Our Experience and Expertise with Responsible Managers
We have worked with hundreds of Responsible Managers, both for Australian Financial Services Licences (AFSLs) and Australian Credit Licences (ACLs), since licensing was introduced in 2004. Our Licensing Team is headed by an ex-ASIC senior manager who oversaw the ASIC Licensing Team for the final 15 years of his time there.
We know the ins and outs of ASIC Regulatory Guide 105 (for AFSLs), and ASIC Regulatory Guide 206 (for ACLs), which looks at the organisational competency and skills, particularly focusing on the importance of a licensee’s Responsible Manager.
Read our comprehensive white paper on Responsible Managers – what are they, what do they do, and are they personally liable?
Legal Services & Support for Responsible Managers
We support Responsible Managers of AFSLs and ACLs through:
- Responsible Manager workshops and webinars
- Quarterly and biannual forums for different industry groups (Advice Licensees, Accountants, Payments/Money Remitters, CFD providers, Credit)
- Regulatory updates through our Tailored Regulatory Exchange (T-REX)
- Compliance manual/procedure templates
We are also able to provide Responsible Managers with a way to access regulatory and compliance support through our HN Hub.
On top of our compliance support offerings through our HN Hub, we also provide legal services for Responsible Managers and Licensees through our law firm, Holley Nethercote Lawyers (liability limited by a scheme approved under Professional Standards Legislation).
Some of these legal services include:
