INFO 240
AFS licence applications: Providing information for fit and proper people and certain authorisations
This is Information Sheet 240 (INFO 240). It is for all Australian financial services (AFS) licence applicants.
In plain English
INFO 240 explains what information AFS licence applicants must provide about themselves and their authorisations.
INFO 240 applies to all applicants for an Australian Financial Services (AFS) licence. It details the information required for assessing the 'fit and proper' status of individuals and for certain authorisations. Applicants must provide this information to ASIC. This information sheet does not state a commencement or revision date.
Why it matters
AFS licence applicants need to understand INFO 240. Providing accurate and complete information is essential for a successful application. Failure to do so could impact your ability to obtain a licence.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/for-finance-professionals/afs-licensees/applying-for-and-managing-an-afs-licence/afs-licence-applications-providing-information-for-fit-and-proper-people-and-certain-authorisations/. Rules Mate indexes + summarises; always verify against the regulator's live publication.