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The ASIC policy prohibits us from providing services to clients in your region. Are you already registered with FBS and want to continue working in your Personal area?
Personal areaFBS is regulated by the Australian Securities & Investments Commission (ASIC)
under AFSL number 426359.
ASIC is Australia's integrated corporate, markets, financial services and consumer credit regulator. ASIC requires licensed financial services providers to meet strict capital requirements and implement and comply with internal procedures, including risk management, staff training, accounting and audits.
ASIC regulates the entities under its supervision to protect consumers against misconduct and harms relating to financial products and services. Under the ASIC Act, its role is to:
ASIC has the power to regulate the work of FBS, investigate suspected breaches of the law and seek to protect the Client. Under the ASIC licence, FBS must provide secure and reliable services. The traders can appreciate the following perks:
A third party oversees the reception, transmission and execution of orders. In case brokers holding ASIC licence fail to operate fairly, they risk having sanctions and penalties imposed on them and even losing the licence.
The regulated brokers submit financial statements to the governing bodies to guarantee that they adhere to the highest compliance standards.
