South Africa CAT-2 License for Portfolio Management

This listing offers a South African CAT-2 license, specifically for portfolio management. The license permits the holder to engage in a wide range of financial activities, including working with hedge funds, shares, money market instruments, bonds, derivative instruments, debentures, and securitized debt. The associated monthly fees are 7000 USD, covering key personnel such as a KI (Key Individual), Local Director, Compliance Officer, and the registered office. The company also has a pre-established bank account, and the change of control process is noted to be 5 days. While the asking price is not disclosed, this represents an opportunity to acquire a regulated financial entity in South Africa.