AusFirst Compliance Partners Limited ACN 108 211 983 (ACP) holds Australian Financial Services Licence 275444 issued by the regulatory body Australian Securities & Investment Commission (ASIC) enabling us to develop and deal in “financial products” (which are offers to investors to invest in securities).
We do not trade in our own right but provide a compliance platform for our Corporate Authorised Representatives (CARs) with whom we contract to enable them to operate in a regulated fashion utilizing our Licence. The CARs can carry on their own businesses under their own names developing a wide range of innovative wealth products which appeal to private investors seeking better than average returns with managed risk.
We are totally independent and can make our own decisions as to what investments we choose to develop and deal in. This enables our CARs to service their clients with no outside influences and without the vested interests of banks and large corporations prevalent in our industry.
Primary Customer Segments
Financial Product Developers
A Product Developer is an entity that creates financial products for investors.
A Securities Dealer provides access to, and promotes financial products to investor clients.
Investors can be retail, sophisticated or wholesale investors. They can contact any of our CARs listed on this site.
THE PROBLEMS WE SOLVE
FOR FINANCIAL PRODUCT DEVELOPERS WE SOLVE THE FOLLOWING CHALLENGES
Licensing & Compliance Framework
When creating financial products for Australian investors more often than not a product developer will require an AFS license to do so. Obtaining an Australian Financial Services License is not a trivial process and is often beyond the expertise, time horizon and/or financial capabilities of the product developer. AICP provides the licensing & compliance infrastructure and expertise required to legally and safely develop financial products for the Australian investment market.
Securities Distribution Services
Our CARs provide the distribution network to help new and growing companies raise equity funding by distributing their offer documents widely amongst investors.
Before investing vast sums of time and fiscal resources into developing a financial product, product developers enjoy the convenience of being able to access AICP’s market intelligence which enables the product developer to position their product in line with market conditions and investor expectations.
FOR SECURITIES DEALERS WE SOLVE THE FOLLOWING CHALLENGES
Securities Dealers are often unable to produce financial products which suit their clients’ needs. We have developed an expertise in innovative financial products not developed by banks and other financial institutions.
Due Diligence Management Services
Most securities dealers have limited time to investigate the bona fides of a volume of product offerings. AICP undertakes due diligence on product developers on a regular basis and is well placed to provide its expertise to due diligence efforts.
DEAL MANAGEMENT SERVICES FOR PRODUCT DEVELOPERS AND SECURITIES DEALERS
Deal Management Services
For both Product Developers and Securities Dealers managing the transaction process can be complex and resource intensive. Traditionally each party would have to come to an agreement on how fees will be paid and then trust that these fees are paid upon settlement.
The ACP deal management platform takes this hassle away from transaction participants, by provides a centralised mechanism for the management of financial transactions. For each transaction, participants are provided with a dedicated deal manager and all fee arrangements are solidified in advance. This gives transaction participants great confidence that fees will be paid, takes away any counter party settlement risk and allows Product Developers and Securities Dealers to focus on their core business.
Download the AusFirst Compliance Partners AFS Licence