ASIC Regulatory Guidance 164

The ASF has intentionally developed its Program at Diploma level to assist its membership in meeting the AFSL holder's requirements under ASIC Regulatory Guidance 164 (formerly known as Policy Statement 164) for the appropriate training of its representatives.

Additionally, for participants that are a Responsible Officer, this Program addresses ASIC RG 164.104C Alternative 4, which states:

A qualification which is:
(a) specifically relevant to the particular industry and/or product;
(b) at least the equivalent of a minimum of a full diploma; and
(c) recognised under the Australian Qualifications Framework, or by a university or another institution of higher education (this includes, but is not limited to, existing approved qualifications, such as the diploma courses, listed in the ASIC Training Register)
AND
The equivalent of at least 3 years relevant industry experience over the immediate past 5 years in a role that enables the person to understand the responsibilities and requirements of the current role