Licensing is a critical component in the regulatory framework and serves a key function in the supervision value chain. It provides an entry point for applicants before they are allowed to conduct business as a financial institution. It is therefore essential that licensing systems be efficient and robust.

The material contained in this document is provided for general information purposes only. While every care and effort have been taken to ensure the accuracy and completeness of the information provided, the Financial Sector Conduct Authority makes no representation and gives no warranty, whether express or implied, relating to the correctness of the information in this document. The Financial ...

The industry, persons, learning institutions, professional bodies, industry associations, training providers, employers (FSPs) may submit qualification applications to the Registrar for recognition as part of the new fit and proper requirements for consideration. Transitional period prior to 2009. Date by which qualification must be obtained.

2024年11月11日 · Securing a Financial Service Provider (“FSP”) license is essential for businesses that wish to offer financial services legally in South Africa. Governed by the Financial Sector Conduct Authority (“FSCA”), the licensing process can be complex, requiring specific documentation and a keen understandin

2022年10月31日 · FSP license: what is it? A FSP License is a permit that can be acquired from the FSCA. This license enables certain financial advisors to operate as significant representatives or employees of the business they are employed by, in which case the business is the registered Financial Services Provider (FSP) License holder.

Use this checklist to ensure that you have all the documentation required before applying for an FSP Licence. Below is a list of the documents you need to submit to the Financial Services Board (FSB) along with your completed FSP licence application forms. Application forms and required documentation vary across licence category applications.

To operate in the financial services industry, all financial services providers (FSPs) are required to be authorised by the Financial Sector Conduct Authority (FSCA). Both the trading entity and the individuals involved need to satisfy stringent FSCA requirements before …

How to obtain a FSP License in South Africa. A FSP License is a license which is obtained from the FSCA. This license authorizes certain financial advisers to act as representatives or key individual of the company they work for, in which case the company is the actual registered Financial Services Provider (FSP) License holder.

Briefly, the process of applying for an FSP license involves submitting an application to the registrar of the Financial Sector Conduct Authority. In order to become authorized, the entity would need to meet certain licensing requirements and has to comply with a code of conduct before obtaining their licenses.

2024年10月1日 · This article will help you understand the steps, the common pitfalls and key requirements to successfully obtain a licence and start your own FSP business. Establishing …