Applications for an AFS licence
- Overview of business (including identification of educational qualifications and relevant experience of nominated responsible manager/s)
- Identification of licence authorisation requirements
- Preparation of supporting documentation
- Preparation and lodgement of AFS licence application
Compliance Support Services – Licensee
- Annual licensee reviews (assuming no MDA or responsible entity activities) together with a Compliance Committee management meeting following the review. Includes scheduling and facilitating, recording and documenting
- Regular updates on ASIC/Corporations Law issues (tailored regulatory update newsletter service as provided by Compact – Compliance and Corporate Training
- Online compliance manual
- Phone and email support
- Fact Finder template
- Provision of templates for notification to fund managers of changes in client servicing rights
- Breach register template
- Compliance register template
- Conflicts of interest register template
Compliance Support Services – Representatives
- Annual reviews – three client files per representative
- RG 146 administration – development of training plans, training material and maintenance of training register (all through Kaplan Ontrack)
Compliance Consulting Services
- Assignments as specified by the licensee (eg applications for variation to existing licences, help in preparation for ASIC surveillance visits etc)
Research
- Negotiated rates with research houses such as Van Eyk
Professional Indemnity Insurance
- Introduction to an insurance broker who approves of the My Dealer Services compliance offering
