The Client requires Licence Assist Services in respect of the following licence application to the Regulator:
Licence Application as an Authorised Financial Services Provider in terms of the Financial Advisory & Intermediary Services Act, 2002, as amended from time to time(“FAIS”).
The License Assist Services required in terms of this Agreement include the following:
Should it be necessary for CS to obtain specialist knowledge in respect of matters related to this license assist agreement which does not form part of the normal license application process, then CS shall make use of consultancy services of internal specialists to assist with these matters which may include, without limitation, reviewing, drafting or amending of key risk documentation (e.g. policies, frameworks, plans) and/or compliance advice on complex compliance matters required in terms of the application. These services will be charged separately please note. CS shall inform the Client prior to referring the matter to such consultants.