Credit history, bankruptcy searches, and directorship checks for roles involving financial responsibility. Sourced from AFSA, ASIC, and credit reporting bodies.
Overview
For roles involving financial responsibility — accountants, finance managers, procurement officers, and executives — a financial background check provides critical insight into a candidate's financial history. This is not about judging personal circumstances, but about identifying risks that could affect their suitability for positions of financial trust.
Refchecks searches the AFSA (Australian Financial Security Authority) National Personal Insolvency Index for bankruptcy and insolvency records, queries ASIC (Australian Securities and Investments Commission) for directorship history and disqualified director status, and can access credit reporting data through accredited channels.
Financial checks are particularly important for regulated industries. ASIC-regulated entities, financial services licence holders, and organisations subject to AML/CTF (Anti-Money Laundering/Counter-Terrorism Financing) obligations often require these checks as part of their fit-and-proper-person assessments.
What's Included
Access credit file data including defaults, court judgements, and credit enquiry history through accredited credit reporting bodies (Equifax, illion, Experian).
Search the National Personal Insolvency Index for current and discharged bankruptcies, debt agreements, and personal insolvency agreements.
Verify current and former company directorships, check for disqualified director status, and identify potential conflicts of interest.
Combined financial checks support fit-and-proper-person assessments required by ASIC, APRA, and other regulatory bodies for licensed roles.
Financial checks require explicit candidate consent under the Privacy Act 1988. Refchecks manages the consent process and ensures compliance with credit reporting regulations.
Process
Select the financial checks required for the role. The candidate receives a consent form covering credit reporting access, AFSA search, and ASIC directorship query.
Once consent is obtained, searches are submitted to the relevant databases. AFSA and ASIC results are typically returned within hours; credit reports within 1–2 business days.
Results are compiled into a single financial background report on your dashboard. Any adverse findings are clearly highlighted for review.
Turnaround & Pricing
Turnaround Time
1–2 business days
Included in all plans
From $49/month
Financial checks are included in your plan quota. Credit bureau access fees are covered.
FAQ
Related Services
Join recruitment teams who have simplified their verification process. Start your free trial today — no credit card required.