ASIC makes unique AFSL decision on foreign adviser

The corporate regulator has granted relief to an overseas adviser from holding an AFSL in order for them to continue advising two clients who had relocated to Australia.

In outlining its latest decision on relief applications from April to September, ASIC said it granted relief to an adviser regulated by the Ontario Securities Commission in Canada from the requirement to hold an AFSL.

Read more at the IFA.

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