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Australian Financial Services Licence (AFSL) - Australian Government

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Australian Financial Services Licence (AFSL) - Australian Government

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  1. AUSTRALIAN LICENCE FINANCIAL SERVICES AUSTRALIAN GOVERNMENT

  2. DESCRIPTION Y o u m a y r e q u i r e a n A u s t r a l i a n F i n a n c i a l S e r v i c e s L i c e n c e ( A F S L ) a s p a r t o f y o u r b u s i n e s s i f y o u i n t e n d t o e n g a g e i n o n e o r m o r e o f t h e f o l l o w i n g a c t i v i t i e s : providing financial product advice dealing in financial products making a market in financial products operating a registered managed investments scheme conduct crowd-funding campaings providing custodial or depository services.

  3. D e p e n d i n g o n y o u r c i r c u m s t a n c e s , y o u m a y b e e x e m p t f r o m t h e r e q u i r e m e n t t o h o l d a n A F S l i c e n c e o r y o u m a y p r o v i d e f i n a n c i a l s e r v i c e s u n d e r a l i m i t e d A F S l i c e n c e . P l e a s e c o n s u l t t h e C o n t a c t O f f i c e r f o r m o r e i n f o r m a t i o n .

  4. SERVICE TYPE L I C E N C E A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity. ELIGIBILITY REQUIREMENTS To be eligible for this licence you must: Meet approved qualification and competency standards and/or have practical experience; Have sufficient financial resources to carry on the proposed business; and Be able to meet certain obligations of an AFS licensee such as training, compliance, insurance and dispute resolution.

  5. DURATION Ongoing. FEES

  6. ACT(S) NAME Corporations Act 2001 AG REGULATION(S) NAME Corporations Regulations 2001 AG ADMINISTERING AGENCY - Australian Securities and Investments Commission - Investors and Financial Consumers

  7. ARTICLE SOURCE ABLIS.BUSINESS.GOV.AU/ IMAGE SOURCE FORTNUM.COM.AU

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