ASIC continues to churn out FSR material, with the recent release of the new section 4 Addendum to the AFS Licensing Kit. Those intermediaries currently completing their AFS licence application should cross-check the addendum for any changes since its publication in February.

This August addendum updates the kit from March and August 2002. It is meant to be a guide on how applicants should answer questions when applying for an AFS licence. Version 2 of the AFS Licensing Kit will be released next month. A copy of the Addendum can be obtained from the ASIC website at

www.asic.gov.au/asic/asic.nsf/lkuppdf/ASIC+PDFW?opendocument&key=AFS_