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ARTICLE · 28 JANUARY 2025

Licensing at Sophie Grace: A year in review

Sophie Grace Pty Ltd
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Sophie Grace has taken some time to review its 2025 AFS and Credit Licensing trends.

AustraliaFinance and Banking
Victoria Lombardo
Victoria Lombardo
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As we settle into 2025, Sophie Grace has taken some time to review its 2025 AFS and Credit Licensing trends.

Australian Financial Services Licences

For AFS Licensing, Sophie Grace submitted a total of 36 applications to ASIC (either for new businesses looking to obtain an AFS Licence or for existing AFS holders looking to vary their licence).

The table below shows a summary of Sophie Grace's 2024 AFS licensing activity:

Submitted Granted* Under Assessment*
Applications 23 19 5
Variations 13 9 5

Australian Credit Licences

In relation to Credit Licensing, Sophie Grace submitted a total of 12 applications to ASIC (either for new businesses looking to obtain a Credit Licence or for existing Credit Licence holders looking to vary their licence).

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