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The financial services regulator has released an information sheet on limited Australian Financial Services Licences (AFSLs), explaining in further detail their definition and scope.
In its Information Sheet 179: Applying for a limited AFS licence, the Australian Securities and Investments Commission (ASIC) has provided guidance on the regulator's licensing application process, and how it will apply to those seeking a limited AFSL.
According to ASIC, applicants can create different combinations when it...