AFS Licensing & FSR

AFS Licensing & FSR

Authorised Representative Training

This course outlines the essentials of Authorised Representatives of Australian Financial Services licensees.
Currently, this course is not a public seminar course.  Rather, it aims to provide staff of an organisation with a relevant and practical course tailored to the organisation's specific circumstances.

Benefits of the course

  • Training conducted by legal practitioners who provide legal and compliance services to a wide range of AFS licence holders and who are also experienced trainers;
  • Participants will receive a detailed manual with specially designed diagrams and activities to illustrate concepts and issues;
  • Consideration of the impact of FOFA on advisory businesses;
  • Share your experiences and challenges with other industry participants;
  • Suggested CPD allocation – 3.5 points; and
  • Better advice to clients, compliant licensees and advisers, reduce the risk of complaints or regulatory action.


Learning outcomes

  • Explain your role as an Authorised Representative;
  • Explain your key general financial product advice obligations in relation to promoting financial products (e.g. interests in a managed investment scheme);
  • Identify key obligations imposed on licensees;
  • Identify and report breaches to the licensee;
  • Identify where you are liable for your actions under your Authorised Representative agreement; and
  • Distinguish between retail and wholesale clients.


Who should do this course?

  • Authorised Representatives;
  • Fund promoters; 
  • Financial advisers;
  • Compliance staff; and
  • AFSL Responsible Managers.