Search Result
-
Financial Services Compliance: Save or Spend?
06 May 2021When new clients are looking to engage us for the first time, they sometimes ask us for recommendations on what our first task should be. This is obviously more likely to happen where a business do
-
Federal Court dismisses ASIC’s test case against Westpac on Responsible Lending
08 Nov 2019In early August 2019, Justice Perram of the Federal Court dealt ASIC a significant blow by dismissing its case that Westpac had breached responsible lending laws. In some ways, the decision was not
-
FACT SHEET: What is an AML/CTF Program?
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. An AML/CTF Program is not only a core compliance req
-
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
-
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
-
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
-
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.
-
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
-
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
-
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