RG 121
Doing financial services business in Australia
Issued 20 September 2024. This is a guide for people or companies from outside Australia who propose to conduct a financial services business in Australia.
In plain English
This guide explains how overseas firms can legally offer financial services to Australian consumers.
RG 121 applies to foreign companies wanting to provide financial services in Australia. It outlines requirements for authorisation. It covers licensing, business conduct, and ongoing obligations. The guide was issued on 20 September 2024.
Why it matters
If your business is based overseas but offers financial products to Australians, you need this licence. Failing to comply can prevent you from operating legally in Australia.
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-121-doing-financial-services-business-in-australia/. Rules Mate indexes + summarises; always verify against the regulator's live publication.