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From AI Advances to AFSL Licensing: Shaping the Future of Financial Services in Australia
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In episode 5, we delve into current affairs impacting the financial services industry like AI advancements, ChatGPT vs DeepSeek, as well as the rise of AI sovereignty and its regulatory challenges. How can businesses find value in AI?
This episode also explores AFSL licensing in Australia. It's a complex area with many nuanced exceptions, too many for one episode, so we have shared more general insights to the ins and outs of AFSLs including:
- Who needs an AFSL
- The pros and cons of "renting" an AFSL
- Crucial strategic planning for AFSL businesses
- The information that goes into an AFSL application
- The limits on marketing and market engagement before ASIC approval
- Innovation in the market with fund incubation models
Thank you to our sponsors Beyond Billables https://www.beyondbillables.com/ and Rayne Legal https://www.rayne.com.au/.
While we love sharing our thoughts with you, this podcast is for information only and does not create a client relationship or contain any legal or financial advice. Any financial matters discussed are our personal opinions and don’t constitute recommendations.
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