Financial Services

The Treasury Laws Amendment Bill 2026 introduces key Australian Financial Services Licence exemptions for Foreign Financial Service Providers, commencing on 9 April 2027. Core pathways include Comparable Regulator, Professional Investor, and Market Maker exemptions, aimed at facilitating compliance for global firms. Transitional relief remains until 31 March 2027, ensuring a smooth transition.

Australia has implemented new AFSL requirements for crypto exchanges and custodians, following the passage of the Corporations Amendment (Digital Assets Framework) Bill 2025. Effective from April 2027, digital asset service providers must obtain an AFSL and comply with regulatory guidelines, marking a significant change in the Australian crypto landscape.

ASIC’s updated Information Sheet 225 outlines the AFSL requirements for crypto businesses, detailing financial product classifications for digital assets, with a focus on operational expectations. The guidance includes a June 30, 2026 “No-Action” deadline for compliance, emphasising the need for thorough legal assessments and potential consequences for non-adherence.

Establishing a digital currency exchange (DCE) in Australia, in most cases, now falls under a “dual-regulator” framework including requiring both registration with AUSTRAC and AFSL licensing granted by ASIC, where a DCE is deemed to be providing a financial service, relating to a financial product. Comprehensive licensing management is essential to navigate these requirements effectively.

Businesses with an Australian Credit Licence must comply with the National Consumer Credit Protection Act. Engaging an ACL compliance expert offers cost savings, expertise, and reduced workload, enhancing operational focus. Adria Group specializes in assisting Credit Licensees with compliance implementation and monitoring, ensuring adherence to obligations while boosting revenue potential.

Businesses providing credit services in Australia must consider whether to obtain an Australian Credit Licence (ACL) or remain an Authorised Credit Representative (ACR). Each option has distinct advantages, including flexibility and ownership under ACL, and reduced liability with compliance support as an ACR. Weighing these factors is crucial for decision-making.

The Australian Credit Licence (ACL) is essential for finance businesses engaging in credit activities as defined by the National Consumer Credit Protection Act. Obtaining an ACL requires demonstrating qualifications and experience through Responsible Managers. Businesses like banks, brokers, and lenders typically need licensing, with exemptions available for credit representatives.

Financial services businesses with an Australian Financial Service Licence (AFSL) must comply with a wide range of laws and regulations. Engaging an AFSL compliance expert provides cost efficiency, specialised knowledge and reduced workload. Adria Group offers tailored compliance programs to help AFS licensees maintain adherence to regulations and focus on their core operations.

When establishing a financial services business in Australia or deciding to grow your existing financial services business, it is important to consider whether you should obtain an AFSL or be a CAR of an AFSL. Adria Group offers expert assistance to help navigate these decisions and optimise operational goals.

For businesses in the financial services sector in Australia, obtaining an Australian Financial Services Licence (AFSL) is crucial unless exempt. An AFSL, issued by ASIC, allows the provision of various financial services. Adria Group offers assistance in securing an AFSL.