Thanks for your question. Technically you can be a responsible manager for more than one AFSL and/or designated on more than one AFSL application that has been presented to ASIC.
However, a person who is already a responsible manager for another AFSL holder must be able to demonstrate in the B1 Organisational Competence core proof that they will be capable of fulfilling their duties as a responsible manager. This submission must include:
•how the responsible manager will allocate their time to ensure they can perform their multiple roles; and
•how any conflicts of interest that may arise from acting under multiple licensees will be managed.
We refer you to ASIC Regulatory Guide 2 which contains information on your requirements where a responsible manager is acting on behalf of multiple AFS licensees.