ASIC Compliance Management Software

ASIC Compliance Management Software for Australian AFS Licensees

Bring your AFS obligations, IDR/AFCA reporting, breach-reporting clocks, financial reporting, and director duties registers into one organised work surface.

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What is ASIC compliance management software?

ASIC compliance management software is a single system that helps Australian companies meet their obligations to the Australian Securities and Investments Commission. In practice, that covers an Australian Financial Services (AFS) licensee obligations register, internal dispute resolution (IDR) and AFCA reporting, breach-reporting timelines, corporate governance records, financial reporting calendars, and director duties registers.

What you can manage in NovoCove

Six obligation areas most ASIC-regulated teams need to track.

AFS licensee obligations register

Record every obligation attached to an Australian Financial Services licence: responsible managers, disclosure obligations, fee disclosures, and reporting timelines.

AFCA and IDR reporting

Track internal dispute resolution (IDR) responses, AFCA case outcomes, and the 30-day / 45-day reporting deadlines that follow.

Breach reporting timelines

Log reportable situations, assess the 30-day significant-deficiency clock, and capture ASIC Form RF101 submissions with linked evidence.

Corporate governance register

Maintain director and officer records, related-party transactions, conflicts registers, and board-meeting minutes with full version history.

Financial reporting calendar

Half-year and full-year financial reports, director's reports, and auditor sign-offs organised on a single calendar with automated reminders.

Director duties register

Capture section 180–184 duties, declarations of interest, related-party dealings, and the disclosure trail ASIC would expect on request.

How NovoCove keeps ASIC obligations on track

The platform primitives that make ASIC compliance work less of a scramble.

Single obligations register

Owners, due dates, status, and evidence in one structured place.

Reminders that respect the clock

30-day and 45-day breach reporting windows do not slip through.

Evidence in context

AFCA responses, board minutes, and policy versions stay attached to the obligation they support.

Readiness view

See what is complete and what still needs attention before ASIC enquiries arrive.

Clear ownership

Every obligation has a named accountable owner and an escalation path.

Role-based access

Sensitive governance records stay restricted to the people who need them.

Why ASIC-regulated teams use NovoCove

A practical approach to compliance work, designed for mid-market and growing Australian teams.

  • A single, current view of every AFS, governance, and reporting obligation
  • Breach-reporting clocks captured at the date of identification, not the date of discovery
  • Evidence attached to the obligation it supports, so ASIC enquiries find the right record fast
  • Role-based access for directors, compliance, and frontline staff
  • Reminders that respect the 30-day and 45-day windows in the reportable situations regime
  • Hosted in Australia, with enterprise-grade security

Frequently asked questions

What is ASIC compliance management software?
ASIC compliance management software is a single system that helps Australian companies meet their obligations to the Australian Securities and Investments Commission. In practice, that covers an Australian Financial Services (AFS) licensee obligations register, internal dispute resolution (IDR) and AFCA reporting, breach reporting timelines, corporate governance records, financial reporting calendars, and director duties registers.
Is NovoCove an ASIC-licensed product?
No. NovoCove is a compliance management platform, not an ASIC licensee. It helps you organise and evidence the work behind your ASIC obligations; it does not lodge reports on your behalf, and it is not a substitute for an AFS licensee or for legal advice.
Who uses ASIC compliance management software?
AFS licensees, responsible managers, compliance officers, governance and risk teams, and directors of Australian companies. It is most useful where there is a steady stream of obligations with hard deadlines — IDR responses, breach-reporting clocks, financial reporting, and director disclosures.
Can NovoCove manage the 30-day breach-reporting timeline?
Yes. You can record the date an issue was identified, capture the 30-day significant-deficiency clock, and assign a responsible owner with automated reminders. Linked evidence (the Form RF101, internal investigation notes, board minutes) stays attached to the obligation for the audit trail ASIC would expect.
Does NovoCove replace our existing ASIC workflows?
Not necessarily. Many teams use NovoCove as the day-to-day compliance work surface alongside their existing governance, risk, and audit tools. The fit is strongest when you need a single place to track ASIC obligations, deadlines, and evidence; it is less of a fit for transaction-monitoring or surveillance work that lives in dedicated RegTech tools.
Is NovoCove hosted in Australia?
Yes. NovoCove is hosted on Australian infrastructure with enterprise-grade security controls. Customer data does not leave Australia.

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See how NovoCove helps AFS licensees and governance teams keep obligations, evidence, and reporting in one place.

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