ASIC extends no-license relief for foreign providers to wholesale to 2024
The ASIC licence exception does not apply to those entities that provide service to Australia retail clients.
AFS license
ASIC cancels licence of Quattro Management
ASIC has cancelled the Australian financial services (AFS) licence of Quattro Management Pty Limited.
ASIC warns AFS licensees must adequately manage cybersecurity risks
ASIC, Australia’s markets and financial services regulator, will take enforcement action when an AFS licensee does not meet its obligations.
ASIC secures Court order against RI Advice
The Federal Court has found Australian Financial Services (AFS) licensee, RI Advice, breached its license obligations.
Australian Gov consults on licensing exemptions for foreign financial service providers
The Australian Government proposes an exemption from the requirement to hold an AFS license for foreign companies.
ASIC secures Court orders against Melissa Caddick and Maliver
The Federal Court has found Melissa Caddick and her company, Maliver, carried on a financial services business without an AFS licence.
ASIC approves 776 Australian Financial Services licences in 2020-21
In 2020–21, ASIC finalised 1,965 applications in relation to AFS licences and credit licences, approving 776 AFS licenses.
ASIC secures cancellation of registration of Halifax Investment Services’ auditor
Former Halifax Investment Services Pty Ltd auditor Robert James Evett’s company auditor registration has been cancelled.
ASIC cancels AFS licence of Trade Wind Financial Services
ASIC took this action due to a failure by Trade Wind FS to co-operate with the Australian Financial Complaints Authority (AFCA).
ASIC imposes additional licence conditions on Poynter Hargraves
ASIC has imposed additional conditions on the Australian financial services licence of Poynter Hargraves Financial Consultants.
