AFSL for Sale

Australian Financial Services License (AFSL) for Sale

Key Features:

License commencement: 2016
Expanded authorization in 2024 to include Non-Cash Payment (NCP) permissions
Authorised activities:
General financial product advice for:
• Deposit and payment products (basic, other than basic, and non-cash payment products)
• General insurance products
• Interests in managed investment schemes (including investor-directed portfolio services)
• Securities
Dealing in financial products by:
• Issuing, applying for, acquiring, varying, or disposing of non-cash payment products
• Acting on behalf of clients for deposit products, insurance products, managed investment schemes, and securities
Clients: Retail & Wholesale
2 Responsible Managers (current fee: ~AUD 6k + GST per month)
1 for NCP & Deposits
1 for MIS & Securities (replacement needed; vendor can assist in sourcing)
No ASIC investigations or client complaints
Industry Funding Levy (last year): AUD 2,054
Annual Audit Fee: AUD 2,500
Ongoing contracts: Insurance & RMs

Jurisdiction Overview:

Australia is a premier jurisdiction for regulated financial services, supervised by ASIC under the Corporations Act. Holding an AFSL provides credibility with investors and business partners, opening access to both retail and wholesale clients across a wide scope of financial products.

Why This AFSL?

Broad authorisations covering deposits, insurance, MIS, securities, and NCP products
Retail & wholesale permissions expand client opportunities
No history of complaints or regulatory investigations
Established since 2016, ensuring regulatory track record and stability
Vendor support to replace RM if buyer does not have one
Turnkey entry into the Australian financial market with clean compliance standing