Australian Financial Services Licence (AFSL), ACL applications and variations

The AFSL or ACL is essential for businesses offering particular financial services in Australia, and obtaining one requires careful navigation of regulatory requirements. Whether you are applying for a new AFSL/ACL or seeking a variation to your existing licence, our team provides detailed assistance. We help prepare application materials, ensuring that your application addresses the Australian Securities and Investments Commission (ASIC) requirements. Our team ensures that you meet the necessary financial, operational, and compliance standards to secure the AFSL/ACL or variation, and we assist with addressing any regulatory queries or challenges that arise.

Foreign financial service provider applications

Foreign financial service providers must meet specific regulatory obligations when operating in Australia. If your business is based outside of Australia but intends to offer financial services to Australian clients, our team can assist with your foreign financial service provider application. We provide in-depth guidance on the process and help you navigate the complex regulatory framework that governs the conduct of foreign financial services in Australia. This includes ensuring compliance with the Australian Corporations Act and other ASIC’s requirements, allowing you to operate seamlessly within the Australian financial system.

 ASX/Cboe participant applications

Becoming an ASX market participant is a significant step for businesses wishing to trade, clear or settlesecurities inn the Australian market. Our professional team provides expert assistance in the application process for ASX trading, settlement, and clearing participants. We guide you through the requirements set by the ASX and help ensure that your application is robust and comprehensive. Whether you are applying for initial participation or need to amend your existing status, we assist with compliance, documentation, and ongoing liaison with the ASX to ensure a smooth application process.

Cboe trading participant applications and variations

Similar to ASX participation, applying to be a Cboe Trading Participant involves a specific set of regulatory requirements. If your business wants to participate in the Cboe market, our team offers comprehensive assistance with your application or variation process. From reviewing the eligibility criteria to preparing and submitting the necessary documentation, we ensure your application aligns with Cboe’s regulations and operational requirements. Whether you are a new applicant or seeking a variation to your current participant status, we provide support at every step to guarantee compliance and successful market entry.

 Assistance with responses to regulators

During the application or variation process, you may receive requests for additional information or clarifications from the regulators, such as ASIC, ASX, or Cboe. Our team of experts offer expert support in preparing timely and accurate responses to regulatory queries. We ensure that your responses address all concerns raised by the regulator and align with Australian financial services regulations. By handling these interactions professionally and efficiently, we help you navigate any potential obstacles in the application process, minimising potential delays and improving your chances of a successful outcome.

 Regulatory notifications assistance

As part of the application or variation process, businesses must schedule, review, and deliver regulatory notifications to the relevant authorities. These notifications are crucial in ensuring that your business remains compliant with all legal and regulatory obligations. Our team provides guidance on scheduling, reviewing, and delivering the necessary notifications throughout the application process. Our team of professionals ensure that all required notifications are sent in a timely manner and meet the relevant regulatory standards, helping your business stay compliant and avoid unnecessary penalties or delays.

• Industry expertise – We have extensive experience navigating AFSL conditions, enforceable undertakings, and other enforcement actions.
• Tailored solutions – We customise our services to meet your specific needs and regulatory obligations, ensuring the best possible outcome.
• Proactive approach – We assist you in identifying potential challenges early on, preventing unnecessary issues with regulatory compliance.
• Efficient and effective responses – We manage interactions with regulators, ensuring timely and accurate responses to any requests or queries.