Monitoring and Supervision
Monitoring and Supervision - AFSL
Version 8.3 -
Last updated: 6 Oct. 2023
This bundle provides guidance for AFS licensees on how to implement a monitoring and supervision process that helps ensure compliance with the financial services laws. It also contains documents to assist with the remediation process and other related matters. The bundle has been prepared in light of the Corporations Act 2001 (particularly section 912A) and ASIC’s RG 104 (Licensing: Meeting the general obligations), RG 175 (Licensing: Financial product advisers – conduct and disclosure) and RG 277 (Consumer remediation).
Included documents
| Document | Version | Type | Date |
|---|---|---|---|
| Client Remediation Policy - AFSL | 2.0 | Policy | 27 Oct. 2022 |
| Monitoring and Supervising Representatives Policy - AFSL | 3.1 | Policy | 6 Oct. 2023 |
| Monitoring and Supervision Register - AFSL | 2.0 | Register | 13 Nov. 2020 |
| Client Remediation Plan Template - AFSL | 2.0 | Tool | 27 Oct. 2022 |
| Monitoring and Supervision Checklist - AFSL | 2.0 | Tool | 8 Sept. 2022 |
| General Advice Review Template - AFSL | 2.0 | Tool | 8 Sept. 2022 |
| Personal Advice File Review Template - AFSL | 2.0 | Tool | 8 Sept. 2022 |
| Representative Review Template - AFSL | 2.0 | Tool | 8 Sept. 2022 |
| FSG Checklist Template - AFSL | 3.0 | Tool | 30 March 2023 |
| ROA Checklist - AFSL | 2.0 | Tool | 8 Sept. 2022 |
| SOA Checklist - AFSL | 3.0 | Tool | 8 Sept. 2022 |
| Withdrawal of Authoriser Consent - AFSL | 1.0 | Tool | 8 Sept. 2022 |
| Revocation Form – Authorised Representative - AFSL | 1.0 | Tool | 8 Sept. 2022 |
| Revocation Form – Employee - AFSL | 1.0 | Tool | 8 Sept. 2022 |
| Checklist for Monitoring a Corporate Authorised Representative - AFSL | 1.0 | Tool | 8 Sept. 2022 |
| Checklist for PDS Content - AFSL | 1.0 | Tool | 18 Nov. 2022 |
| Quick Guide - What Tool to Use When - AFSL | 1.1 | Guide | 24 Aug. 2023 |