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FAQ

What financial requirements must AFSLs meet?

ASIC expects licensees to remain financially viable and able to meet obligations as they fall due.

In practice, this involves maintaining financial projections, monitoring solvency, and holding appropriate capital reserves based on business risk.

Risk increases where financial resources are marginal or not actively monitored.

Why it matters

Financial weakness is treated as a compliance risk and may result in licence conditions or regulatory action.

Practical guidance

  • Maintain current financial projections
  • Hold capital buffers aligned to risk
  • Review financial position regularly

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