As we settle into 2025, Sophie Grace has taken some time to review its 2024 AFS and Credit Licensing trends.
Australian Financial Services Licences
For AFS Licensing, Sophie Grace submitted a total of 36 applications to ASIC (either for new businesses looking to obtain an AFS Licence on for existing AFS holders looking to vary their licence).
The table below shows a summary of Sophie Grace's 2024 AFS licensing activity:
Australian Credit Licences
In relation to Credit Licensing, Sophie Grace submitted a total of 12 applications to ASIC (either for new businesses looking to obtain a Credit Licence or for existing Credit Licence holders looking to vary their licence).
The table below shows a summary of Sophie Grace's 2024 Credit Licensing activity:
Sophie Grace is already seeing an uptick in AFS and Credit Licensing application queries and engagements in 2025 and we are not even finished the first two months of the year!
Sophie Grace looks forward to working with new businesses seeking to obtain an AFS or Credit Licence as well as existing credit holders throughout 2025.
*These figures can include the granting of applications and variations which were submitted in 2023.
How can Sophie Grace Assist?
We can help you obtain an Australian Financial Services Licence (AFSL), or an Australian Credit Licence (ACL) in 2025.
We also offer a range of ongoing compliance services to suit your needs.
Click on the links below to learn more.
Please contact us to assist in relation to any AFS and Credit Licensing requirements.