RG 166 Licensing: Financial requirements

Issued 1 July 2015

This guide sets out the financial requirements you must meet as the holder of an Australian financial services (AFS) licence. The requirements vary depending on the financial products and services you offer.

Information for licensees entering into a Deed of Subordination (Pro forma 63) or Deed of Mutual Release (Pro forma 225)

If you are a body regulated by the Australian Prudential Regulation Authority (APRA), as defined in s3(2) of the Australian Prudential Regulation Authority Act 1998 (APRA Act), and are not required to comply with s912A(1)(d) of the Corporations Act 2001 (Corporations Act), RG 166 does not apply to you.

Note: From 1 July 2015, if you are the holder of a registrable superannuation entity (RSE) licence from APRA that is also authorised to operate registered managed investment schemes, you will be required to comply with s912A(1)(d).

Download RG 166 (PDF 926 KB)

Read the regulation impact statement (PDF 338 KB)

Read the regulation impact statement (special custody assets) (PDF 383 KB)

Last updated: 23/06/2016 02:57