Sophie Grace can conduct a compliance review which covers how well your business is complying with its AFSL or ACL requirements from ASIC. Our report will cover the key regulatory and legal requirements which are applicable to your licence which was granted by ASIC, taking into consideration recent regulatory issues that have been raised by ASIC and the courts, as well as compliance trends we are seeing across the finance and credit industries. Most AFSL and ACL holders conduct an external compliance review at least once every 12 months. We can also conduct reviews where they have been stipulated as requirement on your business by ASIC.
The review will cover your compliance documentation, procedures and processes to ensure that they meet regulatory requirements and your AFSL or ACL authorisations and conditions.
Sophie Grace will conduct the external compliance review at your office. Depending on the size of your organisation, this could take half a day or several days.
Pleas click on the links below for the suggested areas of review for AFSL and ACL holders: