The Australian Securities & Investments Commission has cancelled the Australian financial services licence of ABL Funds Management Pty Ltd after the firm failed to meet statutory audit and financial reporting lodgement obligations for the financial years ending 30 June 2023, 2024 and 2025. ABL had held its licence since 20 August 2014 and was authorised to provide general financial product advice, deal in financial products, and provide custodial and depository services to wholesale clients. The cancellation is recorded on ASIC’s Professional Registers Search. ABL can apply to the Administrative Review Tribunal to seek a review of ASIC’s decision.