Breach Reporting

Breach Reporting outlines the reporting requirements, and looks at how senior leaders can ensure they lead from the front when it comes to encouraging their organisation’s compliance.

Legislation requires licensees to properly record and report on any breach or likely breach of the Corporations Act, other financial services laws or its AFS Licence conditions. Significant enough breaches must be reported to ASIC or APRA.

Breach management can also be a valuable tool for ensuring that your organisation’s current policies and procedures are effective and help it to remain compliant with its legislative and regulatory obligations.

 

Program Content

Learning Outcomes

What you will learn

  • What constitutes a breach, or likely breach, of a licensee’s legislative requirements
  • Characteristics that determine whether a breach, or likely breach, is significant
  • The process of recording a breach, or likely breach, in organisation records or to ASIC
  • How ASIC evaluates reported breaches and how it determines which items to investigate further
  • ASIC’s expectations regarding breach management-related conduct
  • Reforms to breach reporting requirements taking effect October 2021.

Who is this course for?

Units of Competency

Pre-requisite

Recognition of Prior Learning

Certification

You will be awarded a Certificate of Completion. It will be available online for you to download and print immediately.

Explore our CPD Short Courses

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Frequently Asked Questions

Our CPD short courses are self-paced with online learning resources & on-going support.
  • You have up to 8 weeks to complete the learning and assessment requirements for your CPD short course.
  • Experienced professionals can complete in less time.
Our CPD short courses are assessed by a short open book multiple-choice exam.
You can enrol your team, either
  • Online. Find the right course and make an online purchase or
  • Talk with us to develop your team training program.
Our courses, CPD and qualifications are 100% online, so you can start anytime, anywhere.
What is FEPs Mortgage and Credit CPD program?2021-12-17T10:41:43+11:00

Our Credit and Mortgage Broking CPD (RG206) is an essential annual update for credit licencees. It covers everything you need to know in one convenient online course.  Each program earning 20 CPD points.

Our programs are packed full of essential regulatory updates and practical tips for achieving the best outcomes for your clients, efficiently and compliantly.