Elements and Performance Criteria
- Identify compliance requirements
- Assist in compliance audits as required
- Information for annual review and compliance reports is provided in a timely manner
- External auditors are provided with required information
- Collation of information is provided to enable statutory returns to be prepared for submission to APRA, ASIC and the ATO as required
- Documents and records are stored according to regulatory requirements
- Provide support to assist in ensuring compliance requirements are met
- Documentation is reviewed to ensure that compliance requirements are met
- Member communications are reviewed to ensure that compliance requirements are met
- Organisation procedures and guidelines are reviewed ensuring compliance requirements are followed
- Irregularities are reported promptly to appropriate personnel
- Work is conducted in accordance with legislative requirements
- New compliance requirements are integrated into work practices as required
- Prepare information for statutory reports
- Organisation guidelines for preparing information for statutory reports are identified
- Requirements for taxation returns and statutory reports are identified
- Compliance requirements for ATO, APRA and ASIC are identified
- Information is prepared in accordance with regulatory and organisation guidelines
- Information is forwarded to relevant internal and/or external parties
- Implement quality assurance practices
- Organisation quality assurance practices are identified and recommendations for improvement are made
- Member documentation is maintained in accordance with organisation requirements
- System and process checks are implemented and any irregularities identified
- Work is conducted in accordance with relevant legislation and regulations
- Best practice standards are identified and incorporated into work practice
- Training and professional development are undertaken to maintain currency and develop skills