Charitable investment fundraisers changes

The Australian Securities and Investments Commission has notified the ACNC of new obligations for charitable-investment fundraisers.

From 1 January, charities that issue financial products might also need an Australian Financial Services licence.

Licence applications can take about three months, and ASIC recommends that affected charities apply as soon as possible.

Charitable-investment fundraisers can find more information and further guidance on charitable schemes on the ASIC website.
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