Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSINC801 Mapping and Delivery Guide
Lead compliance with financial services legislation and industry codes of practice
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSINC801 - Lead compliance with financial services legislation and industry codes of practice |
---|---|---|---|
Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to manage organisational processes and compliance with finance industry regulations and industry codes of practice at an organisational level.It applies to individuals who use specialised knowledge and skills to evaluate complex information and compliance requirements and apply to relevant tasks. Individuals typically lead and review organisation wide activities, exercise significant autonomy, responsibility and accountability and contribute to the strategic goals and operations of the organisation. They review, critically analyse, consolidate and synthesise knowledge to generate ideas and provide solutions to complex problems. No licensing, legislative or certification requirements apply to this unit at the time of publication. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the anti-money laundering and counter terrorism financing field and include access to: relevant legislation, regulations, standards and codes of practice relevant organisational policies and procedures. Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards. |
||
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 | |
---|---|---|---|---|---|---|---|---|
Elements of Competency | Performance Criteria | |||||||
Element: Evaluate organisational requirements of regulatory obligations |
| |||||||
Element: Analyse changes to regulations and procedural implications |
| |||||||
Element: Manage compliance with relevant industry or professional codes |
| |||||||
Element: Review processes for maintaining statutory records |
|