The following is an opportunity to buy an AFS license in Australia issued in June 2019. The list of authorizations available by holding this license is provided below.
Australian financial services license for sale: details of the transaction
By holding this permission, a licensee is eligible to perform the following services:
- offer financial product advice for the following classes of financial products:
- deposit and payment products;
- derivatives;
- Forex contracts;
- debentures, stocks or bonds issued or proposed to be issued by a government;
- life products including investment life insurance products as well as any products issued by a Registered Life Insurance Company that are backed by one or more of its statutory funds; and life risk insurance products as well as any products issued by a Registered Life Insurance Company that are backed by one or more of its statutory funds;
- interests in managed investment schemes including investor directed portfolio services and MDA services;
- retirement savings accounts (“RSA”) products (within the meaning of the Retirement Savings Account Act 1997);
- securities;
- standard margin lending facility;
- superannuation; and
- miscellaneous financial investment products limited to MDA services;
- deal in derivatives, interests in managed investment schemes limited to MDA services; and miscellaneous financial investment products limited to MDA services;
- applying for, acquiring, varying or disposing of a financial product on behalf of another person.
- Other services.
The licensee ca service only retail and wholesale clients.
More information regarding this opportunity is available on request.
Email: Sophie.k@eternitylaw.com
Telegram: @sophieternitylaw