1. Check you are authorised to update the Financial Advisers Register

You are authorised to update the Financial Advisers Register if you:

• have your own AFS licence
• manage an AFS licence for a business, or
• have been authorised to update the Financial Advisers Register by an AFS licensee.

You need to be set up in ASIC Connect to update the Financial Advisers Register. ASIC Connect is our online service for notifying and updating details with ASIC.

For more information, see Who updates the Financial Advisers Register.

2. Collect the information you need

You need to provide the following details for each relevant provider you want to remove:

• the relevant provider’s representative number
• who appointed the relevant provider (AFS licensee or authorised representative)
• the role to be ceased (relevant provider and/or authorised representative)
• the date the relevant provider’s role was ceased.

If the relevant provider is also an authorised representative, the AFS licensee has the option to cease their role as a relevant provider and as an authorised representative in one transaction.

If you want to re-appoint a relevant provider who has been removed from the Financial Advisers Register, then you need to Appoint (add) a relevant provider.

3. Decide how you will pay

Fees apply for removing a relevant provider from the Financial Advisers Register. You can choose to pay either:

• online using a credit card, or
• later by BPAY or invoice.

The cost depends on how many relevant providers you remove. Late fees may also apply. See Fees for updating the Financial Advisers Register.

4. Log in to ASIC Connect

Log in to ASIC Connect and follow the prompts.

Refer to How to cease authorised representatives / relevant providers for step-by-step instructions.