Compliance services
the way you want them

It’s time to take compliance off your to-do list. Source makes it simple with compliance services that take the burden off your business.

Our experts are cooperative and collaborative, and will work closely with your team to cover all of your key risk areas. From preparing AFSL and ACL applications, to ongoing day-to-day compliance, we’ll stay on top of all your compliance requirements so you can get back to business.

Need compliance support?
Source it

Let’s get it out of the way: failure to comply with regulatory requirements can mean big penalties and reputational damage for your business. It’s important to do compliance right.

Whether you need occasional compliance and risk advice, or ongoing expert professional services support, Source fills the gap with a team tailored to your needs.

Our compliance professionals have decades of combined experience and transform the daunting task of compliance obligations into an easy and seamless process.

Scale up or dial down – business isn’t linear, and neither is Source. We help all types and sizes of businesses, with an agreed monthly retainer for price certainty.

Our services

Ongoing compliance

We take the word ‘ongoing’ seriously, with compliance support on tap. Source can take care of some or all aspects of ongoing compliance management, including maintaining compliance systems, policies, regulatory lodgements, compliance training and monitoring, financial adviser reviews, and risk management review and assessments. We can also assist in any remediation and act as your liaison with regulators.

Establishing compliance frameworks

Have you just been issued an Australian Financial Services License (AFSL) or Australian Credit Licence (ACL) and don’t know where to start? Source can help build your compliance framework and manage the early days of your business’ compliance and risk management, design and implementation. This may include assistance with developing required processes, documentation of policies and procedures, set-up of registers, compliance reporting, and more.

Health checks

Haven’t looked at your compliance or risk management framework in a while? Source can review what is in place, identify gaps or weaknesses that might have gone unnoticed, and recommend improvements to get you back on track. If you don’t have time to implement the changes, our team can assist with the remediation as well.

AFS and credit licensing

We can assist you with licence applications and variations. We also handle Responsible Manager appointments, and Key Person condition changes. And all that paperwork? We’ll prepare the documentation, plus liaise with ASIC throughout the entire assessment process.

Adviser file audits

Our skilled financial services compliance professionals provide adviser, broker and file reviews to give you an assessment against the regulations and your internal policies. Source aims to remove bias of an internal review and help you identify areas to remediate or improve. We provide an annual review service, as well as pre and post vets where required.

Risk management frameworks

All licensed, public and listed entities are required to have a robust Risk Management Framework (RMF). Source can facilitate a review of your existing framework and assist in documenting and monitoring the risk controls. We will work closely with your Board and senior management team to build a RMF suitable for your business.

Anti-money laundering and counter-terrorism financing obligations

Are you providing designated services under the AML/CTF Act? We can tailor or update your AML/CTF program, facilitate and document your ML/TF risk assessments, complete independent reviews of your AML/CTF program, and assist with submitting your annual compliance report to AUSTRAC.

Legal or privacy help

Have an issue that requires deep legal expertise or a privacy specialist? Source can help with that too. For highly complex queries, we call upon our allied business Hamilton Locke for specialised legal expertise, or Helios for privacy advice.

“The greatest advantage of working with Source is benefiting from their extensive knowledge and experience. They have been instrumental in identifying and addressing gaps in our compliance and are always available to answer any questions we have. Their value as subject matter experts cannot be overstated; their guidance and expertise have been truly invaluable.”

“We can’t thank Source enough for their help in successfully obtaining our Australian Financial Services Licence. The entire process was easy and seamless, thanks to their expertise and guidance. What could have been a complex and stressful journey felt straightforward, and we truly appreciated their professionalism throughout. Thank you again for the excellent work!”

“Source Services has been an invaluable partner to us over the long term, helping to build out our regulatory and compliance frameworks, manage ongoing monitoring activities, and provide timely, ad hoc advice. They have consistently demonstrated an ability to add value and adapt to the challenges that come with servicing a rapidly growing business like ours. Their responsiveness and flexibility have allowed us to stay ahead of compliance requirements while maintaining our focus on growth.”