Australia financial regulator ASIC has announced that it has suspended the Australian financial services (AFS) license of Probis Financial Services Pty Ltd, after it was placed into voluntary administration on 17 July 2023.
Probis is a Sydney-based financial service provider authorised by ASIC (AFSL 338241) to issue OTC derivative contracts (including Margined FX and Contract for Difference contracts) to both retail and wholesale clients. The company is also authorised to act as trustee for unregistered managed investment schemes which can be accessed by wholesale clients only, and to act as responsible entity for AAWM, a registered managed investment scheme, which can be accessed by retail…
