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

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.