Log in to your account for online services. From the dashboard, select ‘Register FSP (Individual).’ Complete your application by inputting the needed information, such as prior FSP numbers (if any).
What Is Necessary To Become An FSP?
The following documents pertain to a CAT I FSP license application. Legal entity registration paperwork (CC or Company from CIPC) or Trust Deed and Letter of Authority (Trust) Identity Document Certified Copy (of each KI) Each KI must provide a certified copy of their highest qualification (recognized qualification).
How Much Time Does It Take To Obtain An FSP License?
Given that the Licence Committee meets once a month to grant licences, the processing period for an application at the FSCA can range between 8 and 12 weeks.
What Exactly Is An FSP Licence?
Certain financial advisers are sometimes authorized to function as representatives or important individuals for the firm for which they work, in which case the company is the registered Financial Services Provider (FSP) License holder.
Who Grants The FSP A License?
A FSP License is a permit received from the FSCA.
How Can I Become A South African Financial Advisor?
To become a Certified Financial Planner, a financial adviser must first get a BCom Honours or a postgraduate diploma in Financial Planning from one of the recognized higher education institutions. Write and pass a certification test at the postgraduate level.
