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AFSL & ACL Compliance Training
Andrea Beatty conducts CPD workshops to update Australian Credit Licence (ACL) and Australian Financial Service Licence (AFSL) participants on:
- what they need to know to have trouble-free compliance with their ACL and AFSL obligations
- the current regulatory issues and traps, and how to avoid them
- the things Responsible Managers and Representatives and those responsible for their Representatives need to know.
An optional take-home multiple-choice open book exam can be taken following the workshop.
The Program
Session 1 – AFSL & ACL key obligations
- Your rights, responsibilities and obligations as a licensee
- Responsible Managers – your role, potential liabilities and protections
- Conflicts of interest
- Breach reporting
- Quick tips for AFSL & ACL Responsible Managers
Session 2 – Financial Services focus areas
- Financial advice
- Blockchain and FinTech
- Banking Royal Commission updates
- ASIC enforcement activities
- BEAR and FAR regime
Session 3 – ACL focus areas
- Responsible lending
- Hardship
- Unfair contract terms
- Comprehensive credit reporting
- Buy-now-pay-later
- ASIC enforcement activities
- Case studies
Session 4 – AFSL and ACL industry updates
- Privacy
- Mandatory data breach reporting
- AML / CTF
- AUSTRAC enforcement activities
- Advertising and marketing
- AFCA and ASIC’s new IDR guidance
- Whistleblowing laws
- ASIC’s product intervention powers
- Design and distribution obligations
Who should attend this session?
- 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
Details and expressions of interest
- Full day: $1,500 inc GST per person
- Half day: $1,050 inc GST per person
Refreshments and lunch will be provided.
If you are interested in attending a training session, please register your interest using the registration link below.
We also conduct bespoke financial services and responsible manager training at client premises for a fixed fee for unlimited attendees. For further information, contact [email protected].