Enrolments for 2022 have closed.
Commercial Law and Financial Services Regulation
Postgraduate | TAS-BFA514 | 2022
Course information for 2022 intake View information for 2024 course intake
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 11 weeks
FEE-HELP available
Commercial Law and Financial Services Regulation
About this subject
Upon successful completion of this subject, students should be able to:
- Describe the sources of law and legal principles relating to business organisations, contract, tort and consumer law and explain how business organisations are formed and the responsibilities relating to the creation and operation of them.
- Critically reflect on the effectiveness of the various forms of business organisations and the functions of financial planning.
- Communicate in written form, an analysis of issues of business and corporate law, financial planning and their applications.
- Describe and evaluate the regulation that applies to financial service providers (in relation to the provision of Financial Service Guides, Statements of Advice and Anti money laundering).
- Describe and evaluate the requirements in relation to privacy legislation and the regulatory requirements for Tax advisors.
- 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
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%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-MFP-GDI-2022 - Graduate Diploma of Financial Planning
Elective
- OUA-PSU-GCE-2022 - Postgraduate Single Subjects
Others
Available as "Open Access" with the requirement of a Bachelors degree.
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
PostgraduateTAS-MFP-GDI
PostgraduateOUA-PSU-GCE