How to obtain an AFSL? What is an AFSL holder? AFSL holders must review their compliance documents on a regular basis to ensure they remain current and adequately reflect your business. Most AFSL and ACL holders conduct an external compliance review at least once every months.
The review will cover your compliance documentation, procedures and processes to ensure that they meet regulatory requirements and your AFSL or ACL authorisations and conditions. An external AFSL compliance review is a ‘health check’ for the organisation.
Sophie Grace will conduct the external compliance review at your office. It involves careful evaluation of the policies and procedures against the regulatory requirements imposed on the licensee, and testing of the licensee’s level of compliance with such documents. Once teste complying Lots are certified through the application a high security, non-removable sticker to each shipping carton within the Lot. We service both Australian and international clients across the financial sector. Australian Financial Services Licensees and Corporate Authorised Representatives.
We make it easy and inexpensive to obtain your own licence by taking care of the process from beginning to end. We provide ongoing support to over 1self-licensed financial planning practices. You can have confidence that you are getting support from an experienced compliance professional.
Keeping your business compliance documentation and procedures up to date and in a readily accessible structure is a critical business issue once you have gained an AFSL Licence. Our innovative suite of documentation is designed with a bare minimum of client customisation and maintenance in mind. Good compliance is essential for the survival of your business when you move into the AFSL regime.
The portal will replace existing submission channels. Monitor, manage and automate your AFSL responsibilities. Visual Process Designer. Architect, Integrate and automate.
A licensee compliance manual documents how you will satisfy your general conduct obligations as a licensee. It provides guidance and support through policies, registers and checklists. Whether you are applying for an AFSL or varying your current AFSL , Gcan guide you through the regulatory procedures for a successful outcome. We’re lawyers and compliance professionals who’ve worked for regulators and in business. We know financial services.
And we know how to make it work for your business. This guide sets out the financial requirements you must meet as the holder of an Australian financial services (AFS) licence. The information in your application must be correct and complete, and your core proofs must be lodged promptly after submitting the online application. AFS licensee (such as training, compliance , insurance and dispute resolution).
Key Challenges for RMs.
Compliance Manager Course. Our compliance services include the design and delivery of solutions focused on creating adviser efficiency, optimising performance AND protecting. The laboratory randomly selects samples from the shipment and tests them for compliance with the AFSL standards.
If the sample meets all requirements, an AFSL certification sticker is applied to each shipping carton in the tested lot. The stickers have high-security features built in to prevent duplication and tampering. The Process Designer also allows you to build your own processes around what occurs when entries are made to any of these registers ensuring your procedures are always followed inline with your AFSL Policies. The second part of an AFSL audit relates to compliance with certain parts of the corporations act, for the purpose of allowing us to sign off on the ASIC form FS71. Applying for an AFSL and require compliance assurance regarding client file quality.
Accountants seeking compliance support. Legal and regulatory compliance information. Plenti is regulated by the Australian Securities and Investments Commission (ASIC) and is the first peer-to-peer lending company in Australia to be licensed to accept retail investors.