Licensing



FACT SHEET: Do I need an Australian Financial Services Licence (AFSL)?

22 Feb 2024
FACT SHEET: Do I need an Australian Financial Services Licence (AFSL)?

Frank Varga

Head of Licensing

The 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…...

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Licensing 101: The Fit and Proper requirement

10 Feb 2025
Licensing 101: The Fit and Proper requirement

Ellie Khor

Lawyer

When applying for an AFSL, applicants must be prepared to meet the fit and proper requirement – a test that assesses competence, financial soundness, legal compliance and moral character.  ASIC…...

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