FIN102 Regulation, Ethics and Risk Management

This subject has been designed to provide students with an understanding of the basis of law and regulation across the streams of banking, wealth management/financial planning and capital markets. The subject will introduce students to the key drivers of law and regulation in the financial services industry and enable them to appreciate the critical role that law, regulation and ethics play in the operation of an efficient marketplace.

This subject is a core subject.

For more information, please refer to the subject outline.

  • Learning outcomes
    • At the completion of this subject students should be able to:

      1. Explain how ethical values and principles influence participants in the financial services industry.
      2. Explain the powers, functions and operations of the relevant financial markets and regulatory bodies.
      3. Explain the obligations imposed on participants by the common law, legislation and financial market rules.
      4. Explain the liabilities to which participants may be exposed under the common law, legislation and financial market rules.
      5. Apply various common law rules, legislation and financial market rules to a given scenario.
      6. Explain the concept of risk and the role of Basel II/III in risk management.
  • Subject content
    • Topic Title
      Topic 1 Australian legal system
      Topic 2 Ethics
      Topic 3 Overview of financial services law
      Topic 4 Regulatory Framework I
      Topic 5 Regulatory Framework II
      Topic 6 Disclosure
      Topic 7 Illegal and prohibited conduct
      Topic 8 Introduction to financial risk management

  • Assessment
  • Prerequisites
    • There are no prerequisites for this subject.

  • Course transition subject equivalence
    • Students who transition from a SIA/Finsia/Kaplan course and have completed the following subject within the course completion time frame may not also complete the subject:

      • FIN112 Law, Regulation and Ethics
      • C3 Securities Industry Law and Ethics
  • Reading list
    • There are no prescribed texts for this subject.

      Details of any required and further readings for this subject are provided in the subject room.  Purchase of any text other than a prescribed text is not required.