Syfe operates in Australia as a Corporate Authorized Representative of Sanlam Private Wealth Pty Ltd, who holds an Australian Financial Services Licence and is regulated by ASIC.
To ensure compliance with ASIC regulations, Syfe Australia must meet all obligations under Sanlam's Australian Financial Services Licence. It is important to note that while Syfe does not have its own Australian Financial Services Licence, our agreement with Sanlam allows us to offer financial services to Australian investors.
The cryptocurrency trading services provided by Syfe are not covered under the corporate authorised representative arrangement with Sanlam. Cryptocurrencies and cryptocurrency markets are not currently regulated as financial services under Australian law.