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Financial Services Licensing
Licensing developments relevant to authorisations, representatives, reportable situations, supervision and the systems used to demonstrate compliance with general obligations.
Questions for compliance teams
What to keep in view
- Are activities and distribution arrangements within existing authorisations?
- Do escalation rules identify reportable situations consistently?
- Is oversight of representatives supported by reliable evidence?
Published intelligence
Updates on Financial Services Licensing
ASIC · 3 Aug 2026ASIC has applied to the Federal Court for orders restraining Royce Capital Investments, Royce (Aust) Real Estate, Louie Kortesis and Paul Chiodo from promoting or accepting Australian investment in three offshore funds, or financial products generally. ASIC alleges that Royce Capital raised $1.536 million from five Australian SMSF investors without holding an Australian financial services licence and that promotional brochures included misleading representations about guaranteed or fixed annual returns of 13 per cent.
Read briefing → Operational resources
Tools for this topic
ChecklistRegulatory change triage checklist
A disciplined first-pass assessment for consultations, guidance, enforcement signals and legislative developments.
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