Frank Varga

LinkedinHead of Licensing

Frank joined Holley Nethercote in November 2017 as a Licensing Consultant. Frank has had over 30 years’ experience in analytical and senior management roles at ASIC, including overseeing the Licensing team for the final 15 years of his time there.

Key Areas of Expertise

  • Australian Financial Services Licensing
  • Credit Licensing
  • Compliance and regulation
  • Liaising with and educating clients
  • Regulatory Liaison
  • Building professional relationships

Career Achievements

  • Senior Manager and Senior Specialist of Licensing at ASIC, responsible for AFS Licensing and, more recently, Credit Licensing
  • Senior Specialist in ASIC's Credit Team, responsible for implementation of the National Consumer Credit reforms. During this period, Frank was involved in designing the content of the online application and documents, and also related Regulatory Guides
  • Involved with the Licensing of Accountants reform, where he worked closely with Treasury and the Joint Accounting Bodies in determining the final legislation, and assisted in drafting ASIC's supporting Policy documents


  • Bachelor of Business Studies (Accounting)
  • MBA Mt Eliza Business School

Favourite Quote

“Always pass on what you have learned.” Yoda

My Thoughts

Are you paying too much for your ASIC Industry Funding Levy?

04 Apr 19

ASIC has now issued levies for the 2017 – 2018 financial year.  These invoices were due to be paid by 15 March 2019.  Late payment penalties apply from 1 April 2019 and these are as…