ASIC cancels Australian credit licence of GS-APAC Pty Ltd

25-258MR

licence action27 Oct 2025

Respondent

GS-APAC Pty Ltd

Facts

ASIC has cancelled the Australian credit licence (credit licence) of GS-APAC Pty Ltd following a payment of compensation by the Compensation Scheme of Last Resort (CSLR).

Outcome

ASIC cancelled the Australian credit licence of GS-APAC Pty Ltd on 2025-10-27, as required after the Compensation Scheme of Last Resort paid an AFCA determination the licensee had not paid. See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-258mr-asic-cancels-australian-credit-licence-of-gs-apac-pty-ltd

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