Australian Financial Services Licence - Australian Government

Description

You may require an Australian Financial Services (AFS) Licence as part of your business if you intend 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
  • conduct crowd-funding campaigns
  • providing custodial or depository services.

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

Please consult the Contact Officer for more information.

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 of an AFS licensee such as training, compliance, insurance and dispute resolution.

The best way to apply for an AFS Licence is online using the eLicensing system. The system individually tailors the application to your business.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

Ongoing.

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

Fees will vary depending on your circumstances. Please consult the Contact Officer for more information.

Act(s) name

Corporations Act 2001 Australian Government

Regulation(s) name

Corporations Regulations 2001 Australian Government

Additional information

If you do not provide a financial service covered by the licence before the end of 6 months after the licence is granted, you must lodge a notification with ASIC.

Administering agency

Australian Securities and Investments Commission

Investors and Financial Consumers

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Enquiries, ASIC SA Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission
Operating address: Level 14
91 King William Street
Adelaide, South Australia 5000
Phone: 08 8202 8400

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Enquiries, ASIC QLD Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission
Operating address: Level 20
240 Queen Street
Brisbane City, Queensland 4000
Phone: 1300 300 630
Phone: 07 3867 4700
Fax: 07 3867 4725

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Enquiries, ASIC Tas Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission
Operating address: Telstra Centre
Level 5
144 Macquarie Street
Hobart, Tasmania 7000
Phone: 1300 300 630
Phone: 03 6235 6800
Fax: 03 6235 6811

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Enquiries, ASIC NSW Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission
Operating address: Level 5
100 Market Street
Sydney, New South Wales 2000
Phone: 1300 300 630
Phone: 02 9911 2000
Fax: 02 9911 2414

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Enquiries, ASIC Vic Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission
Operating address: Level 7
120 Collins Street
Melbourne, Victoria 3000
Phone: 1300 300 630
Phone: 03 9280 3200
Fax: 03 9280 3444

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Enquiries, ASIC WA Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission
Operating address: Level 1
11 Mounts Bay Road
Perth, Western Australia 6000
Phone: 08 9261 4000
Phone: 1300 300 630
Fax: 08 9261 4227

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Enquiries, ASIC ACT Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission
Operating address: Level 2
2 Allsop Street
Canberra, Australian Capital Territory 2600
Mailing address: PO BOX 4000
Gippsland Mc, Victoria 3841
Phone: 02 6250 3800
Phone: 1300 300 630
Fax: 02 6250 3811

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Enquiries, ASIC NT Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission
Operating address: Jacana House
Level 5
39 - 41 Woods Street
Darwin, Northern Territory 0800
Phone: 08 8943 0900
Phone: 1300 300 630
Fax: 08 8943 0910