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1.3.4 Financial Services Exam - Financial Advice Regulatory and Legal Obligations

Financial services exam Prep - IQ Financial Advice Regulatory and Legal Obligations

This module is only available as a package of four courses covering the exam criteria. The misconduct and inappropriate advice module is part 4.

Register here

Reference notes and worked Q&As included.

Total 1.75 CPD Hours

What we cover

Incorporating Corporations Act – Chapter 7, Anti-Money Laundering (AML), Tax Agents Services Act (TASA)), Privacy Act:

Obligations under Chapter 7 (financial services and markets), Corporations Act 2001
- The Statement of Advice (SOA) and the essential requirements
- Implications of breaching the financial disclosure obligations
- Breaches and the notification obligations – when a breach has occurred and what you need to do
- The legal requirements for individual and licensee
Anti-money laundering and the Counter-Terrorism Financing rules – the legal requirements when providing advice
Privacy obligations under the Privacy Act when providing financial advice
Compliance with the Tax Agents Services Act requirements as a registered Tax Adviser

Conrad Gilbert

Professionalism & Governance Specialist, Knowledge Shop

Conrad works with the profession to navigate the practical impact of change on advisers, their practices, and their clients. He has over 30 years’ experience in the Financial Services Industry, working across insurance and financial planning. Before joining Knowledge Shop, he held senior executive roles with national financial planning networks.

In addition to his work with Knowledge Shop, Conrad is currently completing a PhD in Finance and Financial Planning at Griffith University. He holds an MBA from the University of Qld, a Bachelor of Commerce from Griffith University and a Diploma of Financial Planning from Deakin University.