Keep the financial advisers register entries current
Key facts
- Human involvement
- GreenLawyer review
- How AI is used
- From the licensee’s adviser records (appointments, cessations, qualifications, authorisations, CPD status), compare each adviser’s details with the public register, list every difference with its effective date, and calculate the update deadline for each.
- What the lawyer must review
- The compliance manager or lawyer confirms each difference against the adviser’s records, decides what must be updated, and confirms the register is corrected within the deadline.
- Written for / version
- US
Open a jurisdiction version of this task to see which instruments apply: US
Who does what
| Role | What they do |
|---|---|
| Assistance | From the licensee’s adviser records (appointments, cessations, qualifications, authorisations, CPD status), compare each adviser’s details with the public register, list every difference with its effective date, and calculate the update deadline for each. |
| Lawyer | The compliance manager or lawyer confirms each difference against the adviser’s records, decides what must be updated, and confirms the register is corrected within the deadline. |
Checklist
- Confirm client and complaint records go only into a tool the licensee has approved for customer data, and that outputs disclose no client information beyond what the recipient needs.
- Check each difference against the adviser’s source records.
- Count each 30 business day deadline from the change date.
- Confirm updates appear on the public register.
Sources
- Moneysmart (ASIC), Financial advisers register · 2026-10-18
These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.