Regulatory Alerts2026-02-06
ASIC cancels AFS and AC licences of Centre Capital Securities for failure to pay industry funding levies
The Australian Securities and Investments Commission has cancelled the Australian financial services and Australian credit licences of Centre Capital Securities Pty Ltd effective 29 January 2026. This action was taken because the company failed to pay industry funding levies for the 2017-18 to 2022-23 financial years, which remained outstanding for over 12 months. The cancellation was executed under section 915B(3)(e) of the Corporations Act 2001 and section 54(1)(d) of the National Consumer Credit Protection Act 2009, and the company retains the right to appeal the decision to the Administrative Review Tribunal.
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