HYBRID WORKSHOP: AFSL and ACL Compliance Workshop | Driving success into 2023

Full day excl. GST: $ 1500

Event Location: piper alderman

Event date: 27 July 2023

Time: 10:00 am - 5:30 pm

Timezone: UTC +11 AEDT

CPD points: 7 or 9 points


Andrea Beatty, Partner in Piper Alderman’s financial services regulatory team offers a workshop for the financial services industry on:

  • achieving compliance with ACL and AFSL obligations;
  • revitalised and refreshed financial executives safety skills;
  • regulatory tips for a post-COVID world; and
  • the things Responsible Managers and Representatives and those responsible for their Representatives need to know.

This training workshop is a practical guide to ACL and AFSL licensing obligations, with current case studies to keep your business informed and up to date on changes in the industry.

This session is suitable for:

  • Financial industry firms
  • ACL and AFSL responsible managers – mandatory CPD
  • ACL credit representatives and AFSL authorised representatives
  • Legal and compliance personnel
  • Operations and marketing personnel
  • Mortgage and finance brokers
  • Financial planners and advisers
  • Credit providers
  • FinTech and regtech developers / promoters
Programme Outline
10:00 – 10:10 am Introduction and welcome
Session 1 – AFSL & ACL key obligations
  • Your licence conditions
  • Responsible Managers – role, liabilities and protections
  • Conflicts of interest
  • Financial advice
  • Civil Penalty Provisions
  • Enforceable Paragraphs in ASIC Regulatory Guide
  • Quick tips for AFSL & ACL Responsible Managers
Session 2 – Successfully leaping 2023 traps
  • Breach reporting updated and scaled up – strict obligations increased penalties and remediation
  • ASIC enforcement activities
  • ASIC’s product intervention powers
  • Design and Distribution Obligations and Target Market Determinations
  • Unfair Contract Terms (UCT) Regime – penalties!
  • UCT review checklist project
1:00 – 1:30 pm Lunch
Session 3 – Financial Services spotlight
  • Responsible lending
  • Mortgage broker best interests duty and conflicted remuneration
  • Buy-now-pay-later vs Credit
  • Cryptocurrency and Blockchain update
  • Review of the Australian Payments System
Session 4 – AFSL and ACL industry updates
  • Cybersecurity and data breach reporting
  • AML / CTF
  • AUSTRAC enforcement activities
  • Advertising and marketing
  • AFCA and IDR update
  • AFCA issues – AFCA’s review and recent cases
  • Consumer Data Right and Open Banking
  • Greenwashing
4:45 – 5:15 pm Conclusion and questions

Responsible Managers can claim 7 CPD units and 9 CPD units if they complete an optional take-home multiple choice open book quiz.

Certificates of attendance will be given to all participants.

This session is available in-person and online

We also offer training at client premises for a fixed fee for unlimited attendees.

Registration fee includes: Materials, lunch, light refreshments, tea & coffee, and networking drinks and canapes.
Piper Alderman will provide a full refund of the session cost when 72 hours or more notice of your cancellation is provided in writing. The surcharge incurred to process payments is non refundable.
Cancellations within 72 hours of the training session will not be refunded. Replacements to transfer the registration to a colleague or a future session are welcome.

About Presenter

Andrea Beatty



Piper Alderman

+61 2 9253 3818

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