How to get Australian Hedge Fund License

2019-02-06 1

As a full-service Global Law Firm focused on global I-gaming, Financial Services, Licensing, Asset Management, Securities, International Business & Tax; we value hearing from you, no matter where in the world you are. If you have any question, visit us at https://empireglobal.partners An Australian Hedge Fund License is essential for any business or persons providing any investment schemes operating as a hedge fund in Australia or to Australian residents if you are located abroad. The license for operating a Hedge Fund in Australia is issued in the form of an Australian Financial Service License with a registration for a managed investment scheme. It is issued by the Australian Securities and Investments Commission, also called as the ASIC. The first step to obtaining the license is to register a public company in Australia. This has to be followed by an application for an Australian Financial Service License. An application for an Australian Financial Services License is a well-drawn out process and it is highly recommended that you obtain the services of a licensing specialist for the process. The process of the application for an Australian Financial Services License starts with the selection of your Responsible Manager. You will also need to prepare your Business Description, Financial Statements and Financial Resources proof and Organizational Competence. Once your application is approved, ASIC will issue you a license, which you can use to commence your business. After obtaining the license, You will also have to register your investment scheme with the ASIC which will allow you to operate the Hedge Fund in Australia. If you already have an Australian Financial Service License, you can move directly to register your scheme. If you are interested in learning more about an Australian Hedge Fund License and how it can help your business, please complete the form on this page and one of our dedicated team of experienced professionals will assist you through the entire process of obtaining an Australian Hedge Fund License.

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