ASIC has cancelled the Australian financial services (AFS) licence of Melbourne based financial services provider Golden Financial Group. The company had failed to lodge its annual financial reports and did not have membership of an external dispute resolution system. ASIC said in response to its enquiries, Golden Financial advised the regulator it had ceased the business and requested its AFSL cancellation. Golden Financial has held AFS licence since April 3, 2008. The licensee was previously trading as NSG Services Pty Ltd and National Sterling Financial Services Pty Ltd. Back...
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