Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSFMK505A Mapping and Delivery Guide
Comply with financial services legislation and industry codes of practice
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSFMK505A - Comply with financial services legislation and industry codes of practice |
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Description | This unit describes the performance outcomes, skills and knowledge required to ensure compliance with financial laws, regulations, and industry codes of practice on an organisational level.This unit is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements including legislation administered by the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA). | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit has application to the financial markets and other financial services sectors and is applicable to job roles specifically dealing with compliance functions such as compliance officers and managers. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Identify and apply organisational requirements of legal principles and regulatory obligations |
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Element: Identify changes and implications of laws, regulations, rules and circulars |
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Element: Comply with any relevant industry or professional codes |
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Element: Maintain statutory records |
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