South Africa’s regulator has warned people to exercise caution when working with KS business. The South African regulator has reason to suspect KSPAS of illicit activities.
Since the FSCA has been informed that the organization is running an insurance business without an underwriter. FSCA confirms that KSPAS is not authorized under the Intermediary Services Act to provide financial advisory services.
Before starting cooperation with a particular company in the financial sector, it is important to find out whether it is registered and whether its license is valid.