ASIC has cancelled the Australian financial services (AFS) licence of New South Wales-based financial services provider LRA Corporate Pty Ltd ACN 062 427 696 (LRA Corporate) effective from 3 February 2025.
The AFS Licence was cancelled after ASIC became aware that LRA Corporate had ceased to carry on a financial services business. ASIC may suspend or cancel an AFS Licence if the licensee ceases to carry on a financial services business under section 915B of the Corporations Act.
