RG 126
Compensation and insurance arrangements for AFS licensees
Issued 21 November 2024. This guide is for AFS licensees and their representatives, advisers and insurers.
In plain English
This guide explains compensation and insurance rules for Australian Financial Services (AFS) licensees.
RG 126 applies to AFS licensees, their representatives, advisers, and insurers. It outlines requirements for compensation arrangements and professional indemnity insurance. The guide was issued on 21 November 2024 and provides guidance on meeting these obligations.
Why it matters
AFS licensees need to understand and follow these rules. They ensure clients are protected if a licensee fails to provide appropriate financial services. This impacts governance and risk management practices.
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-126-compensation-and-insurance-arrangements-for-afs-licensees/. Rules Mate indexes + summarises; always verify against the regulator's live publication.