ASIC Down to Final Batch of Limited AFS Licence Applications

Share on facebook
Share on twitter
Share on linkedin

The corporate regulator has distributed a raft of draft limited AFS licences as it works on finalising the last of the remaining applications.

An ASIC spokesperson confirmed to SMSF Adviser that as of 7 July 2017, ASIC had offered 30 applications a draft Limited Australian Financial Services licence and it is “awaiting further mandatory basic documentation from those applicants in order to complete the applications”.

“ASIC is still assessing another six applications,” an ASIC spokesperson said.

Read More on SMSF Adviser or in PDF on our Media Page.

About The Author

Alicia Pevely

Alicia works across both Sophie Grace Pty Ltd and Sophie Grace Legal Pty Ltd with a particular focus on compliance and legal services. She manages the licensing and compliance aspects of the business. She is responsible for AFSL and ACL applications, variations and assists the compliance team in the implementation of compliance reviews. She provides ongoing compliance support and assists with the preparation of legal advice, commercial agreements and disclosure documents.  

Obligation Free Consultation

We will call you back ASAP!

Recent Updates