Licensing & Regulatory

Compliance

The Australian ADI and FinTech sectors have proved resilient in the face of adversity. Although CoVID-19 has caused upheaval, the fundamentals for both sectors remain sound.

Gen Advisory assists ADIs and FinTechs with licensing and regulatory  compliance requirements. Our holistic approach ensures that we help ADIs and FinTechs not just to reduce risk, but also achieve value creation. 

How We Can Help

As regulation and compliance specialists, Gen Advisory provides Australian ADIs and FinTechs with end-to-end support in the following areas:

ASIC

APRA

AUSTRAC

ACCC

• Australian Credit License (ACL) applications

• Australian Financial Services License (AFSL) applications

• Ongoing ACL and AFSL compliance requirements

• Regulatory sandbox relief applications

• Foreign Financial Service Providers (FFSPs)

• Providers of Purchased Payment Facilities (PPF) authorisations

• Restricted and Unrestricted ADI license applications

• APRA Prudential Standards for ADIs

• AUSTRAC reporting obligations

• AML/CTF Risk Assessments.

• "Accredited Data Recipient (ADR)" accreditation

Gen Advisory is an ASIC Registered Agent. Our ASIC Registered Agent number: 45485.

At a Glance

FinTech Ecosystem in Australia

Adapted from: Fintech Australia Member Ecosystem Map