Australian AFSL License

Why apply for an Australian AFSL?

If you wish to operate one of the following businesses in Australia，The law requires that an application be filed for an Australian financial license：
1. Comprehensive Pension System、Insurance、Institutions Operating in the Deposit and Loan Industry；
2. Domestic banking institutions and branches of international banks operating in Australia；
3. Securities、Futures、Foreign Exchange、Financial institutions engaged in financial transactions, such as financial derivatives；
4. All institutions engaged in providing information and consulting services related to financial products；
5. All financial industry professionals must be licensed to work.，and conduct financial business in accordance with regulations。

Benefits of Applying for an Australian AFSL：

1. Improved Government Functions，Independently Manage Financial Markets
2. A Comprehensive Regulatory Framework，Balancing Supervision and Management
3. In financial operations，Assist and Protect Retailers and Customers
4. Focus on protecting investors' rights and interests，The FOS dispute resolution body was established
5. There are strict penalties for any violation of the law.
6. More Transparent and Fair Information Disclosure，Safeguarding the Public Interest
7. Improving Service Quality Through New Technologies and Processes

In accordance with the regulations，Any company engaged in the following types of business must hold an AFSL license：

1.Provide clients with advice on financial products。
2.Trading Financial Products。
3.Provide a market for financial products。
4.Operating a Registered Financial Business。
6.Provides traditional trust company services。

When applying for an AFSL in Australia, please note the following information:：

1.Company application or individual application；
2.All company registration information and personal identification information will be displayed on the financial services regulatory website.；
3.If the applicant is an institution or organization，It is important to note what type of organization it is.，Trust Institutions，Fund，Association，Organizations, etc.
(What Kind of Trust)，What Kind of Fund?，(What kind of association?)；
4.Name of the Information，Address，Website，Members，Architecture，Market，Number，Contact details, etc.；
5.Major Categories of Financial Services Requiring Authorization；Describe each major business category separately，Nature of Business，Specific Business Information (Products)，(List of Services)；
6.Volume of Financial Services Transactions，Counterparty，Transaction Methods, etc.；
7.Is it necessary to restrict the areas of development for institutions and investors, among others?，and perform authorization tasks, etc.；

License Application Process：

1、Registering an Australian Company;
2、Assist clients in obtaining notarized certificates of no criminal record for directors;
3、Writing a Business Plan、and the operational plan;
4、Preparing and Writing Application Materials;
5、Drafting Anti-Money Laundering Regulations and Anti-Terrorist Financing Regulations，and the daily operational procedures for the regulations;
6、Submitting a License Application to ASIC in Australia;
7、During the application process，Responsible for responding to questions raised by ASIC。