Insights
Commentary on Australian financial services regulation, AFSL licensing matters and compliance practice.
These articles are provided for general information only and do not constitute legal or financial advice.
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ASIC’s Expectations for AFSL Responsible Managers: Competence, Evidence and Ongoing Obligations
ASIC expects AFSL Responsible Managers to demonstrate genuine competence, maintain clear evidence of their skills and experience, and actively oversee their licence on an ongoing basis. This article explains ASIC’s core expectations, what “appropriate competence” looks like in practice, the types of evidence regulators look for, and how Responsible Managers can meet their continuing obligations…
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Acquiring an Australian Financial Services Licence: Application, Acquisition, or Both?
Acquiring an Australian Financial Services Licence can be done either by applying for a new licence or acquiring an existing holder. This article explains the key steps, timelines, costs, and regulatory considerations to help you decide which pathway best suits your business strategy.