A South African company holding an active FSCA Category II discretionary FSP licence is offered through a full share acquisition.
Regulatory Scope
The partner lists discretionary management under client mandates across derivatives including CFDs, shares, bonds and debentures, hedge-fund interests and money-market instruments.
Acquisition Package
- Licence conditions and product-permission annexure
- Client-mandate history and financial returns
- Key Individual competence and appointment records
- Compliance policies, monitoring history and regulatory correspondence
Transaction Review
Buyers should assess current financial-soundness requirements, the actual mandate portfolio and personnel continuity. Decisions may be made within agreed discretionary mandates, subject to the licence and client terms. Completion and management changes require the applicable regulatory and corporate processes.
Commercial terms: Available on request, subject to current availability and due diligence.