Australia ASIC - FS70/71

Australian Securities and Investments Commission Financial Returns

AFSL Status: Active & Current
AFSL 456789 | OBP Platform Pty Ltd | Next Audit: June 30, 2026
Licensed

Surplus Liquid Funds

$1700K

213% of requirement

Net Assets

$15.2M

total net position

Compliance Rate

100%

6/6 requirements

Responsible Managers

3

ASIC approved

Australian Financial Services License Details

License Information

AFSL Number:456789
License Holder:OBP Platform Pty Ltd
Issue Date:March 15, 2020
Authorised Reps:12

Authorisations

Provide financial product advice
Deal in a financial product
Operate managed investment schemes

ASIC Financial Returns (FS70/FS71)

ReferenceReturn NameFrequencyDescriptionLast FiledNext DueStatus
FS70
Annual Audited Financial StatementsAnnualAnnual audited profit & loss and balance sheetSeptember 30, 2025September 30, 2026
Filed
FS71
Quarterly Profit & Loss StatementQuarterlyUnaudited quarterly financial performanceOctober 31, 2025January 31, 2026
Filed
FS72
Annual Financial ReviewAnnualAccountant's report on financial positionSeptember 30, 2025September 30, 2026
Filed
Breach
Breach Notification RegisterOngoing10-business day breach reportingN/AAs required
Current

Financial Position Summary

As reported in FS70 Annual Return

Balance Sheet

Total Assets$18.50M
Current Assets$12.80M
Net Assets$15.20M

Profit & Loss (FS71 Q3 2025)

Revenue (YTD)$8.50M
Operating Profit (YTD)$2.10M
Profit Margin24.7%

Surplus Liquid Funds (RG 166)

Adjusted Surplus
$3.20M
Required Minimum
$1.50M
Surplus Above Min
$1.70M

Responsible Managers

Key persons responsible for AFSL obligations under s912A(1)(g)

NameRoleAR NumberApproval DateStatus
Michael ChenResponsible Manager - Investment Management
RM12345
March 2020
Active
Sarah WilliamsResponsible Manager - Compliance
RM12346
March 2020
Active
David RobertsonResponsible Manager - Operations
RM12347
June 2020
Active

AFSL Compliance Requirements

RequirementCategoryDescriptionStatus
RG 146 Training & Competence
Authorised Representatives
All advisers meet ASIC competency standards
Compliant
Adequate Resources (RG 166)
Financial Resources
Surplus liquid funds exceed minimum requirements
Compliant
Risk Management System (RG 104)
Operational
Documented risk management framework
Compliant
Compliance Plan (s601HA)
Managed Funds
Annual compliance plan and audit for registered schemes
Compliant
Conflicts of Interest (s912A)
Conduct
Conflicts management policy and disclosures
Compliant
Professional Indemnity Insurance
Insurance
PI cover meets s912B requirements
Compliant

ASIC Regulatory Framework

Corporations Act 2001 (s912A)
General obligations of AFS licensees including maintaining competence, having adequate resources, managing conflicts, and complying with financial services laws.
RG 166: Licensing - Financial Resources
Requirements for maintaining adequate financial resources including net tangible assets, cash needs, and surplus liquid funds reporting.
RG 146: Training of Financial Product Advisers
Competency standards for financial advisers including knowledge and skills requirements, continuing professional development, and compliance procedures.
RG 104: Licensing - Meeting Risk Management Obligations
Risk management systems for AFS licensees covering operational, compliance, and financial risks with appropriate controls and monitoring.
Key Contacts
  • ASIC Regional Office: Sydney
  • Portal: ASIC Regulatory Portal
  • Last ASIC Contact: August 2024
  • Auditor: PwC Australia
Upcoming Deadlines
  • FS71 Q4 2025: January 31, 2026
  • Annual FS70: September 30, 2026
  • PI Insurance Renewal: March 15, 2026
  • Compliance Plan Audit: June 30, 2026