Licensing
If you’re operating a financial services business in Australia, you need to have an Australian financial services (AFS) licence. This licence is issued by ASIC, and it’s designed to protect consumers by ensuring that financial services providers are meeting certain standards of competency, honesty, and fairness.
The AFS licensing process can be complex and time-consuming, but it’s essential for any financial services business operating in Australia.
The MDL team can assist with:
1. Identifying the authorisations you need under your licence which is relevant to your business model and services.
2. Preparing your application. The AFS licence application is a complex process that requires you to provide information about your business, your responsible managers, and your financial resources.
3. Lodging your application with ASIC and liaise with the Regulator.
4. Ensuring that your license is issued efficiently
We understand the complexity of the AFS licensing process, and we’re here to help you every step of the way.
If you’re considering applying for an AFS licence, or if you need help managing your existing licence, we encourage you to contact us today. We can provide you with a free consultation to discuss your needs and how we can help.
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