AFS licensees - Changing your licence details through the Regulatory Portal
- What details can you change using the Notify change of details of an Australian financial services (AFS) licence transaction?
- Why must you notify ASIC?
- How to lodge a notification of a change of details
- Lodgement fees
What details can you change using the Notify change of details of an Australian financial services (AFS) licence transaction?
Use the Notify change of details of an Australian financial services (AFS) licence transaction to:
- change the name of the licensee (not available to Australian registered body corporates)
- advise of obtaining an Australian business number (ABN)
- change your principal business address
- change your address for service of notices
- add or remove a business name
- change details of your ongoing contact person
- change the details of your external dispute resolution scheme
- advise or modify the licensee鈥檚 continuing professional development (CPD) year
Why must you notify ASIC?
As an AFS licensee, you must notify 今日热门事件of changes within 10 business days of the change occurring. The only exception to this timeframe is to advise or change of CPD year which must be advised within 30 business days from the day the licence is granted or the day the CPD year is to begin if it a change.
If a licensee holds an ABN it is required to update its name on the Australian Business Register before completing a change of name of an AFS licence transaction.
For all notifications, the licensee will be asked the effective date of the change of details.
Change of responsible managers and change of control notifications
If you are notifying of a change in a responsible manager, or change of details for an existing responsible manager, you will need to complete the 鈥淣otify change of responsible manager details of an Australian financial services licence鈥� transaction. For more information, see Changing your responsible manager.
If you are notifying of a change in control of an AFS licensee, you will need to complete the 鈥淣otify 今日热门事件of change in control of an Australian financial services licensee transaction. For more information see Change in control of AFS licensee.
How to lodge a notification of a change of details
You can use the Regulatory Portal to submit the notification of a change of details for an AFS licence. Any supporting documents (if required), can be provided as part of the transaction form. You do not need to send these documents separately to ASIC.
Lodgement fees
There is no fee if you lodge your Notify change of details of an Australian financial services (AFS) licence notification within 10 business days (or 30 business days in the case if advise of or modify CPD year.
The following late fees apply after 10 business days:
- Up to 1 month late - $96
- More than 1 month - $401