The FSC's online platform for submitting, tracking, and managing registration and licensing applications.

The maximum amount of share capital a company is authorised to issue, as stated in its incorporation documents.

The portion of authorised capital that has been issued and paid for by shareholders.

A category of insurance activity for which authorisation is sought (e.g. Property Insurance, Bond Investment Insurance).

Insurance written directly for policyholders, rather than accepted from another insurer.

Insurance purchased by an insurance company to transfer a portion of its risk to another insurer.

An entity or individual authorised by the FSC to conduct regulated business.

Matters relating to fitness and propriety, including governance, ownership, management, and financial standing.

An application that does not present complexity or suitability concerns and can be processed within standard timelines.

The use of technology to route applications, assign tasks, and manage approvals efficiently.