ob体育 has cancelled the Australian financial services (AFS) licence of SME Crowdfunder Pty Ltd (SME).
The licence was cancelled because SME had ceased providing financial services and had not provided any financial services since September 2023.
The cancellation took effect on 2 May 2025.
SME may apply to the Administrative Review Tribunal for a review of ob体育鈥檚 decision.
Background
Under subsection 915B(3)(a) of the Corporations Act, ob体育 may cancel an AFS licence held by a body corporate if it ceases to carry on a financial services business.