An Australian AFSL company is offered through a 100% share acquisition. The partner describes wholesale multi-asset advice, issuing and dealing in derivatives, FX and managed investments, client dealing and custody outside IDPS.
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 Responsible Managers currently appointed
- Corporate, governance, licence and compliance files
Acquisition Review
Manager continuity and remuneration remain to be agreed. The buyer should review all permission conditions and operational requirements against the intended products and customer base.
Commercial terms: Available on request, subject to current availability and due diligence.