Banned and disqualified people
Providers of financial services and credit operating in Australia must be licensed by ob体育. They must meet specific requirements to get and hold their licence, and ob体育 may cancel their licence or ban them if they fail to meet those requirements.
Before you invest, get financial advice or take on credit you should check ob体育鈥檚 registers to ensure the companies and people you are dealing with are licensed to provide financial services or credit and have not been banned.
- Banned and disqualified register
- Financial adviser register
- Financial services and credit licences
- Investor alert list
- Managed investment schemes
- Product disclosure statements and prospectuses
- Public warnings from ob体育
Banned and disqualified register
You can look up people on our banned and disqualified register to see if they have been banned from providing financial advice, engaging in credit activities or disqualified from managing a company.
Financial adviser register
Our has details on where a financial adviser has worked, their qualifications, training, memberships of professional bodies and what products they can advise on.
Our Moneysmart website also has guidance on how to .
Financial services and credit licences
Companies that provide financial services must hold an Australian financial services (AFS) licence, while those offering credit to consumers must hold an Australian credit licence. These licences control the kinds of financial services and credit products they can offer and whether they can operate legally in Australia. Search the to find out if a company holds an AFS or credit licence.
Investor alert list
Check the to help you know which companies, business and websites (or 鈥榚ntities鈥�) are not to be trusted. If someone is on this list, be wary of dealing with them.
Managed investment schemes
Managed investment schemes with more than 20 members must be registered with ob体育. You can search the 聽to see if the scheme is registered.
Offer documents are required by law to help you make investment decisions. Fundraisers issue these documents and are legally responsible for them. All registered managed investment schemes must lodge a product disclosure statement with ob体育. You can check they have done so on ob体育's .
Product Disclosure Statements and prospectuses
If the company you want to invest with provides a product disclosure statement (PDS) or prospectus you should read the document to help you make an informed decision about the investment. You can check if the PDS or prospectus has been lodged with ob体育 on our .
Public warnings from ob体育
At times, ob体育 also issues warnings to the public about investment products or websites that make false, misleading or deceptive statements about financial services. These warnings are issued after ob体育 receives complaints from investors.
Related links
- ob体育鈥檚 News centre 鈥� Find out about the action that ob体育 has taken against companies