QQ|
QQ group|
Scan the QR code to join the group and have a surprise
WeChat group
Scan the QR code to join the group and have a surprise
I want to expose it I need to mediate
official account|
Scan the QR code to follow and have a surprise
To identify genuine traders, choose Veryfx!
Dealer Search

Crown Wealth Group's Australian financial services license revoked

2024-04-10 16:11:38

abstract:The Australian Securities and Investments Commission (ASIC) announced today that it has revoked the Australian Financial Services (AFS) license held by Crown Wealth Group Pty Ltd (Crown Wealth). The company has entered voluntary administration.
The Australian Securities and Investments Commission (ASIC) announced today that it has revoked the Australian Financial Services (AFS) license held by Crown Wealth Group Pty Ltd (Crown Wealth). The company has entered voluntary administration.

Crown Wealth obtained an AFS license (license number: 494274) on March 28, 2017, and is authorized to provide investment advice on products such as pensions, securities, deposits and payment products, managed investment plan interests, and life insurance products to retail and wholesale customers.
Crown Wealth Group's Australian financial services license revoked
On March 5, 2024, the company changed its name to A.C.N. 603 037 510 Pty Ltd. Subsequently on March 13, 2024, Sule Arnautovic of advisory firm Salea Advisory was appointed as voluntary administrator of Crown Wealth.

Under the Corporations Act, ASIC has the power to suspend or revoke an AFS license without a hearing if a licensed institution is in administration or liquidation.

Article Source:Forex website

Risk Reminder and Disclaimer:

[Kind reminder] The article is sourced from Aihuicha and is organized and published by Aihuicha. Reprint and indicate the source of the original text. The viewpoint of this article is not related to Aihuicha. It is read rationally and the copyright belongs to the original author. If you do not intend to infringe on media or personal intellectual property rights, please contact us and our website will handle it as soon as possible.