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Area
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Training
Package Specification
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Gryphon
Learning Implementation
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Competence in
this unit must be assessed over a period of time in order to ensure
consistency of performance over the Range Statement and contexts applicable
to the work environment.
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See assessment items
and courseware listed above
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This unit may
be assessed on its own or it may be assessed with other units that cover
related skills and knowledge.
Evidence
is most relevant when provided through an integrated activity, which combines
the elements of competency for the unit, or a cluster of units of competency.
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This unit will
always be assessed with FNSFMKT503B Advise Clients on financial risks and
with either FNSASIC503VB Provide Advice in Derivatives or FNSASIC503WB
Provide Advice in Derivatives in the
context of providing financial advice to clients
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Competence in
this unit must be assessed over a period
of time in
order to ensure consistency of performance
over the Range
Statement and contexts applicable to the work environment.
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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
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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 skills, may be assessed in a relevant workplace, a
closely simulated work environment, or other appropriate means that clearly
meet industry competency requirements.
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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
Derivatives.
To obtain a
certificate stating students have met ASIC's requirements, students must
demonstrate that they currently have these comptencies. This complicates RPL. See the discussion of RPL in the Gryphon
Learning Training Strategies Manual.
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Assessment
of this unit of competence requires access to
suitable
opportunities (simulated or real) and resources to demonstrate competence.
Assessment
instruments, including personal planner and assessment record book.
Access to a
registered provider of assessment services.
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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.)
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Topics
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Lessons
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A15s002t01: Securities risk
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A15s002t01l00:
Securities Risk Q1-na
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A15s002t01l01: Volatility Q1-10
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a15s002t01L02:
Liquidity Q1-na
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A15s002t01l03: Short Selling Q1-10
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A15s002t01l04:
Economic Environment Q1-10
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A15s002t01l05: Equities And Industry
Sectors Risk Q1-11
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A15s002t01l06:
Options Q1-10
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A15s002t01l07: Futures Risk Q1-10
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A15s002t01l08:
Margin Loans Q1-10
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a15s002t01L09: Hedging Q1-na
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A15s002t01l10:
Diversification Q1-6
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a15s003t01: Tax and securities
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a15s003t01L00: Tax And Securities Q1-na
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a15s003t01L01:
Imputation Q1-30
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a15s003t01L02: Capital Gains Tax Q1-30
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a15s003t01L03:
Sales Tax Q1-30
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a15s003t01L04: Tax And Options Q1-30
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a15s003t01L05:
Stamp Duty Q1-na
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a15s003t01L06: Realising Losses Q1-30
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a15s003t01L07:
Dividends Q1-na
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a15s003t01L08: Employee Options &
Share Schemes Q1-30
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a15s003t01L09:
Offsetting Losses Q1-30
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a15s003t01L10: Capital Restructuring
Q1-30
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A18s001t01: Introduction to Warrants
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A18s001t01l00:
Introduction To Warrants Q1-
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A18s001t01l01: Types Of Warrants Q1-16
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A18s001t01l02:
Features Common To All Warrants Q1-13
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A18s001t01l03: Benefits Common To All
Warrants Q1-20
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A18s001t01l04:
Risks Common To Warrants Q1-9
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A18s001t01l05: Some Factors Affecting
The Price Of Warrants Q1-15
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A18s001t01l06:
Buying Warrants Q1-16
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A18s001t01l07: Difference Between
Warrants And Options Q1-10
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A19s001t01: Options
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A19s001t01l00:
Options Q1-na
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A19s001t01l01: Types Of Options Q1-10
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A19s001t01l02:
Writing And Taking Options Q1-11
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A19s001t01l03: Margin Calls Q1-8
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A19s001t01l04:
Options - The Players Q1-6
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A19s001t01l05: Options - The Advantages
Q1-5
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A19s001t01l06:
Options Risks: Consequences Q1-10
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A19s001t01l07: Payoff Diagrams Q1-9
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A19s001t01l08:
Option Risks - Volatility Q1-6
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A19s001t01l09: Option Risks - Odds
Q1-10
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A19s001t01l10:
Components Of A Contract Q1-8
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A19s001t01l11: Pricing Options Q1-10
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A19s031t01: Options Strategies
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A19s031t01l00:
Options Strategies Q1-na
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A19s031t01l01: Trading Long Calls Q1-10
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A19s031t01l02:
Writing Naked Calls Q1-9
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A19s031t01l03: Writing Covered Calls
Q1-8
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A19s031t01l04:
Protective Put Q1-10
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A19s031t01l05: Trading Long Puts Q1-10
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A19s031t01l06:
Writing Puts Q1-9
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A19s031t01l07: Long Straddle Q1-11
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A19s031t01l08:
Short Straddle Q1-7
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A19s031t01l09: Long Strangle Q1-9
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A19s031t01l10:
Short Strangle Q1-9
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A19s031t01l11: Bull Call Spread Q1-8
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a25s002t02: effects of taxation on
particular financial products
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a25s002t02L00:
Effects Of Taxation On Particular Financial Products Q1-
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a25s002t02L01: Shares Q1-30
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a25s002t02L02:
Real Estate Q1-30
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a25s002t02L03: Interest Bearing
Securities Q1-30
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a25s002t02L04:
Managed Investments Q1-30
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a25s002t02L05: Effects Of Taxation On
Financial Strategies Of Individuals And Entities Q1-30
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a25s002t02L06:
Salary Packaging Q1-30
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a25s002t02L07: Superannuation Q1-30
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a25s002t02L07:
Superannuation Q1-na
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a25s002t02L08: Fringe Benefits Q1-30
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a25s002t02L09:
Tax And Fixed Interest Markets Q1-30
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a25s002t02L10: Tax And Managed Funds
Q1-30
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a40s104t01: Compliance
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a40s104t01L00:
Compliance Q1-na
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a40s104t01L01: An Introduction to
Compliance Q1-15
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a40s104t01L02:
Legislation Overview - Financial Services Reform Act 2001 Q1-20
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a40s104t01L03: Legislation Overview -
The Corporate Law Q1-20
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a40s104t01L04:
Economic Reform Program Q1-20
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a40s104t01L05: The Australian Stock
Exchange (ASX) Q1-20
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a40s104t01L06:
Regulators - ASIC Q1-20
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a40s104t01L07: Regulators - APRA Q1-20
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a40s104t01L08:
Implementing Compliance Programs AS3806 Q1-20
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a40s104t01L09: Industry Codes of
Practice Q1-20
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a40s104t01L10:
Competency Compliance: ASICs PS146 Q1-15
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a40s104t01L11: AFS Licensing Q1-20
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a40s104t01L12:
Disclosure Q1-20
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a40s104t01L13: Conduct Q1-20
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a40s104t01L14:
Dispute resolution Q1-20
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a40s104t01L15: Manging Conflicts of
Interest Q1-20
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a40s104t01L16:
Financial Requirements Q1-19
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a40s104t01L17: Authorised
Representatives Q1-19
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a40s104t01L18:
Responsible officers Q1-19
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a40s104t01L19: Breach Reporting Q1-20
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a40S105t01: Anti Money Laundering
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a40S105t01L01:
What is money laundering Q1-10
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a40S105t01L02: Existing Laws and the
need for change Q1-10
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a40S105t01L03:
Introduction to the new laws Q1-10
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a40S105t01L04: The effect of the new
laws Q1-20
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a40S105t01L05:
Antimoney laundering and counter terrorism financing programs Q1-20
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a40S105t01L06: Application of the new
laws Q1-20
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a40S105t01L07:
Verification of the identity of an existing customer Q1-15
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a40S105t01L08: Reporting obligations
Q1-20
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a40S105t01L09:
Reporting obligations 2 - transactions and funds transfers Q1-20
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a40S105t01L10: Reporting obligations 3
- Compliance reports Q1-15
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a40S105t01L11:
Electronic Funds Transfer Instructions 1 - Key Concepts Q1-30
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a40S105t01L12: Electronic Funds
Transfer Instructions 2 - Obligations And Exceptions Q1-30
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a40S105t01L13:
Record-keeping Requirements Q1-30
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