The Australian Securities and Investments Commission (ASIC) has announced the withdrawal of Strathnaver Capital Pty Ltd's Australian Financial Services (AFS) licence. This is another licence revocation decision issued by the regulator this month following the revocation of Family Wealth Strategy Pty Ltd's AFS licence.

The regulator said in a statement that the license was revoked because Strathnaver Capital Pty Ltd no longer carries out financial services business.

If an individual or corporate entity is no longer engaged in financial services business, ASIC may cancel the AFS licence held by the individual or entity without a hearing.

Strathnaver Capital Pty Ltd was granted its AFS licence on 10 June 2020.