Regulatory Alerts2025-12-18
ASIC cancels AFS licence of Rynco Pty Ltd
The Australian Securities and Investments Commission has cancelled the Australian financial services licence of Rynco Pty Ltd due to ongoing non-compliance with regulatory obligations. The regulator determined that Rynco failed to maintain competent personnel, lacked adequate resources by unpaid levies, neglected key person notification requirements, and did not lodge annual accounts. The company retains the right to apply to the Administrative Review Tribunal for a review of this decision.
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