FAQs
Allocated Bullion Exchange Ltd (“ABX”) is a company incorporated in Australia and governed by Australian law. ABX is regulated and subject to the oversight of the Australian Securities and Investments Commission (ASIC) and is required, pursuant to the Corporations Act 2001, to publish annually audited financial statements.
In Australia, the sale and purchase of investment-grade physical precious metal bullion (gold, silver and platinum) does not require an Australian Financial Services License (‘AFSLAllocated Bullion Exchange Ltd (“ABX”) is a company incorporated in Australia and governed by Australian law. ABX is regulated and subject to the oversight of the Australian Securities and Investments Commission (ASIC) and is required, pursuant to the Corporations Act 2001, to publish annually audited financial statements.
In Australia, the sale and purchase of investment-grade physical precious metal bullion (gold, silver and platinum) does not require an Australian Financial Services License (‘AFSLAllocated Bullion Exchange Ltd (“ABX”) is a company incorporated in Australia and governed by Australian law. ABX is regulated and subject to the oversight of the Australian Securities and Investments Commission (ASIC) and is required, pursuant to the Corporations Act 2001, to publish annually audited financial statements.
In Australia, the sale and purchase of investment-grade physical precious metal bullion (gold, silver and platinum) does not require an Australian Financial Services License (‘AFSL’). We have confirmed this with independent third party advice. No “financial products” (as defined under Australian financial services law) are offered or traded through ABX. No derivatives are offered through ABX and there is no capability for short-selling through ABX.
In addition, there is no legal requirement under Australian law for persons or organisations buying or selling physical precious metal bullion on ABX, or giving advice regarding using the service of ABX to buy or sell physical precious metal, to hold an AFSL. ABX operates a range of “hubs” in key.