An Australian company holding an AFSL is offered for full share acquisition. The partner describes wholesale derivatives and FX market making together with personal and general advice, issuing, dealing and non-IDPS custody within the licence schedule.
Regulatory Scope
The permissions and assets are described in the partner acquisition file and remain subject to the company’s actual registration or licence conditions.
Included Assets and Records
- Two Key Persons and two Responsible Managers currently appointed
- Governance, licence and compliance files
Acquisition Review
Responsible Manager retention has separate monthly service fees and minimum commitments. The buyer should assess these costs, the permission schedule and operating requirements before completion.
Commercial terms: Available on request, subject to current availability and due diligence.