EN#0400 – South African FX Intermediary, operational, regulated by FSCA, for sale

An opportunity to acquire an operational South African Financial Services Provider authorized by the Financial Sector Conduct Authority (FSCA). The entity holds Category I permissions covering 1.13 Derivative Instruments and 1.18 Long-Term Deposits, providing an established regulatory structure for a purchaser seeking exposure to the South African financial services and foreign exchange market. 

Key Highlights:

• FSCA Authorizations: The entity is an authorized South African FSP, with Cat I permissions including 1.13 Derivative Instruments and 1.18 Long-Term Deposits. 

• Operational FX Infrastructure: The entity operates as an FX intermediary and maintains active banking and foreign exchange dealing arrangements with ABSA. 

• Key Individual Continuity: To support a smooth regulatory and operational transition, the existing registered Key Individual (KI) is prepared to remain with the entity for up to 12 months following completion of the sale at no additional fee. 

• Established Regulatory Structure: The acquisition provides a purchaser with an existing FSCA-regulated entity and operational framework, reducing the need to establish and license a new FSP from the outset. 

• Financial Standing: The entity has a structured payment arrangement in place with SARS, which is actively managed and is currently up to date.  

• ODP Opportunity: For purchasers considering principal or market-making activities, access can also be facilitated to specialist support regarding the process, expected timelines and costs associated with obtaining an Over-the-Counter Derivative Provider (ODP) authorization. Any ODP activities would remain subject to obtaining the relevant regulatory approval. 

This opportunity may be particularly relevant for financial services groups, FX businesses and international market participants seeking to establish or expand a regulated presence in South Africa through an existing operational FSP. 

For further information on the sale of this South African FSP, please contact our Mergers & Acquisitions team at info@salvusfunds.com. More entities for sale can be found within our Entity Acquisition or Sale page.

SALVUS Funds’ teams can be engaged for guidance on new license authorizations for investment, payment or crypto-asset services, ongoing regulatory compliance consultancy for regulated entities, and support in acquiring ready-made regulated or registered entities. 

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