Australian Securities and Investments Commission cancels Centre Capital Securities’ Australian financial services and credit licences for unpaid industry funding levies

The Australian Securities and Investments Commission has cancelled the Australian financial services and Australian credit licences of Centre Capital Securities Pty Ltd, with the cancellations taking effect on 29 January 2026, after the firm failed to pay industry funding levies. The unpaid levies had been outstanding for more than 12 months and related to the 2017-18 to 2022-23 financial years. The cancellations were made under ASIC’s powers to suspend or cancel a licence where a licensee is liable for a levy under the ASIC Supervisory Cost Recovery Levy Act 2017 and has not paid the levy and any late payment or shortfall penalties in full at least 12 months after the due date. Centre Capital Securities’ authorisations included dealing and providing advice to retail and wholesale clients on a range of financial products, and engaging in credit activities other than as a credit provider. Centre Capital Securities has the right to appeal to the Administrative Review Tribunal for review of ASIC’s decisions.