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


Event date: 17 November 2022

Time: 10:00 am - 5:00 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
Session 1 – AFSL & ACL key obligations
  • Regulatory roadmap post Banking Royal Commission – licensees’ duties
  • Responsible Managers –role, liabilities and protections
  • Conflicts of interest
  • Financial advice
  • Quick tips for AFSL & ACL Responsible Managers
Session 2 – Successfully leaping 2022 traps
  • Review of the Australian Payments System
  • AFCA issues – AFCA’s review and recent cases
  • Breach reporting scaled up – strict obligations and $$$ penalties
  • Design and Distribution obligations and target market determinations
  • ASIC’s product intervention powers
Session 3 – Financial Services spotlight
  • Responsible lending
  • Mortgage broker best interests duty and conflicted remuneration
  • Buy-now-pay-later vs credit
  • BEAR and FAR regime
  • Bitcoin, blockchain and bits of blocks – CASSPrs
  • Reforms on the horizon
Session 4 – AFSL and ACL industry updates
  • Cyber Security, ASIC and data breach reporting
  • AML / CTF updates
  • Advertising, marketing and anti-hawking
  • AFCA and IDR update
  • Consumer Data Right and Open Banking
  • ASIC enforcement

Register now:

Register To Attend In Person or Register To Attend Virtually

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.