Australian Financial Services Licence
Administered by: Australian Securities and Investments Commission / Investors and Financial Consumers
When is this licence required?

You may need this licence if your business intends to engage in one or more of the following activities:

  • providing financial product advice
  • dealing in financial products
  • making a market in financial products
  • operating a registered managed investments scheme
  • conducting crowd-funding campaigns
  • providing custodial or depository services
  • providing claims handling and settling services for insurance products.

Depending on your circumstances, you may be exempt from the requirement to hold a licence, or you may be allowed to provide financial services under a limited licence.


What are the eligibility requirements for this licence?

To be eligible for this licence you must:

  • meet approved qualification and competency standards and / or have practical experience
  • have sufficient financial resources to carry on the proposed business
  • be able to meet certain obligations as a licensee such as training, compliance, insurance and dispute resolution.

How much does this licence cost?
Application Fee information is in the attached fee resource.

How often do you need to apply for this licence?
Duration: As specified

Are there any specific application requirements?
Lodgement

Please lodge your completed application with supporting documentation with the agency.



What forms are available?

What legislation specifies this requirement?
  • Corporations Act 2001
  • Corporations Regulations 2001

Who can you talk to for more information?
Customer Contact Centre
Investors and Financial Consumers
Australian Securities and Investments Commission
Telephone: 1300 300 630


More Information

Last updated: 22/11/2021 15:39:41

This information has been provided by the SBDC's Business Licence Finder.

For further information contact SBDC.

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