificates and other instrumentsXX
Derivative instrumentsXX
Participatory interests in a collective investment schemeXX
Long-term depositsXX
Short-term depositsXX
Friendly Society benefitsXX

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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