GRCGuideline

RG 104

Regulatory Guide 104: AFS Licensing: Meeting the General Obligations

This regulatory guide provides information for Australian Financial Services (AFS) licensees and applicants about compliance with general obligations under section 912A(1) of the Corporations Act. It outlines what ASIC looks for during assessments of compliance.

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Overview

Issued by ASIC, RG 104 outlines the general obligations that Australian Financial Services (AFS) licensees and applicants must comply with under section 912A(1) of the Corporations Act. This guide aims to clarify the compliance expectations and assessment criteria used by ASIC. While focusing on most general obligations, it refers to separate guides for obligations not covered within its content. It serves as a foundational resource for AFS licensees and provides references for further details.

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