What happened
ASIC has cancelled the Australian financial services (AFS) licence held by CAIP Services Pty Ltd. The cancellation took effect on 8 July 2026.
Details of the cancelled licence
CAIP Services Pty Ltd held AFS Licence number 432297, originally granted on 6 February 2013. The licence authorised the company to deal in and advise on general insurance and life risk insurance products for both retail and wholesale clients.
Basis for cancellation
The cancellation was made under section 915B(3)(a) of the Corporations Act 2001. That provision allows ASIC to cancel an AFS licence when the licence holder ceases to carry on a financial services business.
Review rights
CAIP Services Pty Ltd has the right to appeal the decision to the Administrative Review Tribunal.
Key actions
- An AFS licence can be cancelled under section 915B(3)(a) of the Corporations Act 2001 if the holder ceases to carry on a financial services business. Licence holders are required to remain active in providing financial services.
- Businesses or individuals that currently rely on CAIP Services Pty Ltd (AFS Licence 432297) as their AFS licensee or authorised representative are required to confirm their licensing arrangements, as the licence was cancelled on 8 July 2026.
- ASIC's published registers at asic.gov.au are available to verify the current status of any AFS licence before providing financial services.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.