FASEA releases program and provider accreditation policy

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FASEA has released its final FPS002 Program & Provider Accreditation Policy. The policy was informed through stakeholder consultation and two pilot accreditations conducted at Higher Education Providers (HEPs). The policy provides guidance to HEPs and Professional Associations on the approval requirements for a range of education pathways in the FASEA Education Pathways Policy FPS001 including: […]

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FASEA releases code of ethics standard

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FASEA has released the legislative instrument and explanatory statement for the Code of Ethics standard. The legislative instrument was informed through consultation received in 18 submissions during the final consultation period for this standard in November and December 2018. Following this consultation, FASEA has clarified aspects of the Code, including the values underlying the Code, […]

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FASEA releases final examination standard

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FASEA has released the legislative instrument and explanatory statement for its Examination standard. The legislative instrument was informed through consultation received in 26 submissions during the legislative instrument final consultation process for this standard in December 2018 and January 2019. Under the final standard, FASEA has reduced the reading time for the exam to 15 […]

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FASEA releases Policy for the Foreign Qualification Standard

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FASEA has published the Policy for its Foreign Qualification Standard. The Policy was informed through consultation with stakeholders in August 2018 and through 8 formal submissions during FASEA’s consultation process in November 2018. The Corporations Act 2001 requires FASEA to approve in writing a foreign qualification.  Under the Standard, new entrants and relevant providers are […]

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FASEA confirms accreditation process for professional designations

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Following the release of its revised Education Pathways and Program and Provider Accreditation policies for consultation, the Standards Authority has invited industry associations to apply for accreditation for their respective professional designation programs. Notices have been sent to a number of industry associations informing them of the process to have the course content of their […]

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FASEA releases Foreign Qualifications Policy for consultation

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FASEA has released its policy on Foreign Qualifications for consultation. The policy was informed from consultation received through 12 submissions and various stakeholder forums during FASEA’s consultation process for this standard in July and August 2018. The policy contemplates a 2 step approach:  an assessment by a Department of Education and Training (DET) approved body, […]

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FASEA releases Code of Ethics legislative instrument

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FASEA has released its legislative instrument for the Code of Ethics standard for consultation. The legislative instrument was informed from consultation received through 37 formal submissions during FASEA’s consultation process for this standard from March to June 2018. Under the standard, FASEA proposes the Code of Ethics addresses the values of Trust, Competence, Honesty, Fairness […]

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FASEA releases relevant providers degrees, qualifications and courses standard legislative instrument

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FASEA has released the legislative instrument for its Relevant Providers Degrees, Qualifications and Courses Standard for consultation. The legislative instrument was informed from consultation received through approximately 150 formal submissions during FASEA’s consultation process for this standard between March and June 2018. Arising from that consideration FASEA is proposing the maximum requirements for a New […]

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FASEA releases Standards Blueprint

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The Financial Adviser Standards and Ethics Authority (FASEA) has released details of its revised standards framework for financial advisers following stakeholder consultation. Approximately 800 submissions were received during the consultation process. FASEA has taken time to listen, analyse and reflect on those submissions in reviewing each standard. While consultation feedback supported much of the original […]

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FASEA releases draft Continuing Professional Development guidance

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The Standards Authority has released guidance around Continuing Professional Development (CPD) for providers, which outlines the proposed learning requirements required to be completed each year. The proposed approach to CPD aims to ensure that providers participate in development programs and activities that ensure they matintain and extend their professional capabilities, knowledge and skills including keeping […]

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