The Australian Securities and Investments Commission (ASIC) cancelled Ricard Securities Pty Ltd’s AFS license (No. 299812) effective October 28, 2025, due to unpaid industry levies, CSLR installments, and failure to lodge audited financial reports. The firm may continue limited services until December 24, 2025, for winding up or managing unregistered schemes it trustees, including the Property Investment Fund and Mortgage Income Fund, while maintaining dispute resolution and insurance obligations. Ricard can appeal to the Administrative Appeals Tribunal.
ASIC Cancels License of Ricard Securities
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