Regulation of Australian Financial Services

Our Regulation of Australian Financial Services Course is designed for those who are planning to take on the role of a responsible manager for an Australian Financial Services (AFSL) licensee and/or needs a refresher of Australian regulations.

If your nominated Responsible Manager has been working outside Australia in recent years, ASIC may seek specific demonstration of knowledge of the regulation of Australian financial services.

Comply with ASICs regulatory guide 105 Licensing: Organisational competence.

This online course is practical, and contains scenarios, checklists and exercises.

Program Content

  • Topic 1: Part A: Overview of financial services industry and regulation
  • Topic 1: Part B: Relevant legal principles and compliance
  • Topic 2: Responsible Managers – key requirements and responsibilities

Learning Outcomes

  • Discuss the approach to financial services licensing in Australia
  • Summarise regulations governing the financial services industry
  • Outline what the role of a responsible manager is
  • Explain the ongoing obligations of a responsible manager
  • Analyse the extent to which a responsible manager can be held accountable for the actions of a licensee
  • Devise and implement approaches and techniques that responsible managers can adopt to more effectively fulfil their role.

What you will learn

Who is this course for?

Units of Competency

Pre-requisite

Recognition of Prior Learning

Certification

On successful completion, candidates will be awarded a Certificate of Attainment confirming they have successfully demonstrated knowledge of Regulation of Australian Financial Services.
We also provide a supplementary course outline which details the content covered in the topics. This can be form part of the supporting material supplied to ASIC with:

  • a new AFS licence application;
  • an application to vary an existing licence.

Explore our RG105 Courses

Download Brochure

Frequently Asked Questions

  • There is one multiple-choice knowledge examination.
  • The assessment is closed-book and must be supervised
  • You must nominate a supervisor and obtain approval from us before attempting the examination.
  • You are allowed 50 minutes to complete the examination with a pass mark of 80%.
  • If you are unsuccessful, you may repeat the assessment.
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.

What others say about us

Parallels real workplace experience.

We have been using FEP for a number of years now. The course materials are highly professional and parallels real workplace experience. Staff greatly value participating in meaningful external training and are the greatest advocates.

Efficient, informative and accessible.

The content is well set out, clear and precise. My organisation does the course every year and we are continuing to learn new and interesting things with each new offering. The content is up to date with the industry and completely relevant to my role. I had all the support and learning resources available to get it done…

Extremely relevant and meaningful.

Our firm exclusively uses the services of Financial Education Professionals for all of our ongoing RG146, compliance and responsible manager training for our team. We find course materials extremely relevant and meaningful and this allows our team to have up to date, practical knowledge.

Peter McGuire, CEO, XM