South Africa - Apply for Approved Persons Certificate

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Procedure

Apply In Person

1. To Apply for Approved Persons Certificate, the applicant has to approach the Financial Sector Conduct Authority (FSCA) link
2. An application form will be provided to the applicant by the concerned officer.
3. The applicant has to fill in all the necessary details in the application form. (Incomplete applications are not accepted)
4. Make sure that the applicant has attached all the necessary documents that are mentioned in the “Required Documents” section of this page.
5. The applicant has to attach the photocopies of the required documents along with the application form while submitting.
6. Submit all the documents with the completed form to the concerned officer.
7. The applicant has to pay the prescribed fee as requested by the authority.
8. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
9. Then the application will be processed further. All the updates on the application status will be sent via SMS to the applicant’s mobile number or through email.
10. Once the process gets completed, the applicant gets a call from the office regarding the application.
11. The applicant has to visit the office to get the certificate which will allow his/her to act as an authorized representative for a financial services provider.
12. This entire process can be completed within 2 weeks or as per the timeline advised by the respective department authority.

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Required Documents

• Application form
• Certified copies of identification documents
• Certified copies of academic qualifications
• Curriculum Vitae
• Proof of payment
• Criminal record check

Office Locations & Contacts

Financial Sector Conduct Authority FSCA South Africa
Postal Address
P.O. Box 35655
Menlo Park, 0102
41 Matroosberg Rd, Ashlea Gardens,
Pretoria, 0002
Contact Centre - 0800 20 37 22
Contact link

Eligibility

• A person who intends to Apply for Approved Persons' Certificate is eligible to apply for this procedure.

Fees

• The applicant has to pay the prescribed fee as requested by the authority.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 2 weeks or as per the timeline advised by the respective department authority.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• First Names and surname of the applicant
• Trade name
• Address and other particulars
• Authorised representative particulars
• Company Registration number and date
• Other member particulars
• Bank account details
• Contact details
• Fax number and Email address
• Payment Receipt number/ Transaction ID
• Particulars of aircraft
• AMO name and license number
• Name and capacity of the signatory

Need for the Document

• The APC is required under the Financial Advisory and Intermediary Services (FAIS) Act, which is aimed at regulating the conduct of financial services providers and improving consumer protection.
• The Act requires that individuals who act as authorized representatives for financial services providers must be registered with the FSCA and hold an APC.

Information which might help

• It is important for individuals who are required to hold an APC to understand their regulatory obligations and ensure that they are acting under the requirements of the FAIS Act.
• Failure to comply with the regulatory requirements can result in penalties, fines, or even criminal charges.

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

More information which might help people.