ASIC cancels AFS licence of Private Wealth Pty Ltd

26-035MR

licence action12 Feb 2026

Respondent

Private Wealth Pty Ltd

Facts

ASIC has cancelled the Australian financial services licence ( AFS licence ) of Private Wealth Pty Ltd ( Private Wealth ) following two payments by the Compensation Scheme of Last Resort ( CSLR ).

Outcome

ASIC cancelled the AFS licence of Private Wealth Pty Ltd on 2026-02-12, as required after the Compensation Scheme of Last Resort paid two AFCA determinations 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/2026-releases/26-035mr-asic-cancels-afs-licence-of-private-wealth-pty-ltd

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