Regulatory Alerts2025-11-18
ASIC suspends AFS licence of Surety Compliance Limited
The Australian Securities and Investments Commission has suspended the Australian financial services licence of Surety Compliance Limited until 27 October 2026 due to its failure to meet minimum financial requirements and hold professional indemnity insurance. The suspension permits Surety to continue providing services necessary for the payment of redemptions and the winding up of the Private Investment Fund it manages. During this period, Surety must comply with specific obligations including maintaining a dispute resolution system and holding professional indemnity insurance cover.
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