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Enforcement/asicCWLTH

ASIC cancels Australian financial services licence of Velos Global Markets Pty Ltd

25-226MR

licence action3 Oct 2025

Respondent

Velos Global Markets Pty Ltd

Facts

ASIC cancelled the Australian financial services licence ( AFS licence ) of Velos Global Markets Pty Ltd (ACN 604 251 416) ( Velos ).

Outcome

ASIC cancelled the AFS licence of Velos Global Markets Pty Ltd, effective 23 September 2025, after it ceased to engage in financial services (announced 2025-10-03). The Administrative Review Tribunal dismissed Velos' stay application (11 December 2025) and its review application (11 March 2026). See the ASIC source for the full terms.

Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-226mr-asic-cancels-australian-financial-services-licence-of-velos-global-markets-pty-ltd

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