AFSL Applications and Variations
Applying for an Australian Financial Services Licence will be a quantum leap for many. Before you get started, you should know if this is right for you.
Our services include:
- Sitting down with you to help you understand:
– whether it is right for you;
– what you need to do; and
– how you should do it. - Leading and managing the application process for you with ASIC.
- Helping you get set up so you can focus on the ‘business side’ of your business.
Integrity Compliance can work with you on a range of compliance projects.
Our services include:
- Leading licensee policy and process reviews
- Leading and managing client review / remediation programs
- Leading advice pre-vet programs
- Leading business acquisition due diligence
- Designing compliance matrices and frameworks specific to your business
Compliance Projects
Incident Management
Incidents often happen when you least expect them to.
The key is being able to manage it and not let it grind your business to a halt. We have run multiple ASIC engagement projects - remediation, ongoing monitoring programs and acting as independent experts.
Our services include:
- Assisting you in meeting your breach reporting obligations
- Assisting you in your engagement with the regulators (remediation projects, surveillance, notice to produce)
- Assisting and representing advisers and AFSLs in ASIC hearings
We have presented at industry conferences as subject matter experts in compliance.
We provide regular training on topical matters and can tailor training programs based the risks areas we see across all our clients.
If you have particular areas you would like training on for you or your representatives, we can design the framework for you.
Our services include:
- responsible manager training
- specific subject matter training
- targeted risks based training identified in your business
Team Training
Ongoing Support
Ongoing compliance support is the most critical part of running your AFSL.
If you already have your AFSL and you’re enjoying the powers of freedom but you prefer not to do the compliance that comes with it, we can do most of the heavy lifting with you (or for you).
Our services include:
- Completing an initial AFSL Health Check
- Creating systems and frameworks based on your business to help you monitor the compliance of your representatives
- Carrying out advice file audits and pre-vets
- Attending your risk and compliance committee meetings as an independent external member
- Reviewing and updating your compliance policies and registers
- Providing you with regulatory updates and analysis
- Training and vetting new advisers who have on-boarded your business
"My role is to provide confidence that if the regulator knocks on the door, risk has been mitigated as much as possible."
Rhett Das, Managing Director
See what Gavin thinks about working with us.
Why did you decide to work with Integrity?
"We wanted to work with a group that lived and breathed the same values as us and saw our relationship as a partnership and an extension of our license. We have been working with Rhett and the team now for a year and we really feel like we have learnt so much about how we can continue improving the way we deliver advice to our clients as well as running a license with strong governance at its core."
Gavin Glozier, CEO and Principal
Your Wealth Hub Advice
Being able to get support quickly for our community around ‘what if’ and other hypothetical situations around client scenarios and governance
Having an experienced partner who is across the inner workings of our license that can help us identify risks and have a plan to reduce these.
I would strongly recommend the team to other licenses who value governance and who want to proactively make a difference in their AFSL for their advisers and FP client.