The Australian Securities and Investments Commission (ASIC) has suspended the Australian financial services (AFS) licence of Vestiuum CSF Pty Ltd until 19 August 2025.

The AFS licence was suspended because Vestiuum has ceased carrying on a financial services since December 2021.

Vestiuum has taken steps to relaunching its financial services business. The suspension period will provide Vestiuum an opportunity to be in a position to resume its financial services business.

Vestiuum has held an AFS licence since 23 January 2019. The licence authorises Vestiuum to provide general product advice and crowd-funding services to retail and wholesale clients via an offer platform.