THE QUICK ANSWER: If you are ‘carrying on a financial services business’ you require an AFSL. If you operate without one, you may be prosecuted, fined, jailed, have a liquidator appointed and your Fund wound up. You can avoid this by appointing an AFS licensee that has the appropriate authorisations to act as the Trustee of the Fund and to authorise you to provide certain of the financial services required.View More
THE QUICK ANSWER: A company is a costly and restrictive vehicle through which to raise private capital and all its shareholders must be listed on a public register. A unit trust operates under simpler compliance requirements. It is much easier to manage, implement changes, and distribute funds and the registry of investors is private.View More
THE QUICK ANSWER: A retail fund is required to be registered with ASIC and a PDS must be issued. A wholesale fund can be registered or unregistered and it is advisable to issue an IM to prospective investors setting out sufficient information so that an investor may make an informed decision about whether to invest.View More
Please note that MARQ’s registry platform is hosted by Registry Direct Ltd which provides 24/7 access to your investments. By clicking this button you will be redirected to the Login page for access to the Investor Portal.
For a helpful guide on how to manage your investments, please refer to Registry Direct’s Investor Centre located here.Login