Australian Financial Services Licence - AG - Australian Business Licence and Information Service

Description

You may need this licence if your business intends to engage in one or more of the following activities:

providing financial product advice
dealing in financial products
making a market in financial products
operating a registered managed investments scheme
conducting crowd-funding campaigns
providing custodial or depository services
providing claims handling and settling services for insurance products.

Depending on your circumstances, you may be exempt from the requirement to hold a licence, or you may be allowed to provide financial services under a limited licence.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this licence you must:

meet approved qualification and competency standards and / or have practical experience
have sufficient financial resources to carry on the proposed business
be able to meet certain obligations as a licensee such as training, compliance, insurance and dispute resolution.

Duration

As specified

Fees

Task	Type	Business Structure	Description
Apply	Application	All	Fee information is in the attached fee resource.

Other resources

Task	Business Structure	Resources
Apply	All	AFS Licensing Kit: Part 1 Applying For and Varying an AFS Licence (Opens in new window)
Apply	All	AFS Licensing Kit: Part 2 Preparing your AFS Licence or Variation Application (Opens in new window)
Apply	All	AFS Licensing Kit: Part 3 Preparing your Additional Proofs (Opens in new window)
Comply	All	Fees for Commonly Lodged Documents (Opens in new window)

Act(s) name

Corporations Act 2001 Australian Government

Regulation(s) name

Corporations Regulations 2001 Australian Government

Application process

Lodge

Please lodge your completed application with supporting documentation with the agency.

Administering agency

Australian Securities and Investments Commission

Investors and Financial Consumers

Contact details

**Please use these contact details for help or more information:**

Customer Contact Centre

Investors and Financial Consumers

Australian Securities and Investments Commission
Phone:	1300 300 630

Supporting information

AFS Licensees (Opens in new window)

Australian Financial Services Licence - Australian Government