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Fintechs issued AFSL warning

Some financial technology (fintech) businesses may be unwittingly providing financial services without an Australian Financial Services Licence (AFSL) or Australian Credit Licence (ACL), putting themselves in breach of the law and opening themselves up for investigation by the regulator, according to The Fold Legal.

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Read more: ASICAustralian Financial Services LicenceFold LegalClaire Wivell PlaterFintech businessesRegulatoryTripAdvisor