RG 98 ASIC’s powers to suspend, cancel and vary AFS licences and make banning orders

Issued 20 September 2018

This guide is for Australian financial services (AFS) licensees, their representatives, and advisers.

It describes the administrative powers available to ASIC to enforce compliance with the Corporations Act 2001 (Corporations Act), including the financial services licensing provisions, by suspending, cancelling and varying AFS licences and making banning orders. It also indicates the matters ASIC generally takes into account when exercising these powers.

Download RG 98 (PDF 395 KB)

Last updated: 20/09/2018 12:00