Australian Financial Services Licence - Australian Government

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

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

Fee information is in the attached fee resource.

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

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:

Customer Contact Centre

Investors and Financial Consumers

Australian Securities and Investments Commission
Phone: 1300 300 630