ASIC suspends AFS licence of Suetonius Wealth Administration

The Australian Securities and Investments Fee (ASIC) has suspended the Australian monetary companies (AFS) licence of Sydney primarily based monetary companies supplier, Suetonius Wealth Administration Pty Restricted.

The suspension, which can final till 28 February 2024, displays the truth that Suetonius had did not lodge its monetary statements and audit stories for monetary years ending 30 June 2021 and 30 June 2022.

ASIC suspended Suetonius’s AFS licence to provide the supplier the chance to lodge its monetary statements and audit stories.

If Suetonius has not lodged its monetary statements and audit stories by 28 February 2024, the tip of the suspension interval, ASIC will take into account cancelling its AFS licence.

Suetonius Wealth Administration Pty Restricted has held AFS licence no. 452772 since 18 June 2014.