A South African licensed entity that is regulated by the Financial Sector Conduct Authority (FSCA) as an authorised Financial Service Provider (FSP) is available for sale.
The highlights of the FSCA licensed entity are:
- Has a registered local office,
- Date Authorised 06/02/2018
- Never Operated
- A Director is at the company,
- An authorised Compliance Officer (CO) is in place,
- Bank Account
- Total monthly operating costs are under 7,000 USD, and
- The estimated time of transfer is 2 weeks.
- In the process to add Derivative Instruments
- No Penalties from the Regulatory
Products Approved
| Category Description | Advice Automated | Advice Non-automated | Intermediary Scripted | Intermediary Other |
| CATEGORY I | ||||
| Shares | X | X | ||
| Participatory interests in a collective investment scheme | X | X | ||
| Long-term Deposits | X | X | ||
| Short-term Deposits | X | X |
• Key individual, Director, Compliance Officer, Registered address, and local Bank account are provided for the 1st year with an additional cost.
For further information on the sale of this South Africa license, please contact our Mergers & Acquisitions team at zamo@licenseguide.com
