The Australian Securities and Investments Commission (ASIC) has released another series of updated versions of its industry-specific guides to assist those still applying for their Australian financial services licence.

The updated guides contain a range of changes, including new regulations and class orders that have widened the categories of applicants eligible to apply under the streamlining process.

ASIC’s Pauline Vamos told Sunrise Exchange News the guide for insurance multi-agents hasn’t been updated because it is now too late in the transition period to apply for a qualified licence.

“To ensure an application is correct and to avoid rejection for wrong authorisations ASIC recommends all applicants use the guides as a final check,” she said.