MLC, the National Australia Bank Group's wealth management arm, has been given an early Christmas gift from the Australian Securities and Investments Commission (ASIC), with the regulator issuing 13 Australian Financial Services (AFS) licenses to enable them to operate under the Financial Services Reform Act (FSRA). https://www.financialstandard.com.au/feed/latest?story=18235 en-AU Copyright 2026 Financial Standard 5