ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia)
What is ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia)?
ASIC Regulatory Guide 166 (July 2022), the financial requirements that Australian financial services licensees must meet under their licence conditions: solvency and positive net assets, the cash needs requirement met by one of five options with a projection the governing body approves, the annual audit report on compliance, surplus liquid funds where client money or property is held, adjusted surplus liquid funds with monthly certification and ASIC reporting triggers where the licensee deals as principal, the definitions of adjusted assets, adjusted liabilities, net tangible assets, eligible undertakings and excluded assets, and the tailored requirements for market participants, responsible entities, IDPS operators, custodians, margin lenders, foreign exchange dealers, retail OTC derivative issuers, crowd-sourced funding intermediaries and corporate directors of retail CCIVs. It comprises 12 controls organised across 4 domains, and applies in Australia.
Map this against the frameworks you already hold
The compliance knowledge graph holds cross-framework control mappings for hundreds of standards, including the ones you are likely to be certified against already.
Browse the framework graph →Where ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia) overlaps with the standards you already hold
What ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia) means in your sector
What ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia) means for your job
Questions people ask about ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia)
What is ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia)?
How many controls does ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia) have?
Where does ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia) apply?
Which version of ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia) is covered here?
Query ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia) programmatically
ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia), its 12 controls and every mapping into other standards are available over a REST endpoint and an MCP server, so an agent can read them directly. The free tier is 10 calls a day and needs no signup.
ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia) API reference and MCP config →How ready are you for ASIC Regulatory Guide 166 AFS Licensing: Financial Requirements (Australia)?
Answer 25 questions and get a professional readiness report with gap analysis, maturity scores, and prioritised action items. Results in 5 minutes.