List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:

identify and escalate possible breaches of regulatory requirements or organisational policies in accordance with organisational procedures on at least three separate occasions.

The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:

organisational, legislative and regulatory requirements relevant to own job role

industry codes of practice relevant to own job role

organisational policies and procedures relevant to workplace

key elements of the regulatory framework for financial markets including:

laws and regulations

industry standards, conventions and guidance documents

ethics

organisational policies and procedures

primary market regulators in Australia and overseas, including:

Australian Securities and Investments Commission (ASIC)

Australian Prudential Regulation Authority (APRA)

Australian Transaction Reports and Analysis Centre (AUSTRAC)

Australian Competition and Consumer Commission (ACCC)

regulatory and reporting obligations and processes relating to:

trade reporting

privacy

money laundering

overseas registration requirements for swaps dealers/substituted compliance

client disclosures

market misconduct

individual work requirements and practices as contained in position description and occupational standards.

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice	Yes	No	Comments/feedback
Identify global regulatory frameworks and regulators for financial markets
Assess commonalities and key differences in legal requirements for buy-side and sell-side organisations
Identify regulatory requirements relevant to own job role
Identify industry standards, conventions, organisational requirements and whistleblowing policies and procedures relevant to own job role
Identify obligations under the organisation’s code of conduct for own job role
Map compliance requirements against individual position description and work practices
Identify critical steps for escalating regulatory and ethical concerns
Consult with appropriate persons when there is a potential breach of regulatory requirements or a breach of organisational policies or values
Escalate issues where there may be a breach of regulatory requirements or organisational policies, in accordance with organisational policies and procedures
Analyse and reflect on personal efficacy in identifying and actioning compliance issues
Monitor changes in regulatory environment that may affect the requirements or responsibilities of own job role
Access and analyse documentation relating to changes in compliance issues
Undertake organisational training addressing changes in compliance requirements

Assessment Cover Sheet

FNSFMK416 - Conduct work within financial markets compliance framework

Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

FNSFMK416 - Conduct work within financial markets compliance framework

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: