Drop us a line today for a chat about how we can help you manage your AFSL compliance.
Integrity Compliance offers support in many ways. We find our clients either prefer to do it themselves with support from us from time to time (DWY), or they need a full suite of services (DFY), outsourcing the compliance function of their business to us so they can focus on client engagement.
Whichever style you lean towards, we can help you ensure your compliance system runs efficiently and you remain up to date on regulatory changes before they occur, so you’re prepared for changes as they happen.
We encourage you to stay in communication with us about the level of service you require. It will change over time and we are always here to support your changing needs.
Compliance is a fluid and evolving mechanism of Australian financial services that requires regular monitoring and adjustment. We are here to help you navigate the changing landscape in a way that best suits your business.
Our Flexible Consulting Options
Advice File Audits
Advice file audits for Authorised Representatives of the Licensee.
Assess each file against relevant requirements of the Corporations Act and ASIC guidance.
Detailed report together with any remediation action items that may be required.
Advice Pre-Vetting
Advice file pre-vets for Authorised Representatives of the licensee.
Assess each file against relevant requirements of the Corporations Act and ASIC guidance.
Detailed commentary to assist in the update of the document in order to achieve a pass.
Licensee Health Check
We review your policies, processes and procedures against current legal and regulatory requirements.
We provide findings and recommendations in a comprehensive health check review report.
Customised Training
We develop customised training for AFSL PD Days.
We present training material at licensee PD Days and training sessions.
We can also target risks based training identified in the firm.
Policy Review & Development
We review or develop new and customised policies for licensees, having regard to the Corporations Act and ASIC guidance.
Templates Review
We review your templates and provide feedback and comments having regard to the Corporations Act and ASIC guidance.
Remediation Programs
We design, review, and facilitate remediation programs for files identified by ASIC to have failed best interests and appropriateness tests.
We conduct an independent review of the files to establish if any potential loss has been incurred by the client due to advice given by an authorised representative.
We prepare review reports in respect of each file including recommended remediation action.
We schedule meetings with you to track the ongoing progress of the review and remediation program.
Incident Management & Independent Expert Services
We help you meet your breach reporting obligations.
We assist you in your engagement with the regulators regarding remediation projects, surveillance, and notices to produce.
We also act as independent experts in enforceable undertakings and assist and represent advisers and AFSLs in ASIC hearings.
Due Diligence
We provide you with an independent review when onboarding authorised representatives, identifying key areas of concern.
We also conduct business acquisition due diligence identifying key areas of concern.
Ongoing Support and AFSL Applications
Essentials
Essential support for small Licensees that prefer to self-manage
- Quarterly compliance meetings
- Policies supplied and updated
- Regulatory updates and analysis
- Compliance framework & calendar
- Compliance registers
- Basic technical support
- Integrity Connect
- Regular newsletters
Complete Solution
Premium
Everything from Essentials plus more
- Quarterly compliance meetings
- Quarterly compliance meeting minutes
- Two client file audits
- Policies supplied and updated
- Regulatory updates & analysis
- Compliance framework & calendar
- Monitored compliance registers
- Comprehensive technical support
- Integrity Connect
- Regular newsletters
AFSL Applications
Apply for or vary your AFSL
- Complete application management
- Business description & proof preparation
- Document lodgement
- Liaison with ASIC
- Complete variation management
- Proof preparation & lodgement
- Liaison with ASIC
Our clients benefit from our expertise
Beyond mere transactions, we’re focused on fostering meaningful experiences that transcend typical client relationships.
MTIS Private Wealth was established in 2015 and is currently the licensee to a number of authorised representatives. Our business provides financial advice and general advice. It became evident that due to our complex structure which includes advisory services, media services and separately managed accounts business, a stringent compliance regime needed to be in place. We were referred to Integrity Compliance and came to the quick realisation that the team at Integrity Compliance were just what we needed. Their experience was essential in ensuring we remain compliant at all times. Rhett has been at all times available to us in the event we need to run things by him and always happy to assist. Integrity Compliance are a terrific support to the management of MTIS Private. Since engaging Integrity Compliance, we have been able to focus on growing the business with the full confidence that the team stands beside us in meeting our compliance obligations.
Anna Garuccio
Director, Investment Strategists (MTIS)
We have been working with Rhett and iCompliance now since 2016, since we decided to pursue the idea of obtaining our own Australian Financial Services license. Rhett helped us through the process of applying to ASIC for the license and was with us every step of the way until our license was granted and now, iCompliance continues to assist with our ongoing compliance position. The superior knowledge of the law and compliance that Rhett and his team have gives me comfort every day knowing that we are in the right hands and are proceeding down a path that is going to keep us out of trouble and ensure that we always maintain our documentation and compliance to the highest standard of legal, compliance and regulation.
There is never a question that Rhett and the team don’t know the answer to or can’t find the answer to. These guys are an amazing resource to have in your corner. iCompliance makes compliance a breeze with the proactive and innovative approach that Rhett and the team take. I feel in very safe hands with iCompliance.
Footnote: Not to mention Rhett is a really top bloke who I’m sure anyone would be happy to call a mate.
Dane Jansen
Positive Dynamics
RGM Financial Planning engaged the services of Integrity Compliance to assist with AFSL variations and for ongoing Responsible Manager training and compliance support. We previously obtained these services from a large Institutional provider but were dissatisfied with their one-size-fits-all approach. Rhett was referred to us by a professional colleague and we have found the personalised touch and face to face contact very refreshing. Rhett is knowledgeable, approachable and accessible. He and his team deliver a tailored solution at an affordable price. At this stage we couldn’t be happier with the service provided.
Vince Peluso
RGM Financial Planners Pty Ltd
Having known Rhett and his team for many years, when we decided to get our own AFSL we immediately engaged him for both establishing our AFSL and also the ongoing compliance work. The quarterly meetings, together with 4 audits per year for each of our AR’s is integral to us in ensuring we remain at the top of our game from a compliance point of view. Whenever we have a question or need a policy updated the team are quick at responding which is so re-assuring that we have them covering our compliance, it’s one less thing to worry about when running a business and AFSL.
Jenny Brown
JBS Financial Strategists
Contact Us
We have offices in Victoria and Queensland and proudly support boutique Licensees across Australia both virtually and in person.
1300 416 736
info@icompliance.com.au
Level 1
231 Glenferrie Road
Malvern VIC 3144
Let's Connect
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