EN#0338 – Cat 1 & 2 CASP, operational, licensed by FSCA, for sale

An opportunity to acquire a newly authorized, fully licensed FSP under FSCA in South Africa, offering a rare combination of CAT I and CAT II permissions, including crypto-related products. This turnkey structure provides an ideal platform for firms seeking rapid entry into the South African market with a clean regulatory record and scalable foundation.

Key Highlights:

• Company Structure: A boutique wealth and asset management firm serving high-net-worth clients, offering tailored portfolio management, wealth planning, and both discretionary and advisory services.
• Regulatory License: The entity holds a comprehensive FSCA license with a full suite of CAT I and CAT II permissions, covering a wide range of financial products including long-term and short-term insurance, securities, derivatives, deposits, pension benefits, and crypto assets
• Regulatory Status: No compliance issues, fines, or regulatory history – completely clean and dormant since inception
• Capital Requirements: Minimum regulatory capital requirement is calculated as 8/52 of annual operational expenses (excluding director emoluments). The entity currently holds approximately R55k in regulatory capital.
• Operational Status: Dormant entity with no active clients or trading history, offering a zero-risk starting point for a new owner.
• Financial Position: No material debt or liabilities, aside from minimal startup costs. The entity has a lean cost structure with monthly expenses of approx. R6k, primarily covering compliance and banking.
• Banking Infrastructure: Operational business bank account in place with Capitec Business Bank.
• Compliance Framework: Initial compliance, AML/KYC, and risk management policies were submitted during licensing; however, these can be fully tailored to align with the buyer’s intended operational model.

This entity represents a compelling acquisition for firms or individuals seeking a fast-track entry into wealth and asset management in South Africa, with maximum regulatory flexibility, minimal setup costs, and a pristine compliance record.

For further information on the sale of this FSCA-licensed entity, 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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