ASIC suspends Longhou Capital Markets Pty Ltd’s AFS licence

Australian regulator ASIC suspended today the Australian financial services (AFS) licence of Queensland-based financial services provider, Longhou Capital Markets Pty Ltd (Longhou), for three months until 12 June 2020.

Christopher Darin, of Worrells Solvency & Forensic Accountants with website, was appointed as voluntary administrator on 28 February 2020. Darin was associated with two other entities with suspended licenses, Theta Asset Management, Valuestream Investment.

ASIC suspends AFS license

Until 13 March, Longhou  has 18 representatives with authorization, providing financial services on the company’s behalf. The suspension of Longhou ‘s AFS licence means that the representatives must immediately cease providing financial services

Read More:

Read Also: