Commercial Law and Financial Services Regulation

• • 1. 9 - Legal requirements for individual planners and licensees including a consideration of obligations under Chapter 7 of the Corporations Act (2001)
  • 1.1) Topic 9 material
  • 1.2) Chapter 14 McKeown et al
  • 2. 10 - Legal requirements for the provision of a financial services guide and Anti Money Laundering and Counter Terrorism Financing Act (2006)
  • 2.1) Topic 10 material
  • 2.2) Selected readings from Perkins and
  • 2.3) Monahan
  • 3. 11 - Legal requirements for providers under privacy legislation and in relation to statements of advice
  • 3.1) Topic 11 material
  • 3.2) Selected readings from Perkins and
  • 3.3) Monahan
  • 4. 12 - Legal obligations for tax advisors for registration and in relation to the Australian Transaction Reports and Analysis Centre
  • 4.1) Topic 12 material
  • 4.2) Selected readings from Perkins and
  • 4.3) Monahan

Others

Available as "Open Access" with the requirement of a Bachelors degree.

Additional requirements

No additional requirements

This subject covers a range of interesting legal and financial planning regulatory topics. It teaches students how to analyse and solve legal problems and looks at the regulatory obligations that are imposed upon financial planners. It equips students with basic problem-solving techniques that are essential skills for those wishing to work in the field of financial planning.

The subject combines topics that are necessary to build an understanding of how basic legal concepts impact and assist business organisations and individuals in business. This includes an examination of: the sources of law; how to read and understand legislation and case law; basic business; contract law principles, (including a consideration of terms in a contract and rights on breach of contract); liability in tort law; agency and consumer law; Australian corporate law and corporate governance principles.

This subject also provides you with an introduction to the regulatory obligations of financial planners under the Corporations Act and other legislation and regulation that regulates providers of financial services and products. In financial planning, a great deal of time is spent on developing strategies so that individuals can accumulate wealth while they are alive. Much less time is spent on organising recognising the ongoing regulatory obligations.

• Application questions (30%)
• Final Exam (40%)
• Case study (30%)

Current study term: 29 May 22 to 10 Jul 22