Australian Financial Services Licence (AFSL) Applications & Variations

Applying for an Australian Financial Services Licence (also referred as an AFS licence or an AFSL) with ASIC can be a very daunting process, especially if you’ve never been involved in the application process before.

Getting an Australian Financial Services Licence (AFSL) isn’t as simple as you might think.  There is a lot of preparation and paperwork involved.  If you don’t have the time or resources to apply for an AFSL, why not let us – the experts – do it for you.

Ways we can help you apply for an Australian Financial Services Licence (AFSL)

ASIC has set out in it’s Regulatory Guides (RG) 1, 2 and 3, all the AFS licence requirements it requires from applicant (you).  With over 150 pages of reading material in those guides alone, it’s no wonder people seek expert help.  Below are just some of the ways we can help you.  We can help you in:

  • Determining the appropriate authorisations needed for your AFSL (through our law firm, Holley Nethercote Lawyers)
  • Assessing potential Responsible Managers against ASIC’s RG 105 requirements
  • Preparing and processing the e-licensing application on your behalf
  • Assisting with preparing the numerous proofs required by ASIC (e.g. details of organisational expertise and Responsible Managers, compliance arrangements, risk management, etc.)
  • Providing guidance and plain English instructions on proofs that must be prepared by you
  • Reviewing an application prepared by you but not yet submitted to ASIC
  • Acting as point of contact with the ASIC assessor considering the application.

 

AFSLs we’ve helped our clients obtain:

  • Financial Planning licence
  • Stock brokers licence
  • Foreign exchange licence
  • CFDs licence
  • Managed Funds licence
  • Limited licence (for accountants)
  • … and more

AFSL Application / Variation Packages

While we would love to provide a standard pricing for AFSL applications and variations, after preparing hundreds of applications, we realise that standard pricing doesn’t work.  Instead, we provide a tailored quote for our AFSL applications.  Factors we consider in setting our price include:

  • The authorisations being sought
  • The number (and experience) of responsible managers you nominate
  • The amount of support you are seeking to complete the application and supporting proof documents
  • Whether you need access to a Compliance Manual

Contact us to request a quote

Obtaining an Australian Financial Services Licence (AFSL)

You may be asking yourself, “do I need an AFSL?” and are trying to come to grips with the process.  In this video, hear from one of the partners at Holley Nethercote, Paul Derham, about what’s involved in the AFSL application process and the 4 key decisions you need to make before you commence the process.

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