LicenSys

LicenSys is a modern digital platform designed to offer services under the Financial Services Commission Act, No. 8 of 2023 (FSCA) and the Securities Industry Act, 2021 (SIA) ensuring greater efficiency, security and accessibility. Every step of the FSC’s licensing, registration and regulatory reporting for non-bank financial service providers now happens online, securely, and in real time.

LicenSys Services and Features:   

The platform will support end-to-end digital processing for licensing/registration, renewals, amendments, compliance and reporting.  The services include:  

• Online Application for Licensing, Registration, Renewals and Amendment Services
• Real-Time Updates: Track the progress and status of your application.
• Digital Certificates and Extracts: Verify and download official digital certificates and extracts securely.
• Integrated Payment System: Convenient, secure online payments.  
• Automated Notifications: Reminders for renewals and compliance deadlines.  
• Enhanced Security: Advanced data protection measures and 24/7 system access. 

Requirements to register an account:  

1.Valid Social Security ID, if applicable. (If not, a valid passport and recent photo must be submitted for review and verification by the Commission.)

2. Valid Personal Email Address. This address will be used to validate and confirm application link for first-time users.