A Corporate Authorised Representative (CAR) is a company or organisation that has been granted permission by an Australian Financial Services (AFS) licensee to provide financial services to clients on behalf of the licensee. The CAR acts as an agent of the AFS licensee and is authorised to provide specific financial services outlined in their agreement with the licensee. These services may include financial advice, investment management, insurance broking or dealing in financ

I wish I had a dollar every time I saw an email pop up with the subject line "is your AFSL for sale?" !!!! As a team, we know what it's like... we've been there... you've got an exciting plan to launch a new fund or financial service but the reality of compliance and ASIC regulations quickly takes the wind out of your sails and sadly buying someone else's AFSL is not an option. If you're currently operating outside of Australia, let me just explain first of all.. an AFSL is a