You are providing DIMS when an investor gives you the authority to make decisions about buying and selling financial products on their behalf.
Under the FMC Act, you need a licence to provide discretionary investment management services (DIMS).
Exemptions are available. This table lists some examples of DIMS licence exemptions. See our current exemption pages for a full list of DIMS exemption notices.
When urgent decisions are required, or for a known or specified period. Find out how you can offer DIMS in these situations