Manual

Running an AFSL (W'sale): Compliance Manual - Wholesale

Last updated: 14 Sept. 2023

Wholesale AFSLs are still required to have procedures in place to comply with their licence obligations.

  • Do you know what your obligations are?
  • Do you comply?

Our suite of procedures and templates addresses the obligations imposed on AFS licensees under:

  • the Corporations Act 2001
  • the Corporations Regulations 2001
  • ASIC Regulatory Guides (RG)
  • Instruments
  • AFS licence conditions.

The following is a list of core obligations addressed in the manual:

  • Compliance
  • Adequate Resources
  • Appointments
  • Complaints
  • Conflicts of Interest
  • Handling Client Money
  • Monitoring and Supervision
  • Outsourcing
  • Promotional Material
  • Reporting Obligations
  • Risk Management
  • Training

We recognise that many of the requirements are reduced for wholesale AFSLs and this has been taken into consideration in our ‘Wholesale only’ version of the manual.

This Compliance Manual has been prepared for licensees that service wholesale clients only. To download our Compliance Manual for retail and wholesale clients, see our Running an AFSL Compliance Manual.

Included documents

Document Version Type Date
AFSL Compliance Policies - Wholesale - Compilation 14 Sept. 2023
Running an AFSL – Tools - Wholesale - Compilation 14 Sept. 2023
Appointing a Representative Checklist - Wholesale 1.0 Tool 15 Nov. 2022
Breaches and Incidents Register - Wholesale 2.0 Register 31 May 2023
Complaints Register - Wholesale 1.0 Register 15 Nov. 2022
Conflicts of Interest Register - Wholesale 2.0 Register 19 May 2023
CPD Plan and Register (Excel Version) - Wholesale 1.0 Register 15 Nov. 2022
CPD Plan and Register (Word Version) - Wholesale 1.0 Register 15 Nov. 2022
General Advice Review Template - Wholesale 1.0 Tool 15 Nov. 2022
Monitoring and Supervision Register - Wholesale 1.0 Register 15 Nov. 2022
Personal Advice File Review Template - Wholesale 1.0 Tool 15 Nov. 2022
Representative Review Template - Wholesale 1.0 Tool 15 Nov. 2022
Risk Register - Wholesale 2.0 Register 28 June 2023