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FACT SHEET: What are the AML/CTF Governance Obligations?
22 May 2025This Fact Sheet has been prepared based on the future requirements of the AML/CTF regime for Tranche 2 entities that will commence 1 July 2026. As a reporting entity, you must identify the follow
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FACT SHEET: Top 5 Tips for Preparing Target Market Determinations (TMDs)
02 Nov 2022The design and distribution obligations (DDO) are designed to ensure that product issuers adopt a consumer-centric approach when designing (and distributing) products. Before distributing a product
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FACT SHEET: Top 10 Tips for a Successful AFSL Application
08 Feb 2024Here are our top 10 tips for a successful AFSL application. Organisational competency, as demonstrated by your Responsible Manager, will make or break your application. Get good legal advice a
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FACT SHEET: The AFSL Variation Process
07 Jul 2025How do I apply to vary an AFS licence? The application process is completed through ASIC’s Regulatory Portal, where you will be asked whether the application is to vary licence authorisations (i.e.
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FACT SHEET: The AFSL Application Process
07 Jul 2025Before applying for a licence, you need to know: Why are you applying? “Branding” alone won’t cut it. You need to convince ASIC that you need a licence. You may need to get legal advice
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FACT SHEET: Key AFSL Requirements
21 Feb 2024How 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 is critical that you understand the key o
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FACT SHEET: How to set up a Money Remitter (also known as a Money Transfer Operator or Payment Services Provider) Checklist
19 Jun 2020☐ Determine the characteristics of your remittance business Payment corridors and any other jurisdictions you will deal with Currencies you will exchange Customer types Whether your b
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FACT SHEET: Do I need an Australian Financial Services Licence (AFSL)?
22 Feb 2024The 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 h
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FACT SHEET: Checklist for setting up a Cryptocurrency (Virtual Asset) Exchange in Australia
03 Jun 2021Before you set up a cryptocurrency exchange… ☐ Determine the service(s) you will provide as part of your cryptocurrency exchange, and what will be traded. For example, consider: Will y
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FACT SHEET: Can you outsource your AML/CTF Obligations?
22 May 2025This Fact Sheet has been prepared based on the future requirements of the AML/CTF regime for Tranche 2 entities that will commence 1 July 2026. It is possible to outsource one or more of your AML