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Certified Wholesale – SMSFs and Accountant’s Certificates
21 Jan 2025
David Court
PartnerOne of the more popular methods used to treat investors as wholesale clients is through the use of accountant's certificates. Financial advisers and accountants need to be aware of…...
Read moreIs the end coming for the Sophisticated Investor?
17 Jan 2025
David Court
PartnerThe distinction between wholesale and retail clients is a fundamental part of the financial services laws. The continuing increase in retail client regulation over recent years and the increasing…...
Read moreEfficiently, Honestly and Fairly – What does it mean?
10 Jan 2025
Grant Holley
Co-Founder & ConsultantI’d like some “Efficiently, Honestly and Fairly” please, with a dash of “community expectations” thrown in.[1] I would like to start with what is, I think, an unarguable proposition. No…...
Read moreYou’ve just suffered a ‘cyber’ incident – What are the legal risks?
02 Apr 2024
Ursula Noye
Senior AssociateAsk Optus. Its 14-hour national outage on 8 November 2023 led to a Parliamentary inquiry, the resignation of its then CEO, and loss of trust across the market. While it…...
Read moreFACT SHEET: Do I need an Australian Financial Services Licence (AFSL)?
22 Feb 2024
Frank Varga
Head of LicensingThe law says that you need an Australian Financial Services Licence (AFSL) if you are a “person” who carries on a “financial services” business in this jurisdiction. (This article includes…...
Read moreFACT SHEET: Key AFSL Requirements
21 Feb 2024
Frank Varga
Head of LicensingHow do I get an AFSL, you ask? Below, we outline the key requirements required for applying for and obtaining an AFSL. If you decide to obtain an AFSL, it…...
Read moreFACT SHEET: AFSL Costs
20 Feb 2024
Frank Varga
Head of LicensingSo, you think you’re ready to apply for your own AFSL. What are the costs should you be prepared for? Preparing You can attempt to prepare and submit your own…...
Read moreFACT SHEET: The AFSL Application Process
17 Feb 2024
Frank Varga
Head of LicensingBefore applying for a licence, you need to know: 1. Why are you applying? “Branding” alone won’t cut it. You need to convince ASIC that you need a licence. You…...
Read moreFACT SHEET – Should I have my own AFSL?
11 Feb 2024
Frank Varga
Head of LicensingDoes the licensing regime prevent you from being an authorised representative of an existing AFSL holder? Are you getting tired of receiving bills from your licensee for the privilege of…...
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