EN#0331 – South African FX Intermediary, Operational, regulated by FSCA, for sale

An opportunity to acquire a fully compliant, FSCA-regulated Foreign Exchange Intermediary in South Africa, offering a turnkey and cost-efficient platform for firms seeking immediate entry into the FX market. The proposed transaction involves the sale of 100% of the issued share capital of the entity, providing direct access to a regulated structure, banking relationships, and an established operational framework.

Key Highlights:

• Business Structure: An active, fully compliant Foreign Exchange Intermediary operating under FSCA regulation.
• Regulatory License & Permissions: The entity is licensed by the Financial Sector Conduct Authority (FSCA) under:
  • Category 1.13: Securities and Derivative Instruments
  • Category 1.18: Short-Term Deposits

Comprehensive regulatory documentation is in place, including AML registration, Professional Indemnity Insurance, bank agreements, and full operational compliance documentation.

• Regulatory Standing: The entity maintains a clean compliance record, with no regulatory issues reported.
• Capital Requirements: Regulatory requirements specify that assets must exceed liabilities; no fixed minimum capital threshold applies.
• Operational Status & Client Base: The business is operational and established, currently servicing a long-standing client generating approximately ZAR 300k in annual revenue.
• Banking & Infrastructure: The entity currently holds:
  • Operational account maintained with Capitec Bank
  • Established FX dealing lines with ABSA
  • Clients maintain their own bank accounts, with the entity facilitating FX transactions via ABSA’s dealing infrastructure
• Financial Liabilities: A structured monthly payment arrangement with SARS is in place until August 2026.
• Operating Costs: The entity incurs approx. ZAR 36k in annual costs covering FSCA Levy and Accounting & Independent Review, as well as around ZAR 800 per month for Professional Indemnity Insurance.
• Compliance Framework: Fully established policies covering compliance, AML/KYC, and risk management are in place.

This opportunity represents a compelling acquisition for buyers seeking a low-cost, fully compliant entry into the South African FX market, with established banking relationships and operational readiness already in place.

For further information on the sale of this FSCA-regulated Foreign Exchange Intermediary , 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, ongoing regulatory compliance consultancy for licensed entities, and support in successfully acquiring ready-made regulated entities. 

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