RG 176 Foreign financial services providers
Issued 29 June 2012
This guide is for foreign financial services providers (FFSPs) that are regulated by an overseas regulatory authority and that wish to provide financial services in Australia to wholesale clients only.
It explains when we may exercise our discretion to exempt FFSPs from the requirement to hold an Australian financial services (AFS) licence under s911A(2)(h) of the Corporations Act 2001.
Note: RG 176 is currently under review. See Consultation Paper 301 Foreign financial services providers for further information