The AFA Information Return is an online tool that each Authorised Financial Adviser (AFA) must complete and submit annually. It consists of a series of questions about AFAs, their business, their compliance approach and their approach to continuing professional development.
As a market operator you need to provide us with a periodic self-assessment on how well you have complied with your obligations during that period (s337).
We need to carry out periodic reviews of your compliance and publish our findings in a report. If we find that you are not meeting your general obligations, we can ask you to put an action plan in place.
As a market operator, you are obliged to notify us of certain events, such as when you take disciplinary action for breaches of your market rules, or when you suspect someone may have breached legislation. You must also give us information and assistance when we need them to carry out our regulatory role.