Independent Compliance Services (ICS)

Independent Compliance Services (ICS) is a South Africa-based compliance practice founded in 2003. Specializing in outsourced compliance solutions for Category I, II, and IIA FSPs, the company focuses on providing risk management services in adherence to the Financial Advisory and Intermediary Services Act and the Financial Intelligence Centre Act. ICS assists clients in meeting regulatory requirements, managing compliance risks, and fostering positive relationships with regulators. The company also facilitates FAIS license applications and supports clients with legal advice on compliance matters. With its niche expertise in the insurance industry, ICS plays a pivotal role in enabling FSPs to concentrate on their core business objectives. Currently, there is no publicly disclosed information about the company's latest investment or the involved investors.