AWRS70100 - Revocation: revocation of approval overview

You should consider revocation of a business’ approval where it is no longer fit and proper to carry out an approved activity, because for example it:

• is non-compliant, failing to reasonably react to warning letters and/or other sanctions, or failing to notify us that an approval is no longer needed and/or
• represents a high revenue risk, for example, the business knowingly enters into high risk trading activities

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