EN#0244 – 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 available for sale.
This category 1 FSP license was authorized in December 2024. The entity has a clean record, with no previous operations and without any legacy or legal issues.
The following products have been endorsed for both Advice and Intermediary/Other Services for this Category 1 FSP:
| Financial Product | Advice (non-automated) | Intermediary Service (other) |
|---|---|---|
| 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 |
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 for 6 months, to facilitate the handover. The timeframe can be negotiable.
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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