In today’s highly regulated financial landscape, it’s crucial for professionals to clearly understand what constitutes a financial service, when advice becomes regulated, and what actions trigger licensing requirements.

This comprehensive course demystifies the legal definitions of financial product advice and dealing in a financial product as set out in the Corporations Act 2001. Built directly from ASIC’s Regulatory Guide 36 (RG36), it provides clear guidance on when you—or your clients—must hold an Australian Financial Services (AFS) licence or be appropriately authorised by a licensee.

Whether you’re a financial adviser, a product issuer, or a lawyer advising clients in the finance sector, this course gives you the knowledge to operate with confidence and compliance.

✅ Who is this course for?

This course is designed for:

• Professionals who provide financial product advice or deal in financial products
• Compliance managers and financial planners working in licensed businesses
• Lawyers and legal advisers supporting financial service providers
• Anyone preparing to apply for or maintain an AFS licence or authorisation

🎯 What you’ll learn

By the end of this course, you’ll be able to:

• ✅ Explain what constitutes financial product advice
• ✅ Distinguish between factual information and financial product advice
• ✅ Identify the meaning and scope of ‘dealing’ and ‘arranging’ in financial products
• ✅ Understand the AFS licensing requirements and the obligations imposed on licensees

📚 Course content highlights

• Key definitions: “Financial service”, “advice”, and “dealing” under the Corporations Act
• What counts as advice: comparing factual information vs product recommendations
• Practical implications of “arranging” for others to acquire financial products
• AFS licence triggers and exceptions
• The responsibilities and legal obligations of licensees
• Deep dive into ASIC’s Regulatory Guide 36 (RG36)
• Real-world case studies and compliance scenarios

📑 Legislative foundation

This course is firmly grounded in:

• Corporations Act 2001
• ASIC Regulatory Guide 36 (RG 36): Licensing: Financial product advice and dealing

🧩 Why take this course?

• Stay compliant with ASIC regulations
• Build legal and professional clarity around advice and dealing
• Avoid common legal pitfalls from unlicensed activity
• Support clients or your organisation with accurate and lawful guidance

💼 Flexible learning features

• 100% Online — Learn at your own pace
• Interactive lessons, quizzes, and real examples
• Downloadable legal references and tools
• Access on desktop, tablet, or mobile

🎓 Certification

Receive a Certificate of Completion—ideal for compliance records, CPD recognition, or professional development.

🚀 Ready to strengthen your compliance knowledge?

Enroll now and ensure you, your firm, or your clients meet Australia’s financial services laws with clarity and confidence.