AFSL Responsible Manager Training (RG 105) – Online Workshops
One of the general obligations of an AFS licensee is to be “competent” to provide the financial services. Licensees demonstrate the organisation's competence by maintaining and updating the knowledge and skills of its Responsible Managers, as described in ASIC RG 105 AFS licensing: Organisational competence.
Our half-day Responsible Manager workshop has been designed to provide Responsible Managers and compliance staff with an overview of the role of the Responsible Manager, how they fit within the broader regulatory framework, and how they help the licensee meet its obligation to be competent.
What's covered
This year’s course tracks 2026 trends, including ASIC priorities. It also includes some immersive workshops with real-life scripts, court cases and workshops where participants take on different personas (ASIC, Responsible Manager, Line 2/Compliance, Customer).
Participants will:
- Apply ASIC’s expectations of Responsible Managers to their day-to-day activities.
- Contrast Responsible Manager “best practices” with practices that ended up getting Responsible Managers into trouble based on recent case studies.
- Apply a Responsible Manager’s three functional responsibilities of oversight, competency and culture, to their areas of responsibility.
- Consider the ASIC v HSBC Federal Court case about scam prevention and the “efficiently, honestly, fairly” obligation, through the lens of:
- Customer
- Responsible Manager
- Line 2 – Risk & Compliance
- ASIC
- Consider Reportable Situation trends, ASIC’s new Reportable Situations Data Dashboard, and some recent ASIC relief.
- Apply the takeouts to their day-to-day activities.
Who should attend?
Who should attend?
- AFSL Responsible Managers
- Compliance managers, compliance staff and support staff who need to understand the role of Responsible Managers
- People nominated as Responsible Managers (but who, as part of a licence application, are required by ASIC to undertake a training course like this one before ASIC will allow them to be Responsible Managers)