Australian Financial Services Licensing (AFSL) Forum

#3571 Reply

Chris

Hi Chirag

Applying for a licence is a complicated process which we help many clients with. The following webpage includes an article and mindmap that provides an overview of what is involved. http://www.ccct.com.au/licensing/afs-licensing/applying-for-or-varying–your-australian-financial-services

Your other option is to become an authorised representative of another AFSL. The best course of action will depend on your individual circumstances including your ability to comply with the obligations of an AFSL holder. These include having at least 3 years regulated, relevant experience, holding appropriate insurance, and maintaining financial resources etc.

Don’t hesitate to drop us a line if you’d like further information.

Author: Paul Derham

Co-contributor: Chris Wallace

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