Your AFS Licence Obligations. Governed.
ASIC, APRA, and AUSTRAC obligations mapped to named owners with immutable evidence. Every licence condition becomes a governed workflow.
Trusted by financial services firms managing multi-regime obligations
| Obligation | Status | |
|---|---|---|
| General conduct obligations | Mapped | |
| Financial resource requirements | Mapped | |
| Breach reporting - s912D | At Risk | |
| AML/CTF Program - Part A | Mapped | |
| CPS 230 - Critical operations | Unmapped | |
| IDR procedures | Mapped |
The Financial Services Compliance Gap
The difference between scrambling and being regulator-ready.
Without FormaOS
AFS licence conditions not mapped to operational obligations - gaps invisible until ASIC review
Breach register not maintained - s912D self-reporting deadlines missed or detected late
Board unable to demonstrate active oversight - no structured compliance reporting to directors
CPS 230 operational risk framework exists on paper but not operationalised in daily workflows
With FormaOS
Every licence condition mapped to named owners with evidence requirements and review schedules
Centralised breach register with s912D workflow, days-since-detection counter, and deadline alerts
One-click board reporting pack with RAG status, open breaches, and attestation workflow
CPS 230 obligations tracked with critical operations, tolerance settings, and continuity testing evidence
FormaOS vs. The Status Quo
See how purpose-built financial services compliance software compares.
| Feature | Spreadsheets | Generic GRC | FormaOS |
|---|---|---|---|
| ASIC obligation register pre-built | |||
| s912D breach register | |||
| Board reporting pack | |||
| APRA CPS 230 tracking | |||
| Named ownership per obligation | |||
| Immutable evidence chain | |||
| AU data residency | |||
| AUSTRAC AML/CTF tracking | |||
| Onboarding time | Weeks | Days | Hours |
| Price | Hidden | $$$+ | From $159/mo |
Obligation coverage across every financial services regulator
Pre-built frameworks map your ASIC, APRA, AUSTRAC, and AFCA obligations out of the box. Each obligation links to an owner, evidence requirement, and review cycle.
ASIC AFS Licence - s912A Obligations
Australian Securities and Investments Commission · Last updated: 2025-11-15
Three Steps to Audit-Ready
Import your obligation register
Upload your existing ASIC, APRA, or AUSTRAC obligation spreadsheets - or start with our pre-built framework packs. FormaOS maps every obligation to its regulation reference, assigns owners, and sets review cycles automatically.
Assign owners and attach evidence
Every obligation gets a named owner, escalation path, and linked evidence requirement. Your team uploads policies, procedures, and attestations against each obligation - building a live evidence repository from day one.
Monitor, report, and prove compliance
Real-time dashboards show RAG status across every framework. Generate board packs, breach registers, and regulator-ready audit exports on demand. When ASIC, APRA, or AUSTRAC asks for evidence, you export it in minutes - not weeks.
Purpose-built for AFS licensees
Every feature is designed around the obligations, registers, and reporting that Australian financial services organisations actually need.
Obligations Register
Every ASIC, APRA, and AUSTRAC obligation mapped to licence conditions with regulation references, named owners, evidence requirements, and review schedules.
- Pre-loaded obligation sets for AFS licence conditions
- Regulation reference linked to each obligation (e.g. s912A(1)(a))
- Named owner assignment with escalation paths
- RAG status tracking - mapped, at risk, unmapped, breached
- Scheduled review cycles with automated reminders
Breach Register
Centralised register for reportable situations under s912D with self-reporting workflow, days-since-detection counter, and immutable audit trail.
- s912D reportable situation classification
- Days-since-detection counter with regulatory deadline alerts
- Self-reporting workflow - draft, review, lodge, confirm
- Root cause analysis and remediation tracking
- Immutable evidence chain from detection to resolution
Board Reporting Pack
One-click PDF generation with RAG compliance status, open breach summary, upcoming regulatory deadlines, and attestation-ready formatting for directors.
- RAG status dashboard across all obligation categories
- Open breaches with days outstanding and severity
- Upcoming regulatory deadlines - next 30/60/90 days
- Compliance programme effectiveness metrics
- Director attestation and sign-off workflow
AML/CTF Programme Tracking
Map AUSTRAC AML/CTF programme obligations across Part A and Part B, track annual compliance report requirements, and monitor suspicious matter reporting.
- Part A and Part B obligation coverage dashboard
- Customer identification procedure tracking
- Ongoing customer due diligence monitoring
- Annual compliance report deadline tracker with evidence assembly
- Suspicious matter and threshold transaction reporting log
AFCA Dispute Register
Track complaints from intake through resolution with AFCA notification workflow, resolution timelines, and systemic issue identification.
- Complaint intake with categorisation and severity
- Internal dispute resolution (IDR) timeframe tracking
- AFCA escalation and notification workflow
- Resolution timeline monitoring against regulatory requirements
- Systemic issue identification and reporting
Experience the Platform
Explore real workflows without creating an account.
Map all s912A obligations to named owners and maintain a breach register without hiring a dedicated compliance team.
Pre-loaded obligation register with RAG tracking, automated breach workflow, and board-ready reporting - run by a team of three.
Demonstrate AUSTRAC AML/CTF programme compliance and prepare the annual compliance report without months of evidence gathering.
Continuous evidence capture across AML/CTF obligations with one-click annual report assembly and AUSTRAC-aligned audit trail.
Provide directors with structured compliance oversight across ASIC, APRA, and AFCA obligations for board meetings.
Unified board reporting pack covering all three regulators, open breaches, upcoming deadlines, and attestation workflow.
Built for frameworks governed by
ASIC surveillance reviews don't announce themselves. Can you demonstrate your obligation coverage right now?
Start Governing Financial Services Compliance Today
Join Australian organisations that trust FormaOS to maintain continuous compliance.
For small teams getting started with compliance.
For growing organisations with active compliance obligations.
For regulated enterprises with complex multi-framework needs.
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Frequently Asked Questions
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Pre-built compliance frameworks for every regulated Australian industry