Home › Forums › Australian Financial Services Licensing (AFSL) Forum › What licence authorisations should a product promoter have? › Re: What licence authorisations should a product promoter have?
As you would expect, it is very difficult to advise on what type of authorisations will be required without knowing more. Generally if a licensee is only promoting another licensee’s products they will usually require an advice authorisation and possibly some dealing authorisations depending on the nature of their activities. Those advice and dealing authorisations would be with regard to the financial products offered or issued by the other licensee. You should read ASIC’s Regulatory Guide 36 which discusses the licensing requirements for financial product advice and dealing.
Author: Paul Derham
Co-contributor: Megan Jaksa