Student Handbook: FNSASIC503VB Provide advice in DERIVATIVES


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FNSASIC503VB Provide advice in DERIVATIVES

Unit description

Nominal Time:

This course contains approximately 240 hours (30 days) of courseware and assessment. A nominal time of 240 hours means that the average adult with at least Year 12 (VCE) and little prior knowledge could be expected to take 240 hours to complete this unit of competency by itself. Since most of those who will enrol in this unit have considerable prior knowledge, they will complete the material more quickly.

Students who have completed one of the other ASIC units of competency will have satisfied the following competencies contextualised to a different set of financial products and can therefore be expected to complete the course more rapidly.

Students enrolled in this unit will be enrolled in and co-assessed on

  • FNSICCUS506B Determine client requirements and expectations
  • FNSICCUS507B Record and implement client instructions.
  • FNSFMKT502B Analyse financial market products for client
  • FNSFMKT503B Advise clients on financial risks.

Given the overlap in elements of competency and skills and knowledge requirements, this adds minimal time to the course.

 

This unit has been specifically designed to, when combined with industry specified units, satisfy the skills requirements of current Australian Securities and Investment Commission (ASIC) regulation (Financial Services Reform Act) at Tier 1 (Diploma) level in the Derivatives specialist and generic knowledge areas. The unit will be changed in accordance with relevant changes to the legislation.

This unit is a co-requisite unit that cannot be assessed or issued without first satisfying the industry specific units identified in the Evidence Guide.

This unit contains employability skills.

This unit requires the application of skills and knowledge required to provide advice in Derivatives in accordance with ASIC regulations.

 

Industry Capability- ASIC Advisory Units

 

Elements of Competency

ELEMENT

PERFORMANCE CRITERIA

Related Assessment Material

1.1 A range of communication and interpersonal skills are used to establish the knowledge level of client

 

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 2a-

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

1.2 Enquiries in relation to products and services are responded to by explaining the range of products and services available and their relevant fee and charging methodology

 

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 3b

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

See also assessment Items (Questions) Listed under Specialist Knowledge Requirements: Operation and Management of the Derivatives Industry

 

1.3 Client is informed of the role of the adviser and the licensee/principal responsible for the adviser's conduct

 

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 3a

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

See also assessment Items (Questions) Listed under Generic Knowledge Point K1.6 and under Specialist Knowledge Requirements: Legal Environment and Disclosure

 

1.4 Familiarity with the procedures for complaints handling and the circumstances in which they should be engaged is demonstrated

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 14

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

a40s104t01L14: Dispute resolution Q1-20

a40s104t01L15: Managing Conflicts of Interest Q1-20

 

2.1 A range of communication and interpersonal skills are used to gather clients' personal, financial and business details

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 2c

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

2.2 Clients needs are identified by encouraging expression of their objectives and goals (short, medium and long term goals as relevant to the product)

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 2c

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

2.3 Product risk profile of the client is identified

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 7a

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

A03s001t01l00: Types Of Risk

A03s001t01l01: Mismatch Risk Q1-11

A03s001t01l02: Inflation Q1-9

A03s001t01l03: Interest Rate: Reinvestment, Market Volatility Q1-14

A03s001t01l04: Market Risk Q1-10

A03s001t01l05: Market Timing Q1-10

A03s001t01l06: Lack Of Diversification Q1-10

A03s001t01l07: Currency Q1-10

 

 

2.4 Clients expectations of cash flow and relevant taxation obligations are obtained

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 2c

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

See also assessment Items (Questions) Listed under Generic Knowledge Point K1.4 and under Specialist Knowledge Requirements: Taxation

3.1 An assessment of client needs is undertaken, utilising all information gathered and taking into account clients product expectations and specific needs

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 4a

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

3.2 Clients are consulted throughout the analysis for further clarification where necessary

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 5b

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

3.3 The need for specialist advice is analysed and/or client is referred to appropriate adviser for higher level/specialist advice if required

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 10

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

3.4 Product risk profile of the client is assessed and agreed

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 7a

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

3.5 Understanding of the ASIC identified generic and specialist knowledge relevant to the products being offered, as detailed in the Evidence Guide, is demonstrated

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 5d

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

Also see all questions listed under Skills and Knowledge Requirements

4.1 An appropriate strategy to provide for identified needs and outcomes is determined from analysis of products, client risk profile and assessment of clients' needs

 

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 8a

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

See all Assessment items (Questions) Listed below under Knowledge Requirements

 

4.2 Relevant research, analysis and product modeling is conducted

 

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 6a

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

A11s002t02l01: Valuation Ratios Q1-10

A11s002t02l02: Profit Margins Ratios Q1-10

A11s002t02l03: Growth Rates Ratios Q1-10

A11s002t02l04: Financial Strength Ratios Q1-10

A11s002t02l05: Management Effectiveness Ratios Q1-10

See all Assessment items (Questions) Listed below under Knowledge Requirements

 

4.3 Appropriate solution (plan, policy or transaction) is drafted for presentation to client

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 6c

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

See all Assessment items (Questions) Listed below under Knowledge Requirements

5.1 Product knowledge appropriate for the service or product offered is demonstrated when presenting the product

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 8b

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

See also assessment Items (Questions) Listed under Specialist Knowledge Requirements: Operation and Management of the Derivatives Industry and Small Funds

 

5.2 The proposed transaction is explained and discussed with the client in a clear and unambiguous way

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 9b

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

5.3 Relevant details, terms and conditions of product/service are reinforced to client

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 9b

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

See also assessment Items (Questions) Listed under Specialist Knowledge Requirements: Operation and Management of the Derivatives Industry and Small Funds

 

5.4 Impacts and possible risks of the solution are disclosed in a clear and concise manner to the client

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 9c

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

See also assessment Items (Questions) Listed under Specialist Knowledge Requirements: Operation and Management of the Derivatives Industry and Small Funds

 

5.5 Client is provided with written supporting documentation and guided through the key aspects of the documentation

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 9d

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

6.1 Concerns and/or issues the client has regarding the proposed plan/policy/transaction are discussed and clarified

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 9e

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

6.2 Confirmation is sought from client that they understand the proposed plan/policy/transaction

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 11b

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

7.1 The clients' formal agreement to the proposed plan/policy/transaction is gained

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 11 a

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

7.2 Associated fee and cost structures are clearly explained and confirmation of understanding gained from the client

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 9a

See also assessment Items (Questions) Listed under Specialist Knowledge Requirements: Operation and Management of the Derivatives Industry

 

7.3 Timeframes for execution and processing are clearly explained and confirmation of understanding gained from the client

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 9b

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

8.1 Proposal and all other statutory and transactional documents are completed and signed off by the client

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 11b

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

See also assessment Items (Questions) Listed under Generic Knowledge Point K1.6 and under Specialist Knowledge Requirements: Legal Environment and Disclosure

 

8.2 Copies of appropriate documentation and the signed agreement are exchanged

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 11b

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

See also assessment Items (Questions) Listed under Generic Knowledge Point K1.6 and under Specialist Knowledge Requirements: Legal Environment and Disclosure

9.1 Type and form of ongoing service including reporting on performance and review of plan/policy/transaction is agreed with the client

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 11a

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

9.2 Fees and costs for ongoing and specifically defined service are clearly explained and confirmation of understanding gained from the client

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 9a

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 

 

9.3 Ongoing service is provided as required.

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 12c

a00s102t33L09: Derivatives: Client 10 Q -

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

 


REQUIRED SKILLS AND KNOWLEDGE

This describes the essential skills and knowledge and their level, required for this unit.

Required skills:

Skills requirements

Related Assessment Items

ability to perform completed needs analysis

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 4a, 5b,7a

 

analytical skills

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

A11s002t01l01: Risk Vs Return Q1-5

A11s002t01l02: Ratios Q1-10

A11s002t01l03: Ratio Groups And Rules Q1-9

A11s002t01l04: Understanding Ratio Tables Q1-10

A11s002t02l01: Valuation Ratios Q1-10

A11s002t02l02: Profit Margins Ratios Q1-10

A11s002t02l03: Growth Rates Ratios Q1-10

A11s002t02l04: Financial Strength Ratios Q1-10

A11s002t02l05: Management Effectiveness Ratios Q1-10

A13s001t05l06: Problems With Performance Measurement Q1-10

A13s001t05l07: Assessing The Contribution Of Management Q1-10

 

Also see all questions listed under Knowledge Requirements

presentation skills

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 6c,8b

 

customer negotiation skills

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 9a-e,11a, 11b

 

ability to analyze information and products to ensure appropriateness to client needs, currency and accuracy

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 6,8

 

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

A11s002t01l01: Risk Vs Return Q1-5

A11s002t01l02: Ratios Q1-10

A11s002t01l03: Ratio Groups And Rules Q1-9

A11s002t01l04: Understanding Ratio Tables Q1-10

Also see all questions listed under Knowledge Requirements

effective interpersonal and communication skills

a00S103t09L01PT: Derivatives Test 1 Q -

a00S103t09L02PT: Derivatives Test 2 Q -

a00S103t09L03PT: Derivatives Test 3 Q -

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 2,8,9

 

Required knowledge:

Knowledge requirements include:

Generic knowledge requirements

Knowledge Requirement

Resources/Assessment ITems

K1.1 generic knowledge about the economic environment, the characteristics and impact of economic and business cycles, including interest rates, exchange rates, inflation, and government monetary and fiscal policies

A20s000t01l01 Economics Intro, Q1-14

A20s000t01l02 Domestic Economy, Q1-28

A20s000t01l03 The World Economy, Q1-12

A20s000t01l04 Economics At The Industry Level, Q -11

 

K1.2 generic knowledge about the operation of financial markets, the roles played by intermediaries and issuers, structure and inter-relationships within the financial markets, and inter-relationship between industry sectors

A10s032t16l00 Markets And Securities Q1-15

 

a15s005t01L00 Securities, Derivatives And Futures Markets

A03s001t01l06 Lack Of Diversification Q1-10

 

K1.3 generic knowledge about financial products, including the concept of a financial product, general definition, specific inclusions and exclusions, types of financial investment products, types of financial risk products

a15s005t01L01 Equities

a15s005t01L03 Futures

a15s005t01L04 Options On Futures

a15s005t01L05 Warrants And Other Derivatives

a15s005t01L06 Equities Markets

a15s005t01L07 Options And Derivatives Markets

a15s005t01L08 Futures Markets

a15s005t01L09 Relationships Between Markets

a15s005t01L10 Comparing Risks

 

 

K1.4 generic knowledge about the taxation issues in relation to the products and markets in which they operate

a25s001t01L01: The Australian Taxation Systems Q1-15

a25s001t01L02: Income Tax Q1-15

a25s001t01L03: Deductions Q1-14

a25s001t01L04: Rebates Q1-15

a25s001t01L05: Goods And Services Tax Q1-30

a25s001t01L06: Fringe Benefits Tax Q1-28

a25s001t01L07: Capital Gains Tax Q1-10

a25s001t01L08: Who Pays Income Tax Q1-27

a25s001t01L09: Tax And Derivatives Contributions Q1-28

a25s001t01L10: Tax And Derivatives Benefits

a25s002t02L01: Shares Q1-30

a25s002t02L02: Real Estate Q1-30

a25s002t02L03: Interest Bearing Securities Q1-30

a25s002t02L04: Derivatives Q1-30

a25s002t02L05: Effects Of Taxation On Financial Strategies Of Individuals And Entities Q1-30

a25s002t02L06: Salary Packaging Q1-30

a25s002t02L07: Derivatives Q1-30

a25s002t02L08: Fringe Benefits Q1-30

a25s002t02L09: Tax And Fixed Interest Markets Q1-30

a25s002t02L10: Tax And Managed Funds Q1-30

 

K1.5 generic knowledge about advisory functions, the role of the representative/adviser, participants in the advisory services market, range of services provided, profile and financial information of the client, appropriateness of a risk assessment

A05s031t01l00: Contracts

A05s031t01l01: Contracts Q1-10

A05s031t01l02: Types Of Contracts Q1-11

A05s031t01l03: Terms Of Contracts Q1-10

A05s031t01l04: False And Misleading Information Q1-5

A05s031t01l05: Unfair Contracts Q1-8

A05s031t01l06: Broken Contracts Q1-7

A05s033t01l00: Agency

A05s033t01l01: Principal Q1-12

A05s033t01l02: Agent Q1-9

A05s033t01l03: Creating An Agency Q1-7

A05s033t01l05: Duties Of An Agent Q1-7

A05s033t01l06: Liability Of An Agent Q1-7

A05s033t01l07: Ending An Agency Q1-8

a40s104t01L00: Compliance

a40s104t01L01: An Introduction to Compliance Q1-15

a40s104t01L02: Legislation Overview - Financial Services Reform Act 2001 Q1-20

a40s104t01L03: Legislation Overview - The Corporate Law Q1-20

a40s104t01L04: Economic Reform Program Q1-20

a40s104t01L05: The Australian Stock Exchange (ASX) Q1-20

a40s104t01L06: Regulators - ASIC Q1-20

a40s104t01L07: Regulators - APRA Q1-20

a40s104t01L08: Implementing Compliance Programs AS3806 Q1-20

a40s104t01L09: Industry Codes of Practice Q1-20

a40s104t01L10: Competency Compliance: ASIC’s PS146 Q1-15

a40s104t01L11: AFS Licensing Q1-20

a40s104t01L12: Disclosure Q1-20

a40s104t01L13: Conduct Q1-20

a40s104t01L14: Dispute resolution Q1-20

a40s104t01L15: Managing Conflicts of Interest Q1-20

a40s104t01L16: Financial Requirements Q1-19

a40s104t01L17: Authorised Representatives Q1-19

a40s104t01L18: Responsible officers Q1-19

a40s104t01L19: Breach Reporting Q1-20

a40S105t01L01: What is money laundering Q1-10

a40S105t01L02: Existing Laws and the need for change Q1-10

a40S105t01L03: Introduction to the new laws Q1-10

a40S105t01L04: The effect of the new laws Q1-20

a40S105t01L05: Anti-money laundering and counter terrorism financing programs Q1-20

a40S105t01L06: Application of the new laws Q1-20

a40S105t01L07: Verification of the identity of an existing customer Q1-15

a40S105t01L08: Reporting obligations Q1-20

a40S105t01L09: Reporting obligations 2 - transactions and funds transfers Q1-20

a40S105t01L10: Reporting obligations 3 - Compliance reports Q1-15

a40S105t01L11: Electronic Funds Transfer Instructions 1 - Key Concepts Q1-30

a40S105t01L12: Electronic Funds Transfer Instructions 2 - Obligations And Exceptions Q1-30

a40S105t01L13: Record-keeping Requirements Q1-30

 

K1.6 generic knowledge about the legal environment and disclosure and compliance, the role of the representative/adviser, relevant legal principles (e.g. Corporations Act, Financial Services Reform Act (FSRA), Trade Practices Act etc.), the relationship between ethics and regulatory requirements (e.g. good faith, utmost good faith, full disclosure of remuneration/fees and any other conflicts of interest which may influence the adviser's recommendation)

A05s031t01l00: Contracts

A05s031t01l01: Contracts Q1-10

A05s031t01l02: Types Of Contracts Q1-11

A05s031t01l03: Terms Of Contracts Q1-10

A05s031t01l04: False And Misleading Information Q1-5

A05s031t01l05: Unfair Contracts Q1-8

A05s031t01l06: Broken Contracts Q1-7

A05s033t01l00: Agency

A05s033t01l01: Principal Q1-12

A05s033t01l02: Agent Q1-9

A05s033t01l03: Creating An Agency Q1-7

A05s033t01l05: Duties Of An Agent Q1-7

A05s033t01l06: Liability Of An Agent Q1-7

A05s033t01l07: Ending An Agency Q1-8

a40s104t01L12: Disclosure Q1-20

a40s104t01L13: Conduct Q1-20

a40s104t01L14: Dispute resolution Q1-20

a40s104t01L15: Managing Conflicts of Interest Q1-20

 

K1.7 knowledge of relevant industry codes of practice and conduct

a40s104t01L09: Industry Codes of Practice Q1-20

K1.8 knowledge of complaints resolution procedures (internal and external)

a40s104t01L14: Dispute resolution Q1-20

K1.9 knowledge of regulators guidelines including the requirements of ASIC policy statement 146

a40s104t01L00: Compliance

a40s104t01L01: An Introduction to Compliance Q1-15

a40s104t01L02: Legislation Overview - Financial Services Reform Act 2001 Q1-20

a40s104t01L03: Legislation Overview - The Corporate Law Q1-20

a40s104t01L04: Economic Reform Program Q1-20

a40s104t01L05: The Australian Stock Exchange (ASX) Q1-20

a40s104t01L06: Regulators - ASIC Q1-20

a40s104t01L07: Regulators - APRA Q1-20

a40s104t01L08: Implementing Compliance Programs AS3806 Q1-20

a40s104t01L09: Industry Codes of Practice Q1-20

a40s104t01L10: Competency Compliance: ASIC’s PS146 Q1-15

a40s104t01L11: AFS Licensing Q1-20

a40s104t01L12: Disclosure Q1-20

a40s104t01L13: Conduct Q1-20

a40s104t01L14: Dispute resolution Q1-20

a40s104t01L15: Managing Conflicts of Interest Q1-20

a40s104t01L16: Financial Requirements Q1-19

a40s104t01L17: Authorised Representatives Q1-19

a40s104t01L18: Responsible officers Q1-19

a40s104t01L19: Breach Reporting Q1-20

a40S105t01L01: What is money laundering Q1-10

a40S105t01L02: Existing Laws and the need for change Q1-10

a40S105t01L03: Introduction to the new laws Q1-10

a40S105t01L04: The effect of the new laws Q1-20

a40S105t01L05: Anti-money laundering and counter terrorism financing programs Q1-20

a40S105t01L06: Application of the new laws Q1-20

a40S105t01L07: Verification of the identity of an existing customer Q1-15

a40S105t01L08: Reporting obligations Q1-20

a40S105t01L09: Reporting obligations 2 - transactions and funds transfers Q1-20

a40S105t01L10: Reporting obligations 3 - Compliance reports Q1-15

a40S105t01L11: Electronic Funds Transfer Instructions 1 - Key Concepts Q1-30

a40S105t01L12: Electronic Funds Transfer Instructions 2 - Obligations And Exceptions Q1-30

a40S105t01L13: Record-keeping Requirements Q1-30

 

Specialist knowledge requirements

 

Area

Knowledge Requirement

Resources/Assessment ITems

Operation and management of Securities Markets:

market participants

A10s032t16l00: Markets And Securities Q1-15

A10s032t17l00: Buying And Selling Shares Q1-14

A20s010t04l01: Financial Institutions Q1-10

a20s010t04L02: Exchanges Q1-10

a20s010t04L03: Markets Q1-9

a20s010t04L04: Settlement And Clearing Houses Q1-11

a20s010t04L05: Electronic Systems Q1-na

a20s010t04L06: Market Makers Q1-na

A21s001t03l04: Clearing House And Open Interest Q1-10

A19s001t01l04: Options - The Players Q1-6

 

 

roles played by intermediaries

a20s010t04L07: Brokers And Intermediaries Q1-9

a20s010t04L08: Fund Managers Q1-10

A10s032t17l00: Buying And Selling Shares Q1-14

A19s001t01l04: Options - The Players Q1-6

 

Types of products:

 

range of securities

A10s032t16l00: Markets And Securities Q1-15

A15s006t02l01: Range Of Securities/Futures Products Q1-10

A18s001t01l00: Introduction To Warrants Q1-

A18s001t01l01: Types Of Warrants Q1-16

A18s001t01l02: Features Common To All Warrants Q1-13

A18s001t01l03: Benefits Common To All Warrants Q1-20

A18s001t01l04: Risks Common To Warrants Q1-9

A18s001t01l05: Some Factors Affecting The Price Of Warrants Q1-15

A18s001t01l06: Buying Warrants Q1-16

A19s001t01l01: Types Of Options Q1-10

A19s001t01l02: Writing And Taking Options Q1-11

A19s001t01l03: Margin Calls Q1-8

A19s001t01l04: Options - The Players Q1-6

A19s001t01l05: Options - The Advantages Q1-5

A19s001t01l06: Options Risks: Consequences Q1-10

A19s001t01l07: Payoff Diagrams Q1-9

A19s001t01l08: Option Risks - Volatility Q1-6

A19s001t01l09: Option Risks - Odds Q1-10

A19s001t01l10: Components Of A Contract Q1-8

A19s001t01l11: Pricing Options Q1-10

A21s001t03l01: Futures Contracts Q1-10

A21s001t03l02: Futures Exchanges Q1-10

a21s001t03L03: SFE Business Rules Q1-9

A21s001t03l04: Clearing House And Open Interest Q1-10

A21s001t03l05: Margins Q1-7

A21s001t03l06: Delivery Q1-10

A21s001t03l07: Commodities Futures Q1-6

A21s001t03l08: Stock Index Futures Q1-9

A21s001t03l09: Other Types Of Futures Q1-10

A21s001t03l10: Futures And Risk Q1-10

associated risks

A03s001t01l00: Types Of Risk

A03s001t01l01: Mismatch Risk Q1-11

A03s001t01l02: Inflation Q1-9

A03s001t01l03: Interest Rate: Reinvestment, Market Volatility Q1-14

A03s001t01l04: Market Risk Q1-10

A03s001t01l05: Market Timing Q1-10

A03s001t01l06: Lack Of Diversification Q1-10

A03s001t01l07: Currency Q1-10

A15s002t01l06: Options Q1-10

A15s002t01l07: Futures Risk Q1-10

A15s002t01l08: Margin Loans Q1-10

A18s001t01l04: Risks Common To Warrants Q1-9

A19s001t01l06: Options Risks: Consequences Q1-10

A19s001t01l08: Option Risks - Volatility Q1-6

A19s001t01l09: Option Risks - Odds Q1-10

 

investment options using securities product

A15s006t02l07: Hedging With Options Q1-10

A15s006t02l08: Hedging With Futures Q1-10

 

alternative products (e.g. derivatives) (where relevant)

A18s001t01l07: Difference Between Warrants And Options Q1-10

 

Theories of investment, portfolio management and management of investment and risk:

 

• investment concepts

 

A13s001t05l01: Rational For Portfolio Diversification Q1-10

A13s001t05l02: CAPM Model Q1-10

A13s001t05l03: Active And Passive Portfolio Management Q1-10

A13s001t05l04: Portfolio Construction Q1-10

A13s001t05l06: Problems With Performance Measurement Q1-10

A13s001t05l07: Assessing The Contribution Of Management Q1-10

A25s001t05l04: Diversification And Portfolio Risk Q1-7

a25s001t05L05: Diversification, International, Investment Types, Sectors Q1-10

A25s001t05l07: Portfolio  Valuation Q1-12

A15s006t02l01: Range Of Securities/Futures Products Q1-10

A15s006t02l03: Portfolio Risk Q1-10

A15s006t02l04: Risk Tolerance And Asset Allocation Q1-10

A15s006t02l05: Diversification And Portfolio Risk Q1-10

A15s006t02l06: Optimally Risky Portfolios Q1-10

 

investment strategies

A25s001t05l10: Hedging Q1-12

A25s001t05l11: Dollar Cost Averaging Q1-11

A25s001t05l04: Diversification And Portfolio Risk Q1-7

A13s001t05l03: Active And Passive Portfolio Management Q1-10

A15s006t02l07: Hedging With Options Q1-10

A15s006t02l08: Hedging With Futures Q1-10

A15s006t02l09: Passive Portfolio Management Q1-10

A15s006t02l10: Active Portfolio Management Q1-10

A19s031t01l01: Trading Long Calls Q1-10

A19s031t01l02: Writing Naked Calls Q1-9

A19s031t01l03: Writing Covered Calls Q1-8

A19s031t01l04: Protective Put Q1-10

A19s031t01l05: Trading Long Puts Q1-10

A19s031t01l06: Writing Puts Q1-9

A19s031t01l07: Long Straddle Q1-11

A19s031t01l08: Short Straddle Q1-7

A19s031t01l09: Long Strangle Q1-9

A19s031t01l10: Short Strangle Q1-9

A19s031t01l11: Bull Call Spread Q1-8

identification of types of risk

A13s001t05l05: Risk Adjusted Performance Measures Q1-10

A25s001t05l04: Diversification And Portfolio Risk Q1-7

A03s001t01l00: Types Of Risk

A03s001t01l01: Mismatch Risk Q1-11

A03s001t01l02: Inflation Q1-9

A03s001t01l03: Interest Rate: Reinvestment, Market Volatility Q1-14

A03s001t01l04: Market Risk Q1-10

A03s001t01l05: Market Timing Q1-10

A03s001t01l06: Lack Of Diversification Q1-10

A03s001t01l07: Currency Q1-10

A15s002t01l00: Securities Risk Q1-na

A15s002t01l01: Volatility Q1-10

a15s002t01L02: Liquidity Q1-na

A15s002t01l03: Short Selling Q1-10

A15s002t01l04: Economic Environment Q1-10

A15s002t01l05: Equities And Industry Sectors Risk Q1-11

A15s002t01l06: Options Q1-10

A15s002t01l07: Futures Risk Q1-10

A15s002t01l08: Margin Loans Q1-10

a15s002t01L09: Hedging Q1-na

A15s002t01l10: Diversification Q1-6

client risk profile

A03s001t01l01: Mismatch Risk Q1-11

 

Taxation:

awareness of taxation issues relating to securities

a15s003t01L00: Tax And Securities Q1-na

a15s003t01L01: Imputation Q1-30

a15s003t01L02: Capital Gains Tax Q1-30

a15s003t01L03: Sales Tax Q1-30

a15s003t01L04: Tax And Options Q1-30

a15s003t01L05: Stamp Duty Q1-na

a15s003t01L06: Realising Losses Q1-30

a15s003t01L07: Dividends Q1-na

a15s003t01L08: Employee Options & Share Schemes Q1-30

a15s003t01L09: Offsetting Losses Q1-30

a15s003t01L10: Capital Restructuring Q1-30

a25s002t02L01: Shares Q1-30

a25s002t02L03: Interest Bearing Securities Q1-30

a25s002t02L05: Effects Of Taxation On Financial Strategies Of Individuals And Entities Q1-30

a25s002t02L07: Superannuation Q1-na

a25s002t02L08: Fringe Benefits Q1-30

a25s002t02L09: Tax And Fixed Interest Markets Q1-30

a25s002t02L10: Tax And Managed Funds Q1-30

Legal environment - disclosure and compliance:

the role of the representative/adviser

a40s104t01L10: Competency Compliance ASIC's PS146 Q1-15

a40s104t01L11: AFS Licensing Q1-20

a40s104t01L12: Disclosure Q1-20

a40s104t01L13: Conduct Q1-20

a40s104t01L14: Dispute resolution Q1-20

a40s104t01L15: Managing Conflicts of Interest Q1-20

 

a40s104t01L17: Authorised Representatives Q1-19

A03s001t01l01: Mismatch Risk Q1-11

 

relevant legal principles (e.g. Corporations Act, ASIC Act, Privacy Amendment (Private Sector) Act)

a40s104t01L00: Compliance

a40s104t01L01: An Introduction to Compliance Q1-15

a40s104t01L02: Legislation Overview - Financial Services Reform Act 2001 Q1-20

a40s104t01L03: Legislation Overview - The Corporate Law Q1-20

a40s104t01L04: Economic Reform Program Q1-20

a40s104t01L05: The Australian Stock Exchange (ASX) Q1-20

a40s104t01L06: Regulators - ASIC Q1-20

a40s104t01L07: Regulators - APRA Q1-20

a40s104t01L08: Implementing Compliance Programs AS3806 Q1-20

 

a40s104t01L10: Competency Compliance: ASIC’s PS146 Q1-15

a40s104t01L11: AFS Licensing Q1-20

a40s104t01L12: Disclosure Q1-20

a40s104t01L13: Conduct Q1-20

 

 

a40s104t01L16: Financial Requirements Q1-19

a40s104t01L17: Authorised Representatives Q1-19

a40s104t01L18: Responsible officers Q1-19

a40s104t01L19: Breach Reporting Q1-20

A05s031t01l00: Contracts

A05s031t01l01: Contracts Q1-10

A05s031t01l02: Types Of Contracts Q1-11

A05s031t01l03: Terms Of Contracts Q1-10

A05s031t01l04: False And Misleading Information Q1-5

A05s031t01l05: Unfair Contracts Q1-8

A05s031t01l06: Broken Contracts Q1-7

A05s033t01l00: Agency

A05s033t01l01: Principal Q1-12

A05s033t01l02: Agent Q1-9

A05s033t01l03: Creating An Agency Q1-7

A05s033t01l05: Duties Of An Agent Q1-7

A05s033t01l06: Liability Of An Agent Q1-7

A05s033t01l07: Ending An Agency Q1-8

 

the relationship between ethics and regulatory requirements (e.g. good faith, utmost good faith, full disclosure of remuneration/fees and any other conflicts of interest which may influence the adviser)

a40s104t01L12: Disclosure Q1-20

a40s104t01L13: Conduct Q1-20

a40s104t01L14: Dispute resolution Q1-20

a40s104t01L15: Managing Conflicts of Interest Q1-20

a40s104t01L16: Financial Requirements Q1-19

a40s104t01L17: Authorised Representatives Q1-19

a40s104t01L18: Responsible officers Q1-19

a40s104t01L19: Breach Reporting Q1-20

 

relevant industry standards and codes of conduct

a40s104t01L09: Industry Codes of Practice Q1-20

 

regulators' guidelines including our requirements in this policy

a40s104t01L00: Compliance

a40s104t01L01: An Introduction to Compliance Q1-15

a40s104t01L02: Legislation Overview - Financial Services Reform Act 2001 Q1-20

a40s104t01L03: Legislation Overview - The Corporate Law Q1-20

a40s104t01L04: Economic Reform Program Q1-20

a40s104t01L05: The Australian Stock Exchange (ASX) Q1-20

a40s104t01L06: Regulators - ASIC Q1-20

a40s104t01L07: Regulators - APRA Q1-20

a40s104t01L08: Implementing Compliance Programs AS3806 Q1-20

a40s104t01L09: Industry Codes of Practice Q1-20

a40s104t01L10: Competency Compliance: ASIC’s PS146 Q1-15

a40s104t01L11: AFS Licensing Q1-20

a40s104t01L12: Disclosure Q1-20

a40s104t01L13: Conduct Q1-20

a40s104t01L14: Dispute resolution Q1-20

a40s104t01L15: Managing Conflicts of Interest Q1-20

a40s104t01L16: Financial Requirements Q1-19

a40s104t01L17: Authorised Representatives Q1-19

a40s104t01L18: Responsible officers Q1-19

a40s104t01L19: Breach Reporting Q1-20

 

complaints resolution procedures (external and, if relevant, internal)

A14s001t01l10: Alternative Dispute Resolution Q1-12 40s104t01L14: Dispute resolution Q1-20

 

stockbroking competency standards (where relevant)

 

 

Australian Stock Exchange (ASX) Operating Rules (where relevant)

A07s002t01l01: Market Rules 7.1 - Disclosure Q1-16

A07s002t01l02: Market Rules 7.3 Trading as Principal Q1-11

A07s002t01l03: Verification of client details Q1-13

A07s002t01l04: Client Instructions and Order Priority Q1-11

a09s030t01L01: Market Manipulation Legislation Q1-10

A09s030t01l02: Fraudulent Manipulation Q1-10

a09s030t01L03: Law regarding market manipulation Q1-10

a09s030t01L04: Short Selling Q1-10

 

 

RANGE STATEMENT

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

Term

May Include
  • any representative of a licensee
  • employee or owner
  • all natural persons who provide financial product advice to retail clients
  • risk factors and return expectations
  • volatility of income and capital
  • market and sector risks (economic cycle, fixed interest, property, stock market)
  • access restrictions on product
  • economic
  • specific product risk
  • borrowing risk/gearing
  • beliefs about performance
  • security
  • conservative
  • risk
  • fluctuations in income and/or capital
  • moderate
  • speculator
  • passive
  • active
  • long term or short term investor
  • debt position
  • security
  • expectations of income from this product
  • family income
  • business needs
  • expectations of access to product
  • expectations of lifecycle and length of product
  • computer and manual applications
  • written advice
  • disclaimers
  • disclosures
  • product application forms
  • detail of the customer's needs and objectives for income,
  • security,liquidity, and the time period the customer is planning for
  • details of liabilities and potential liabilities of the customer
  • individual investment preferences and aversion or tolerance to risk
  • other customer details such as employment security, likely events and their impact on the customer, age and other products they have

EVIDENCE GUIDE

The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.

Area

Training Package Specification

Gryphon Learning Implementation

To achieve competency in this unit, a person must be able to demonstrate:

  • knowledge of industry regulations and codes of practice, financial products and services, financial markets and characteristics, roles of other specialist providers and licensees, as well as the impacts of taxation on the clients financial requirements for the specific products offered
  • for insurance products, competence in this unit is subject to the staff members' approval/authority to accept the transfer of risk

 

As students use Gryphon Learning's courseware to study, they are presented with approximately 1,800 interactive questions allowing them to self-assess their knowledge and skills in this area. The results of these assessments are stored in Gryphon Learning's database, providing evidence of towards the required competencies and knowledge.

To validate this evidence, students are required to sit three supervised assessments involving assessment items drawn from those listed above. Students who have "cheated" by allowing others to study using their login would be most unlikely to satisfactorily complete the supervised tests.

 
  • Competency is demonstrated by performance of all stated criteria, including the Range Statement applicable to the workplace environment.
  • Assessment should cover a representative range of clients (risk profile and needs) and products.

Under ASIC's Licensing rules, students who have not already demonstrated competency in this unit are not permitted to advise clients. Therefore, the assessment must involve a simulated environment.

Students are required to study the Topic a00s102t09 Managed Investment Clients. This involves interaction with 10 simulated clients in a simulated work environment, and over 100 interactive assessment items.

Students are also required to submit 3 emails describing the interpersonal skills appropriate for interacting with the clients.

 

Prerequisites for this unit have been obtained from standards within the securities industry sector, with generic advice provisions. Customisation of these units should reflect managed investments products. Industry requirements to satisfy Tier 1 requirements are as follows:

  • FNSICCUS506B Determine client requirements and expectations
  • FNSICCUS507B Record and implement client instructions
  • NSFMKT502B Analyse financial market products for client
  • FNSFMKT503B Advise clients on financial risks

 

The assessments for this unit also allow students to demonstrate the competencies, skills and knowledge requirements for the Co-requisite and prerequisite units.

For valid and reliable assessment of this unit, evidence should be gathered through a range of methods to indicate consistent performance.

Assessment of this unit of competence will usually include observation of processes and procedures, oral and/or written questioning on underpinning knowledge and skills and other methods as required.

Assessment involves emailed essays, a range of interactive assessment items comprising both formative and summative assessment. Some of these summative assessments are supervised.

As part of the assessment, information is provided using Audio, Video, text and graphics. Student responses can involve

  • Completion of simulated workplace documentation
  • Completion of simulated processes
  • Responses to multiple choice questions (e.g. clicking on documents to be given to clients)
  • Manipulating and organising items on screen
  • Responses to True/False questions
  • Pointing to significant areas on charts or graphs
  • Assessment of performance requirements in this unit should be undertaken within the financial services industry context and should cover aspects of personal/financial responsibility and accountability.
  • Aspects of competency, including the attainment of relevant knowledge and skills, may be assessed in a relevant workplace, a closely simulated work environment, or other appropriate means that clearly meet industry competency requirements.
  • Registered Training Organisations (RTOs) need to be mindful of the legislative obligations of licensees, where ASIC have prescribed the opportunities where recognition of current competence can be undertaken for these units.

See assessment items and courseware listed above.

Under ASIC's Licensing rules, students who have not already demonstrated competency in this unit are not permitted to advise clients. Therefore, the assessment must involve a simulated environment.

This unit of Competency is offered as part of a course which is listed on the ASIC Training Register as Meeting the educational requirements for the minimum requirements for Advising on Managed investments.

To obtain a certificate stating students have met ASIC's requirements, students must demonstrate that they currently have these competencies. This complicates RPL. See the discussion of RPL in the Gryphon Learning Training Strategies Manual.

 

Unless otherwise specified, there are no significant resource implications for assessment of this unit, apart from access to a relevant workplace or closely simulated office environment and the use of a range of office equipment, technology and consumables. These may include standard commercial computer hardware, software, telephones, facsimiles, and other relevant office equipment.

To complete this unit, students need a computer with adequate internet access. For minimum specifications see the Gryphon Learning Training Strategies Manual.

Most students are currently working in the finance industry (including those employed by Gryphon Learning), and therefore have access to a range of relevant resources (including product documentation.)

Others have accessed such resources from a range of sources, including their financial advisors, by subscription, using the internet and, (under some circumstances, from Gryphon Learning.)

Related Policies/Procedures

  • Code of Practice
  • Recognition of Prior Learning
  • Continuous improvement
  • Recognition of Prior Learning
  • Equity and access
  • Learning and assessment policy &procedure
  • Resources

 

Topic

Lesson

A03s001t01Types of risk

A03s001t01l00: Types Of Risk

A03s001t01l01: Mismatch Risk Q1-11

A03s001t01l02: Inflation Q1-9

A03s001t01l03: Interest Rate: Reinvestment, Market Volatility Q1-14

A03s001t01l04: Market Risk Q1-10

A03s001t01l05: Market Timing Q1-10

A03s001t01l06: Lack Of Diversification Q1-10

A03s001t01l07: Currency Q1-10

A05s031t01Contracts

A05s031t01l00: Contracts

A05s031t01l01: Contracts Q1-10

A05s031t01l02: Types Of Contracts Q1-11

A05s031t01l03: Terms Of Contracts Q1-10

A05s031t01l04: False And Misleading Information Q1-5

A05s031t01l05: Unfair Contracts Q1-8

A05s031t01l06: Broken Contracts Q1-7

A05s033t01Agency

A05s033t01l00: Agency

A05s033t01l01: Principal Q1-12

A05s033t01l02: Agent Q1-9

A05s033t01l03: Creating An Agency Q1-7

A05s033t01l05: Duties Of An Agent Q1-7

A05s033t01l06: Liability Of An Agent Q1-7

A05s033t01l07: Ending An Agency Q1-8

A10s032t16

Markets and securities

A10s032t16l00: Markets And Securities Q1-15

A13s001t01

Managed Funds

A13s001t01l00: Managed Funds

A13s001t01l01: What Is A Managed Investment Q1-10

A13s001t01l02: Advantages And Disadvantages Of Managed Investments Q1-10

A13s001t01l03: Regulatory Environment Q1-10

A13s001t01l04: Types Of Managed Investments Q1-10

A13s001t01l05: Fee Structures Q1-10

A13s001t01l06: Tax And Social Security Implications of managed funds Q1-10

A13s001t01l07: Risk And Return Characteristics Of Underlying Investments Q1-10

A13s001t01l08: Risk And Return Characteristics Of Different Types Of Managed Funds Q1-7

A13s001t02

Unit Trusts

A13s001t02l00: Unit Trusts

A13s001t02l01: Equity Trusts Q1-13

A13s001t02l02: Cash Management Trusts Q1-13

A13s001t02l03: Property Trusts Q1-9

A13s001t02l04: Mortgage Trusts Q1-10

A13s001t02l05: Public Securities (Fixed Interest Trusts) Q1-9

A13s001t03

property trusts;

A13s001t03l00: Property Trusts;

A13s001t03l01: Concepts Of Collective Rights Q1-10

A13s001t03l02: Real Estate Investment Strategies; Q1-10

A13s001t03l03: Valuation Techniques; Q1-10

A13s001t03l04: Property Management Q1-10

A13s001t03l05: Regulatory And Legal Obligations Q1-10

A13s001t03l06: Taxation Implications Q1-10

a13s001t04

Other managed funds

a13s001t04L00: Other Managed Funds

a13s001t04L01: Equity Trusts, Q1-10

a13s001t04L02: Fixed Interest Trusts Q1-10

a13s001t04L03: Serviced Strata Schemes Q1-10

a13s001t04L04: Primary Production Schemes Q1-10

a13s001t04L05: Film Schemes Q1-10

a13s001t04L06: Time-sharing Schemes Q1-10

a15s003t01

Tax and securities

a15s003t01L01: Imputation Q1-30

a15s003t01L02: Capital Gains Tax Q1-30

a15s003t01L04: Tax And Options Q1-30

a15s003t01L06: Realising Losses Q1-30

a15s003t01L08: Employee Options & Share Schemes Q1-30

a15s003t01L09: Offsetting Losses Q1-30

a15s003t01L10: Capital Restructuring Q1-30

a15s005t01

Securities, derivatives and futures markets

a15s005t01L00: Securities, Derivatives And Futures Markets Q1-

a15s005t01L01: Equities Q1-

a15s005t01L03: Futures Q1-

a15s005t01L04: Options On Futures Q1-

a15s005t01L05: Warrants And Other Derivatives Q1-

a15s005t01L06: Equities Markets Q1-

a15s005t01L07: Options And Derivatives Markets Q1-

a15s005t01L08: Futures Markets Q1-

a15s005t01L09: Relationships Between Markets Q1-

a15s005t01L10: Comparing Risks Q1-

A20s000t01

Economics introduction: Topic overview

A20s000t01l01: Economics Intro Q1-14

A20s000t01l02: Domestic Economy Q1-28

A20s000t01l03: The World Economy Q1-12

A20s000t01l04: Economics At The Industry Level Q1-11

a25s001t01

Taxation

a25s001t01L01: The Australian Taxation Systems Q1-15

a25s001t01L02: Income Tax Q1-15

a25s001t01L03: Deductions Q1-14

a25s001t01L04: Rebates Q1-15

a25s001t01L05: Goods And Services Tax Q1-30

a25s001t01L06: Fringe Benefits Tax Q1-28

a25s001t01L07: Capital Gains Tax Q1-10

a25s001t01L08: Who Pays Income Tax Q1-27

a25s001t01L09: Tax And Superannuation Contributions Q1-28

a25s001t01L10: Tax And Superannuation Benefits

a25s002t02

effects of taxation on particular financial products

a25s002t02L01: Shares Q1-30

a25s002t02L02: Real Estate Q1-30

a25s002t02L03: Interest Bearing Securities Q1-30

a25s002t02L04: Managed Investments Q1-30

a25s002t02L05: Effects Of Taxation On Financial Strategies Of Individuals And Entities Q1-30

a25s002t02L06: Salary Packaging Q1-30

a25s002t02L07: Superannuation Q1-30

a25s002t02L08: Fringe Benefits Q1-30

a25s002t02L09: Tax And Fixed Interest Markets Q1-30

a25s002t02L10: Tax And Managed Funds Q1-30

a40s104t01

Compliance

a40s104t01L00: Compliance

a40s104t01L01: An Introduction to Compliance Q1-15

a40s104t01L02: Legislation Overview - Financial Services Reform Act 2001 Q1-20

a40s104t01L03: Legislation Overview - The Corporate Law Q1-20

a40s104t01L04: Economic Reform Program Q1-20

a40s104t01L05: The Australian Stock Exchange (ASX) Q1-20

a40s104t01L06: Regulators - ASIC Q1-20

a40s104t01L07: Regulators - APRA Q1-20

a40s104t01L08: Implementing Compliance Programs AS3806 Q1-20

a40s104t01L09: Industry Codes of Practice Q1-20

a40s104t01L10: Competency Compliance: ASICs PS146 Q1-15

a40s104t01L11: AFS Licensing Q1-20

a40s104t01L12: Disclosure Q1-20

a40s104t01L13: Conduct Q1-20

a40s104t01L14: Dispute resolution Q1-20

a40s104t01L15: Managing Conflicts of Interest Q1-20

a40s104t01L16: Financial Requirements Q1-19

a40s104t01L17: Authorised Representatives Q1-19

a40s104t01L18: Responsible officers Q1-19

a40s104t01L19: Breach Reporting Q1-20

a40S105t01

Anti Money Laundering

a40S105t01L01: What is money laundering Q1-10

a40S105t01L02: Existing Laws and the need for change Q1-10

a40S105t01L03: Introduction to the new laws Q1-10

a40S105t01L04: The effect of the new laws Q1-20

a40S105t01L05: Anti-money laundering and counter terrorism financing programs Q1-20

a40S105t01L06: Application of the new laws Q1-20

a40S105t01L07: Verification of the identity of an existing customer Q1-15

a40S105t01L08: Reporting obligations Q1-20

a40S105t01L09: Reporting obligations 2 - transactions and funds transfers Q1-20

a40S105t01L10: Reporting obligations 3 - Compliance reports Q1-15

a40S105t01L11: Electronic Funds Transfer Instructions 1 - Key Concepts Q1-30

a40S105t01L12: Electronic Funds Transfer Instructions 2 - Obligations And Exceptions Q1-30

a40S105t01L13: Record-keeping Requirements Q1-30