[Matthew Twomey]

Hi,
Although we understand that your question may seem simple, there are a number of different considerations involved.

The Appendix to RG 121 sets out a range of circumstances in which an AFSL is not required. It is not limited to overseas businesses.

We are unable to discuss this matter with you further without knowing full details of your proposed business model. If you wish us to advise in relation to your personal business circumstances then you would first need to enter into a costs agreement with us pursuant to our legal practising rules. Please contact us to discuss further.

Author: Matthew Twomey (Lawyer)

[Matthew Twomey]

Hi,

ASIC’s Regulatory Guide 121 sets out some of the exemptions from holding an AFSL for overseas businesses. Without us knowing more about your proposed operations, we cannot give you any specific advice about whether or not your business would require an AFSL. Please contact our financial services team if you wish to discuss further.

Author: Matthew Twomey (Lawyer)

[Author]

Posts