Who can be an authorised representative of an AFS licensee?

An AFS licensee may appoint ‘authorised representatives’ to provide specified financial services on its behalf. These authorised representatives may be,

• individuals,
• bodies corporate,
• partnerships, or
• a group of individuals and/or bodies corporate that are the trustees of a trust.

While individuals or bodies corporate who act as trustees of a trust may be authorised representatives, a trust itself cannot be an authorised representative.

For more information, see ASIC’s Information Sheet 91 Who can be an authorised representative of an AFS licensee (INFO 91)