RG 104
AFS licensing: Meeting the general obligations
Issued 23 June 2022. This is a guide for AFS licensees and licence applicants.
In plain English
This guide explains the general obligations for Australian Financial Services (AFS) licensees and those seeking a licence.
RG 104 applies to AFS licensees and applicants. It details obligations like acting efficiently, honestly, and fairly. It covers financial product advice, dealing, and other services. The guide was issued on 23 June 2022 and helps ensure compliance with the Corporations Act.
Why it matters
AFS licensees must understand and follow these obligations. Failure to do so can impact their licence and reputation. This guide clarifies expectations for running a compliant financial services business.
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/regulatory-resources/find-a-document/regulatory-guides/rg-104-afs-licensing-meeting-the-general-obligations/. Rules Mate indexes + summarises; always verify against the regulator's live publication.