ASIC cancels AFS licence

ASIC has cancelled the Australian financial services (AFS) licence of Sydney-based financial services provider Indie Advice Pty Ltd (Indie Advice).

The licence cancellation took effect on 19 January 2024.

The licence was cancelled after ASIC became aware that Indie Advice had not been providing financial services for some time. Under the Corporations Act, ASIC may suspend or cancel an AFS licence if the licensee has ceased providing financial services.

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