Sophie Grace Legal can offer legal solutions for a range of financial services businesses.

Upon obtaining your AFSL to operate a financial services business, there are a range of legal documents, legal advice and other legal services you may require. Sophie Grace Legal has experience with a variety of different types of licensees and can assist you to implement the appropriate legal disclosure documents for your business.

Sophie Grace assists a range of financial service providers including:

• Financial Planners and Advisers;
• Fund Managers
• Trading Platform Operators;
• Providers of Margin FX & Contracts for Difference (CFDs); and
• Providers of Payment Services.

Providers of Payment Services

We can assist firms looking to set up payment services businesses to determine what type of licences and authorisations they require to operate in compliance with the Australian Laws.

Once the correct licences have been obtained, we can assist you with the development of the appropriate legal documentation to take your product to market. Sophie Grace can assist with the following documents:

• FSGs
• Client Agreements;
• Target Market Determination (“TMD“); and
• Product Disclosure Statements (PDSs“)

Trading Platform Operators

At Sophie Grace Legal we can advise on complex, specialised topics within the Corporations Act and associated regulations which impact your business. Trading platform providers are also likely to require a range of legal documentation in order to operate their business. Sophie Grace can assist with the following documents:

• FSGs;
• Client Agreements; 
• Target Market Determination (“TMD”); and
• Product Disclosure Statements (“PDSs”).

Financial Planners and Advisers

We can assist financial planners to prepare documentation that meets the requirements as set out in the Corporations Act and ASIC’s Regulatory Guides. There are a variety of documents required to be provided to each client you deal with and they need to cover off all of the necessary obligations in order to comply with your obligations as either an AFSL holder or an Authorised Representative.

We can advise on various topics covered by the Corporations Act and associated regulations which may impact your business. Sophie Grace can assist in preparing and/or reviewing documents including: 

• Financial Service Guides (“FSGs”); 
• Fee Disclosure Statements; 
• Authorised Representative Agreements (Corporate and Individuals);
• Client/Fee Service Agreements.

Margin FX/CFD Providers

We advise many Margin Foreign Exchange (“FX“) and Contracts for Difference (“CFD“) providers on complex, specialised topics within the Corporations Act and associated regulations which impact the operation of their business.  Sophie Grace Legal can advise on various financial services regulation issues including:

• Product Intervention;
• Conflicted Remuneration;
• Client Money laws;

We can also assist by preparing and/or reviewing legal documents including:

• FSGs;
• Product Disclosure Statements (“PDSs“);
• Terms and Conditions / Client Agreement;
• Target Market Determination (“TMD”);
• Introducing Broker (“IB“) Agreements;
• Branded IB Agreements;
• White Label Agreements;
• Liquidity Agreements; and
• Authorised Representative Agreements.

Industry-Specific Legal Assistance

Sophie Grace has expertise in the following industries:

• Corporate and Commercial: We can assist you with a range of corporate and commercial legal needs such as general advice and drafting and/or negotiation of legal documents;
• Funds Management: We can assist you with starting and operating your fund; and
• Fintech Businesses: We can assist you to structure your fintech business, determine if you require a licence and prepare the relevant legal documentation that may apply to your business.

Contact Sophie Grace Legal for further information on the documentation your business may require.