Financial Education Professionals is an Australian owned Registered Training Organisation (RTO Code 90725) providing specialist technical training and licensing compliance solutions for financial workplaces.
RG146 Foreign Exchange describes the knowledge and skills required to analyse client needs and to deal ethically and professionally in foreign exchange instruments. It addresses the training requirements of current Australian Securities and Investments Commission (ASIC) and Australian financial services (AFS) licensing at Tier 1 level.
Who is this course for?
Existing RG146 compliant financial market dealers and brokers, and authorised representatives.
To be RG146 compliant to provide General Advice in Tier 1 Foreign Exchange, you must also successfully complete Generic Knowledge.
- Discuss how global foreign exchange markets operate and the roles played by its various participants
- Describe the features and characteristics of commonly used foreign exchange instruments and how they are traded
- Evaluate techniques for speculating and hedging using foreign exchange instruments
- Devise effective trading plans using foreign exchange instruments, including consideration of regulatory and operational requirements.
- Overview of the foreign exchange market
- Foreign exchange conventions
- Risk management, regulation and operational guidelines
Recognition of Prior Learning
If you have completed Generic Knowledge in the past, we can recognise this prior learning on your certificate. Please send a copy of your transcript to email@example.com to check your eligibility.
On successful completion of Generic Knowledge and Foreign Exchange, participants will be awarded a Certificate of Attainment confirming that they are RG 146 compliant to provide general advice in Foreign Exchange.
We estimate you will need approximately 20 hours study time to complete each subject. Each earning 20 hours/points.
Each course is offered by self study via our learning portal, FEP Online. It provides you with online learning resources, support and assessment.
You have 8 weeks from your enrolment date in which to complete each course.
For each course, there is one (1) open-book knowledge examination comprising of forty (40) multiple choice questions. You are given two (2) attempts with a required 80% pass mark. A practice assessment is available to you.
Download our RG146 Foreign Exchange course brochure
Note that representatives and advisers providing personal advice to retail clients in securities must now meet FASEA education and continuing professional development standards.