FSP licence with crypto asset authorisation in South Africa

About This Company

Cross-border passporting is completely unavailable under this authorisation because the South African licence carries domestic legal effect only. The Financial Sector Conduct Authority, located in Pretoria, exercises market-conduct supervision across banking, insurance, investment, retirement-fund and capital-markets sectors alongside the Prudential Authority within South Africa's Twin Peaks model. Company assets include an operational bank account that is already attached to the corporate structure. Legal status derives from the Financial Advisory and Intermediary Services Act 37 of 2002. Statutory permissions cover virtual asset exchange, virtual asset transfer, and virtual asset safekeeping under Category I. Buyers verify the company on the public FSP register by searching the entity name, FSP licence number, or trading name. An active entry displays the current licence status, licensed categories (I-IV), and authorised representatives. Pretoria officials record 310 entities of this licence type on the register. Solvency records and compliance notices held by the supervisor should be requested directly from the seller. Bank mandates require verification to confirm that the existing operational account remains in good standing. Solicitors examine registry extracts before contract signing. Confirmation through the public database establishes the precise regulatory profile prior to acquisition.