Home > Regions > Asia Pacific > Fintech and alternative financial product series – Part 4: What do you need to know about applying for an Australian Financial Services Licence?

Fintech and alternative financial product series – Part 4: What do you need to know about applying for an Australian Financial Services Licence?

Certain types of alternative finance or tech businesses will need to get an Australian Financial Services Licence (AFSL).  This is because your product or service could be classified as:

  • providing financial product advice to clients;
  • dealing in a financial product;
  • making a market for a financial product;
  • operating a registered scheme;
  • providing a custodial or depository service, or
  • providing traditional trustee company services.

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