We take cautious steps in starting up a close relationship with a crucial business partner
Corporate Authorised Representative plays an important role in our management process. It is one of the key factors to the success of any trustee services. As an AFSL holder, we seek Corporate Authorised Representative with the capabilities to offer high transparency, operational accountability and world-class expertise in providing advanced fund management and clearing services in order to meet our demand for overall performance as well as to ensure the whole trust and operational procedure work in a secure manner.
Who can be the authorised representative of an AFS licensee
An Australian financial services (AFS) licensee may appoint ‘authorised representatives’ to provide specified financial services on its behalf. These authorised representatives may be, individuals, body corporates, or partnerships. While individuals who act as trustees of a trust may be authorised representatives, a trust itself cannot be an authorised representative.
Our selected authorised representatives are evaluated based on the following criteria:
► Strict Regulatory Framework
The authorised representative must be a fully regulated financial institution under strict regulatory framework, duly authorised and supervised by the government and comply with the prevailing regulatory requirements in its jurisdiction.
► Solid Financial Strength
Strong balance sheet reflects the ability to proactively deal with today’s rapidly changing economic environment and to effectively respond competitive pressures. It is also a vital importance of a facilitator that offers margin and leverage support while asset managers can operate their business with stability and safety.
► Security
The global economy has become increasingly connected. Extensive geographic reach reflects the ability to allow investment or asset managers to benefit from widespread network and broad resources to be updated of market movement and trends.
► Geographic Presence
The global economy has become increasingly connected. Extensive geographic reach reflects the ability to allow investment or money managers to benefit from widespread network and broad resources to be updated of market movement and trends.
► Business Confidentiality
Maintaining client’s business confidentiality is crucial to any firm, particularly to financial institutions. It is essential for the authorised representative to ensure that the investment or trading strategies of its clients are held in a closed environment and keep potentially conflicted interests apart.
