SALVUS Secures Another New FSP License under FSCA
SALVUS proudly announces the successful license approval of our client as a Financial Service Provider (FSP) under the Financial Sector Conduct Authority (FSCA) in South Africa, within 4 months from application submission.
Guided by our Managing Director, Nikolas Xenofontos, the SALVUS Investment Firms Licensing team worked seamlessly with both the regulator and the client to achieve this significant milestone. The licensing process required meticulous preparation, including precise documentation and strict adherence to the detailed criteria set by the FSCA.
SALVUS demonstrated its unwavering commitment by preparing a comprehensive application aligned with regulatory expectations, developing a robust business plan tailored to the client’s goals, outlining a well-defined organizational framework, demonstrating financial soundness, and establishing strong policies and procedures, including a robust Risk Management plan.
This achievement highlights SALVUS’s expertise in securing regulatory authorizations for financial entities and reinforces our reputation as a trusted partner in navigating complex licensing processes across multiple jurisdictions.
To learn more about our Investment Firms Licensing team and the services we provide to support clients in obtaining licenses in their preferred jurisdictions, visit our Licensing Services page.
Contact us at info@salvusfunds.com if you are looking to become a licensed entity in any jurisdiction; we look forward to being of value.
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