Key points
ACRA distinguishes full CSP registration from deemed registration for qualifying designated activities without the listed corporate-service activities. The scope includes specified client transactions involving assets, accounts and business arrangements. Do not assume that PAE status creates a blanket exemption from the CSP framework.
Planning your next steps
A deemed CSP must address RQI requirements before the relevant services begin. In the absence of appointed RQIs, PA key appointment holders can become deemed RQIs. Particulars changes and appointments or cessations have 14-day notification requirements. Review the actual service mix when deciding the route, and retain a record of who carries out or supervises the designated activities.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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