Manual
Running an AFSL: Compliance Manual - AFSL
Last updated: 19 March 2024
An Australian Financial Services (AFS) licence holder is required to have procedures in place to comply with its 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.
Each of the procedures and templates below, once tailored to your business, forms part of a body of documentation that can help demonstrate to ASIC that you will, and do, meet your obligations under your AFS licence.
The following is a list of core obligations addressed in the manual:
- Compliance
- Adequate Resources
- Appointments and Terminations
- Complaints
- Conflicts of Interest
- Design and Distribution
- Handling Client Money
- Monitoring and Supervision
- Outsourcing
- Promotional Material, Marketing and Anti-Hawking
- Reporting Obligations
- Risk Management
- Training
This Compliance Manual has been prepared for licensees that service retail and wholesale clients. To download our Compliance Manual for wholesale clients only, see our Running an AFSL Compliance Manual - Wholesale.
Included documents
| Document | Version | Type | Date |
|---|---|---|---|
| AFSL Compliance Policies - AFSL | - | Compilation | 19 March 2024 |
| Running an AFSL – Tools - AFSL | - | Compilation | 12 March 2024 |
| Appointing a Representative Checklist (Financial Adviser) - AFSL | 2.0 | Tool | 10 Feb. 2022 |
| Appointing a Representative Checklist (Non Financial Adviser) - AFSL | 2.0 | Tool | 1 Oct. 2021 |
| Breaches and Incidents Register - AFSL | 7.0 | Register | 1 Dec. 2023 |
| Complaints Register - AFSL | 3.0 | Register | 9 Dec. 2022 |
| Guide to IDR Reporting - AFSL | 2.0 | Guide | 14 Nov. 2023 |
| Conflicts of Interest Register - AFSL | 2.0 | Register | 14 Dec. 2022 |
| CPD Plan and Register (Excel Version) - AFSL | 7.0 | Register | 9 May 2023 |
| CPD Plan and Register (Word Version) - AFSL | 3.0 | Register | 9 May 2023 |
| General Advice Review Template - AFSL | 2.0 | Tool | 8 Sept. 2022 |
| Logbook Hours - AFSL | 1.0 | Tool | 15 June 2022 |
| Monitoring and Supervision Register - AFSL | 2.0 | Register | 13 Nov. 2020 |
| Offboarding a Representative Checklist - AFSL | 1.0 | Tool | 27 April 2023 |
| Personal Advice File Review Template - AFSL | 2.0 | Tool | 8 Sept. 2022 |
| Provisional Relevant Provider Professional Year Plan Template - AFSL | 2.0 | Tool | 15 June 2022 |
| Quick Guide - What Tool to Use When - AFSL | 1.0 | Guide | 16 June 2023 |
| Representative Register - AFSL | 1.0 | Register | 1 Jan. 2018 |
| Representative Review Template - AFSL | 2.0 | Tool | 8 Sept. 2022 |
| Risk Register - AFSL | 2.1 | Register | 7 July 2023 |
| Soft Dollar Register - AFSL | 2.0 | Register | 15 June 2023 |
| Target Market Determination - Payments - NCP Facilities - Forward Foreign Exchange Contracts - AFSL | 2.0 | Tool | 7 Oct. 2021 |
| Target Market Determination - Payments - NCP Facilities - Spot Foreign Exchange Contracts - AFSL | 2.0 | Tool | 7 Oct. 2021 |
| Target Market Determination - CFD Provider - AFSL | 3.0 | Tool | 19 Oct. 2023 |
| Target Market Determination Checklist - Product Issuer - AFSL | 1.0 | Tool | 19 Oct. 2023 |