ASIC - Australian Credit Licence Compliance Services

Walker and Miller has partnered with My Dealer Services (MDS) to provide Mortgage and Finance Brokers with ASIC Australian Credit Licence (ACL) compliance services. My Dealer Services  was developed by Don Wiggins, a compliance specialist with over 35 years experience in the financial services industry, as a means of providing specialist support services to current AFSL holders and advisers looking to acquire their own AFSL in a practical, cost effective manner.

They have an 100% success rate in AFLS applications they have lodged on behalf of their clients. Now with credit licensing their services incorporate ACL applications and compliance.

These services allow independently owned licensees to focus completely on their clients and lifestyles while leaving the licensee requirements/compliance back-office to qualified, experienced professionals.

Australian Credit License Solutions

Applications for an ASIC Credit Licence for Mortgage Brokers and Credit Advisors

  • Overview of business (including identification of educational qualifications and relevant experience of nominated responsible manager/s)
  • Identification of licence authorisation requirements
  • Preparation of supporting documentation
  • Preparation and lodgement of an ASIC Australian Credit Licence (ACL) application

ASIC Australian Credit Licence (ACL) Compliance Support Services - Licensee

  • Annual licensee reviews – desktop review of client file
  • Regular updates on ASIC/Corporations Law issues (tailored regulatory update newsletter service) online compliance manual 
  • Phone and email support*
  • Fact Finder template 
  • Breach register template 
  • Compliance register template 
  • Conflicts of interest register template 
  • IT register and compliance systems

ASIC Australian Credit Licence (ACL) Compliance Support Services - Representatives

  • Annual reviews – desktop review of client file
  • RG 165 administration – development of training plans, training material and maintenance of training register 

ASIC Australian Credit Licence (ACL) Compliance Consulting Services

  • Assignments as specified by the licensee (e.g. applications for variation to existing licences, help in preparation for ASIC surveillance visits etc). These will be charged on a consultancy fee basis of $220/hr.

* Phone and e-mail support subject to terms of package agreements

Australian Credit License Solutions

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Credit Licencing | Mortgage Broker Training | Accredited Broker

Nationally accredited courses are delivered in partnership between Walker & Miller Training and the National Finance Institute, a Registered Training Organisation (RTO 31203).  All qualifications are awarded by the National Finance Institute (RTO 31203)