ob体育 has cancelled the Australian financial services licence (AFSL) of Robert Bayntun Starky, a financial services provider based in Stanwell Tops, New South Wales.
The cancellation was effective from 29 April 2021.
ob体育 cancelled the licence because the licensee failed to pay an AFCA determination, resulting in the cancellation of its membership. The licensee also failed to lodge its 2020 audited financial accounts, and maintain professional indemnity insurance cover.
Australian financial services licensees must comply with their licence conditions and have adequate resources to provide the financial services covered by their licence. ob体育 may suspend or cancel an AFSL if a licensee聽fails to meet its obligations.
Robert Bayntun Starky held AFS licence number 300423 since 8 June 2006.聽The licensee may apply to the AAT for a review of ob体育鈥檚 decision.