This course will provide an overview of the obligations required of Responsible Managers (formerly Responsible Officers) and refresh some of the fundamental features of the financial services reform regime.
Learning Outcomes
As a result of this course, participants will be able to:
- meet “ongoing training” requirements as set out in ASIC RG 105;
- explain their obligations as Responsible Managers (formerly Responsible Officers);
- explain key regulatory obligations in relation to the provision of financial services;
- explain the business’ authorisations under its AFS Licence;
- consider and explain potential personal liability arising from acting as a nominated Responsible Manager (formerly Responsible Officers); and
- identify and explain developments and trends that have, and are, taking place in the financial services industry which might impact on Responsible Managers (formerly Responsible Officers).
What have people said about our RO / RM training courses?
- "Use of real life examples. Fast paced. Use of two presenters much better than one. Good interplay." Alex Reid (ANZ)
- "[A] great overview of the basic obligations and issues for Responsible Managers to keep in the front of their mind." Jason Holandsjo (Australian Unity Financial Planning, Head of Legal and Compliance)
- "I liked the inclusion of all participants, diversity of participants, breadth of topics covered." Jillian Haggerty (Challenger Financial Services Group)
- Broad coverage of issues and responsibilities. The presentation and context of topic is excellent, especially in addressing risk and compliance areas." Joanna Fisher (DaVinci Advisors Australia)
- "The program, presentation and topic content was excellent. I particular liked how the program linked the law and regulations to new day-to-day implications." Chris Dardaneliotis (IUS Placements Australia)
- "The program was very practical and hands-on." Mattew Farrell (Five Pillars Financial Planning)
- "It was a good, interactive session." Dustine Pang (Aims Financial Group)
- "Good update and overview of RO and Director obligations." Anonymous