Australian Financial Services Licence (AFSL) compliance services
We help AFSL holders design, implement & maintain compliance frameworks that match their authorisations, products & ASIC expectations. From obligations registers & calendars to breach management, monitoring & board reporting, we keep your AFSL settings aligned with how you actually operate.
AFSL compliance support for licensees
We work with AFSL holders & corporate authorised representatives who need practical compliance arrangements – not just paper frameworks. Our AFSL lawyers help you translate licence conditions, regulatory guides & ASIC notices into day‑to‑day processes your team can actually run.
We design & refine AFSL compliance programs, obligations registers, monitoring plans & board reporting so you can evidence how you supervise your licence if ASIC ever asks.
Our AFSL Compliance Services
01. Outsourced AFSL Compliance & General Counsel
We act as your outsourced AFSL compliance & legal team so you have senior support without a full‑time hire, by:
- managing compliance registers, licence conditions & recurring monitoring tasks;
- handling day‑to‑day regulatory queries from staff & representatives;
- linking AFSL compliance work with your broader legal & commercial priorities.
02. AFSL Compliance Frameworks & Policies
We design or update AFSL compliance frameworks & policies mapped to your licence authorisations & operations, by:
- documenting risk management systems & supervision arrangements in a clear framework;
- drafting policies & procedures that reflect how you actually provide financial services;
- aligning documents with your obligations register & governance structure.
03. Responsible Manager (RM) Support & Training
We support Responsible Managers to meet ASIC’s organisational competence & oversight expectations, by:
- training RMs on their duties, liability & competency requirements under RG 105;
- clarifying how responsibilities are shared between RMs, directors & senior managers;
- helping RMs evidence their oversight of key AFSL obligations.
04. Breach Reporting & Incident Management
We design & operate breach reporting & incident frameworks that meet RG 78, by:
- assessing incidents against the reportable situations regime under the Corporations Act;
- documenting decisions, remediation steps & significant breach reports to ASIC;
- helping you minimise enforcement risk while maintaining constructive regulator engagement.
05.Compliance Committee & Board Reporting
We structure Board & committee reporting so governance is visible & provable, by:
- reviewing & refining compliance committee papers, agendas & minutes;
- preparing AFSL compliance reporting templates for Boards & committees;
- documenting escalation pathways for issues, incidents & emerging risks.
06.Regulatory Updates & ASIC Liaison
We keep your licence settings current as laws & ASIC expectations change, by:
- monitoring regulatory updates that affect your AFSL obligations & conditions;
- assisting with ASIC information requests, surveillance & follow‑up queries;
- coordinating remediation & framework uplift where ASIC has raised concerns.
Who We Advise
We support AFSL holders & corporate authorised representatives across the financial services sector. If you provide financial product advice, deal in financial products, operate schemes or run platform, FX, fintech or digital asset businesses under an AFSL, we help you keep your compliance arrangements fit for purpose.
AFSL clients we act for include:
Product providers
Advice providers
Credit providers
AFSL wholesale
Payments businesses
Carbon markets & renewables
Fintechs
Crypto, digital currency & virtual asset providers
Our Clients Include
Discuss Your AFSL Compliance Needs
Our AFSL lawyers will contact you to discuss your situation & outline next steps.
How The Process Works
Step 1
Licensing & Compliance Health‑Check
We review your business model & existing frameworks to identify critical gaps in your AFSL compliance obligations.
Step 2
Framework Design & Build
Our lawyers draft bespoke risk management systems, policies & registers mapped to your specific financial services business.
Step 3
Embedding & Training
We set up workflows & train your responsible manager & staff to ensure practical operational compliance.
Step 4
Ongoing Outsourced Compliance
We act as your fractional General Counsel to handle monitoring, breach reporting & ASIC liaison tasks.
What Our Clients Say About Working With Us
Jason Gold
Managing Director, IT Pro Tech"At IT Pro Tech, we partner with businesses who share our commitment to integrity. Click Legal stands out in the legal space for exactly that. Hannah and the team impressed us with their deep understanding of compliance-heavy sectors and their ability to offer clear, practical legal advice without overcomplicating the process."
Guy Raven
Head of Surveillance Advisory, Westpac"Hannah demonstrated exceptional leadership and regulatory expertise. She played a pivotal role in developing the control room and establishing a strong regulatory compliance framework... Beyond her deep technical knowledge, Hannah is an outstanding mentor, approachable, and insightful."
Antonella Spatola
Founder, True To You Charity"Hannah at Click Legal has supported the board in establishing our documentation and legal framework to start on a solid footing. We appreciate her authentic interest in the charity's mission... We appreciate how she explains complex concepts in simple terms, avoiding legal jargon."
Sharon Yang
Head of Investment & Capital Mgmt"Hannah and Click Legal have provided reliable legal advice to us. It has been integral in helping us meet all our AFSL obligations with confidence. I highly recommend their services to any business needing compliance support."
Jason Watts GAICD
Managing Director, Neu Capital"Hannah blends rare regulatory expertise with sharp business acumen. As her Manager at Barclays, I watched her master APRA/ASIC frameworks and turn them into clear, actionable strategies... She's the kind of professional who simplifies complexity, and her integrity is unmatched."
Stuart Hill
Program Manager/Operations Manager"Hannah has exceptional depth of knowledge and expertise in building robust legal, risk, and compliance frameworks... Beyond her technical expertise, Hannah is a strategic thinker and a genuinely kind, friendly person who always supports and helps others."
Jason Lowry
Co-Founder, LPG"Could not recommend Click Legal more highly! Must have for start ups and small business owners looking to trust someone to help set up your business right!"
Jason Gold
Managing Director, IT Pro Tech"At IT Pro Tech, we partner with businesses who share our commitment to integrity. Click Legal stands out in the legal space for exactly that. Hannah and the team impressed us with their deep understanding of compliance-heavy sectors and their ability to offer clear, practical legal advice without overcomplicating the process."
Guy Raven
Head of Surveillance Advisory, Westpac"Hannah demonstrated exceptional leadership and regulatory expertise. She played a pivotal role in developing the control room and establishing a strong regulatory compliance framework... Beyond her deep technical knowledge, Hannah is an outstanding mentor, approachable, and insightful."
Antonella Spatola
Founder, True To You Charity"Hannah at Click Legal has supported the board in establishing our documentation and legal framework to start on a solid footing. We appreciate her authentic interest in the charity's mission... We appreciate how she explains complex concepts in simple terms, avoiding legal jargon."
Sharon Yang
Head of Investment & Capital Mgmt"Hannah and Click Legal have provided reliable legal advice to us. It has been integral in helping us meet all our AFSL obligations with confidence. I highly recommend their services to any business needing compliance support."
Jason Watts GAICD
Managing Director, Neu Capital"Hannah blends rare regulatory expertise with sharp business acumen. As her Manager at Barclays, I watched her master APRA/ASIC frameworks and turn them into clear, actionable strategies... She's the kind of professional who simplifies complexity, and her integrity is unmatched."
Stuart Hill
Program Manager/Operations Manager"Hannah has exceptional depth of knowledge and expertise in building robust legal, risk, and compliance frameworks... Beyond her technical expertise, Hannah is a strategic thinker and a genuinely kind, friendly person who always supports and helps others."
Jason Lowry
Co-Founder, LPG"Could not recommend Click Legal more highly! Must have for start ups and small business owners looking to trust someone to help set up your business right!"
Discuss Your AFSL Compliance Needs
Our AFSL lawyers will contact you to discuss your situation & outline next steps.
Why Choose Click Legal For AFSL Compliance
Financial services regulatory specialists
Our work focuses on AFSL, ACL & related financial services regimes, not generic commercial law.
Experience across funds, advice, FX, fintech & digital assets
We act for managed funds, advice firms, FX providers, fintechs & digital asset businesses facing real AFSL supervision.
Integrated legal & compliance capability
We combine AFSL legal advice with practical compliance frameworks, registers & monitoring plans in one team.
Commercially focused, growth‑aligned support
We design AFSL compliance settings that support your business model & growth plans, not just minimum technical requirements.
Meet Your Legal Team
Discuss Your AFSL Compliance Needs
Our AFSL lawyers will contact you to discuss your situation & outline next steps.
AFSL compliance Essentials
Licence obligations & conditions
Your AFSL comes with core obligations & licence conditions that apply across your business, not just to individual teams.
We help you translate those conditions into concrete controls, registers & reporting so you can evidence how you supervise your licence.
Breach reporting & incident management
ASIC expects robust processes to identify incidents, assess significance & report significant breaches under RG 78.
We help you design breach frameworks, thresholds & documentation so decisions are timely & consistent.
Design & distribution obligations (DDO)
If you issue or distribute financial products to retail clients, DDO adds another layer of obligations around target market determinations, monitoring & reporting.
We help align your AFSL compliance arrangements with DDO so product, distribution & compliance teams are working off the same map.
Authorised representatives & outsourced functions
Using authorised representatives or external service providers does not shift AFSL responsibility away from the licence holder.
We assist with frameworks, agreements & oversight processes so you can demonstrate how you supervise reps & outsourced functions in line with ASIC expectations.
Essential Compliance Documents for AFSL Holders
Practical templates to manage AFSL compliance obligations, AML/CTF settings & core governance policies.
Legal & Compliance Insights
Frequently Asked Questions About AFSL Complianc
What are the key ongoing obligations for an AFSL holder?
You must provide financial services efficiently, honestly & fairly, maintain adequate resources & have appropriate compliance arrangements in place. That includes supervising representatives, managing conflicts, reporting significant breaches & keeping ASIC‑ready records. We help you map these obligations to concrete controls, registers & reporting.
Do I need a dedicated in-house compliance officer?
It depends on your size & complexity, but many licensees use an outsourced compliance or GC function instead of a full‑time internal role. We can act as your outsourced AFSL compliance counsel so registers, monitoring, incidents & ASIC queries are managed by senior lawyers without adding permanent headcount.
How often should we review our AFSL compliance framework?
You should review your framework regularly – at least annually and whenever there are significant regulatory or business changes. Practical licensees often tie reviews to Board cycles, new products, acquisitions or ASIC guidance. We update your policies, registers & monitoring plans so they continue to reflect your licence conditions & business model.
Can you act as an external member of our compliance committee?
Yes, we can sit on compliance or risk committees as an external legal member. This helps you demonstrate independent oversight, strengthen challenge in meetings & improve the quality of papers going to the Board. We also help structure agendas & reporting packs so AFSL issues are clearly presented.
What happens if we identify a compliance breach?
You should promptly assess whether the incident is a reportable situation under the Corporations Act & RG 78, and take steps to contain, remediate & prevent recurrence. We help you triage incidents, decide whether ASIC notification is required, document your reasoning & prepare any reports or remediation plans.
How do you charge for ongoing compliance support?
We usually work on a fixed‑fee or retainer basis with scope & pricing agreed upfront, so you have certainty for your compliance budget. Packages can cover registers, monitoring, incident support, ASIC liaison & committee reporting, tailored to your licence & risk profile.
Do you help with ASIC notices & surveillance?
Yes, we represent AFSL holders during ASIC surveillance, information requests & follow‑up action. Our lawyers manage correspondence, help you gather documents & frame your responses so they are accurate, complete & legally robust. The goal is to resolve issues quickly while protecting your licence conditions.
CONTACT
Request FREE Consultation
Not sure which matter or service is right for you? Leave your details & our lawyers will contact you to discuss your situation & outline next steps.