Course Title: Comply with financial services legislation, industry and professional codes of practice

Part A: Course Overview

Program: C5205

Course Title: Comply with financial services legislation, industry and professional codes of practice

Portfolio: BUS

Nominal Hours: 80.0

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
LAW5149C	Singapore Inst of Management	TAFE	650T TAFE Business	Face-to-Face	Offsh3 12

Course Contact: Michael Elliot

Course Contact Phone: +61 3 9925 5519

Course Contact Email: michael.elliot@rmit.edu.au

Course Description

This unit describes the functions involved with ensuring compliance with financial laws, regulations, ethics and industry codes of practice on an organisational level.

Pre-requisite Courses and Assumed Knowledge and Capabilities

None

National Competency Codes and Titles

National Element Code & Title:	FNSCOMP501B Comply with financial services legislation, industry and professional codes of practice
Elements:	FNSCOMP501B/01 Identify and apply organisational requirements of legal principles and regulatory obligations
	FNSCOMP501B/02 Identify changes and implications of laws, regulations, rules and circulars
	FNSCOMP501B/03 Comply with any relevant industry or professional codes
	FNSCOMP501B/04 Maintain statutory records

Learning Outcomes

Refer to the performance elements above and performance criteria of the unit listed in the Part B Course Guide. 

Overview of Assessment

Assessment will incorporate a variety of methods including tests, a group assignment and exam.
Tests comprise multiple choice and short answer questions will assess performance element one relating to the regulatory compliance requirements.
The assignment may consist of an investigation and report on the impact of legislation on the conduct of financial advisers.
Exam will be closed book test consisting of multiple-choice questions, a case study and some short answer questions.

You will receive ongoing feedback on your progress in the course. Feedback on assessment will be given in a timely manner. You will be informed about how to improve your performance in the competency/course and what you need to do to be deemed competent or to gain a pass in the assessment.