Responsible Manager Fundamentals Course
What do responsible managers do?
Responsible managers are critical to a company demonstrating and maintaining its compliance and competence. ASIC expects RMs to play an active role in fostering a compliance culture in their business and in the financial services industry more broadly.
About our Responsible Manager Fundamentals Course
Our Responsible Managers Fundamentals is particularly ideal for financial services professionals seeking to boost their depth and breadth of regulatory knowledge before being considered for the role of responsible manager.
It is also suitable for other roles within an organisation for whom it would be valuable to learn:
- What responsible managers do
- The appropriate standard of knowledge and skills about AFS licensing responsible managers are required to have
- The important, ongoing role responsible managers play in ensuring organisational competence.
Discover the knowledge and skills it takes to be an effective first line of defence for your organisation and positive driver of culture and conduct.
Program Content
- Financial services regulation and licensing
- Roles and responsibilities of a responsible manager
- Application of cross-industry laws in financial services
Learning Outcomes
What you will learn
- How the financial services industry is regulated in Australia
- Conduct and disclosure obligations firms and their representatives must meet under financial services law and regulatory guidance
- Other laws and standards that govern financial services activities, including consumer law, AML and Privacy
- General obligations of Australian Financial Services Licensees
- Attributes and responsibilities of a responsible manager
- The role responsible managers play in ensuring the financial services organisation they work for operates compliantly.
Who is this course for?
- Newly appointed responsible managers working in an organisation that holds an Australian Financial Services (AFS) licence
- Participants wanting to understand the role of responsible manager within the context of AFS.
Units of Competency
Pre-requisite
Recognition of Prior Learning
Certification
On successful completion, participants will be awarded a Certificate of Attainment confirming they have successfully demonstrated knowledge of Responsible Manager Fundamentals.
No other accreditations or units of competency are awarded.
