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Subject overview


STUDY MODE

100% online

AQF LEVEL

8

NEXT INTAKE

13 Jan 2025

SUBJECT DURATION

12 weeks

SUBJECT FEE

$2,600.00


This subject focuses on key economic and commercial law concepts, including economic issues of current relevance. The subject is designed to develop the ability to interpret basic economic information and understand the impact of current economic and market events. The subject highlights the prescribed areas of the Australian legal system, law of entities, contract law, property law and tort law and negligence, introducing students to the key drivers of law and regulation in the Australian financial services industry.

On completion of this subject, students will be able to appreciate the critical role that economic and commercial regulation play in wealth management and financial planning.

Students will follow a fictitious case study through much of the assessment, so that they may apply their understanding of the above concepts and explore issues that could apply in financial planning.

This subject complies with Corporations (Relevant Providers — Education and Training Standards) Determination 2021, division 3, section 3-65 Specified course: commercial law.

For more information, please refer to the subject outline.

Subject information

Learning outcomes

On successful completion of this subject, individuals should be able to:

  • Examine the main sources and regulatory structure of financial services law in Australia, including participants’ legal and regulatory obligations
  • Distinguish the characteristics of different business entities and determine the legal and regulatory implications for each
  • Analyse the nature, meaning and form requirements of contracts and the impact of legislation on contract law
  • Explore and apply the common law elements of tort law and negligence in the context of financial planning advice
  • Analyse how changes in government policy and key economic indicators impact Australian and global financial markets and market participants

Topics covered

  1. Overview of financial planning
  2. Overview of financial services law and regulations
  3. Disclosure
  4. Australian financial services licensing
  5. Business structures
  6. Contract and property law
  7. Tort law and negligence
  8. Overview of global financial markets and participants
  9. Economic principles and management

Continuing Professional Development (CPD)

Kaplan Professional has assessed this subject. Click here for the following CPD hours applicable from 1 January 2019 on successful completion of this course. For subjects or courses completed prior to this date, please contact Kaplan Professional’s CPD Support team on 1300 527 526 or pdmail@kaplan.edu.au.

Reading list

There is no prescribed text for this subject.

Individuals are provided with key readings and access to Kaplan Professional’s online databases. Individuals are encouraged to research and read widely on the topic.

Reading list

Assessments

Assessment typeAssessedTopicsWeighting
Assignment 1Week 41 - 325%
Assignment 2Week 81 -735%
Assignment 3Week 121 - 940%

Previous study requirements

Recognition of prior learning (RPL)

RPL for the Financial Advice Regulatory and Legal Obligations subject may be awarded if your completed prior studies are listed on the FAS Approved Courses by Institute of Higher Education list and are deemed equivalent to this subject. RPL may also be awarded based on prior post graduate studies in accordance with the Kaplan Professional Recognition of Prior Learning Policy.

Assumed knowledge

Not applicable.

Course transition subject equivalence

There are no equivalences for this subject.

Key dates

For a full list of annual study period dates, click here >

Study Period 6 2024

30 Sep 2024 - 17 Jan 2025

❌ Enrolments now closed

Early access opens 30 September 2024

Early access to assessments 14 October 2024

Study period commences 28 October 2024

Enrolments close/census 13 November 2024

Study period ends 17 January 2025

Assessment dates See assessment information

Study Period 1 2025

16 Dec 2024 - 4 Apr 2025

✓ Enrolments open now

Early access opens 16 December 2024

Early access to assessments 30 December 2024

Study period commences 13 January 2025

Enrolments close/census 29 January 2025

Study period ends 4 April 2025

Assessment dates See assessment information

Study Period 2 2025

10 Feb 2025 - 30 May 2025

✓ Enrolments open now

Early access opens 10 February 2025

Early access to assessments 24 February 2025

Study period commences 10 March 2025

Enrolments close/census 26 March 2025

Study period ends 30 May 2025

Assessment dates See assessment information

Study Period 3 2025

7 Apr 2025 - 25 Jul 2025

✓ Enrolments open now

Early access opens 7 April 2025

Early access to assessments 21 April 2025

Study period commences 5 May 2025

Enrolments close/census 21 May 2025

Study period ends 25 July 2025

Assessment dates See assessment information

Study Period 4 2025

2 Jun 2025 - 19 Sep 2025

✓ Enrolments open now

Early access opens 2 June 2025

Early access to assessments 16 June 2025

Study period commences 30 June 2025

Enrolments close/census 16 July 2025

Study period ends 19 September 2025

Assessment dates See assessment information

Study Period 5 2025

25 Aug 2025 - 14 Nov 2025

✓ Enrolments open now

Early access opens 28 July 2025

Early access to assessments 11 August 2025

Study period commences 25 August 2025

Enrolments close/census 10 September 2025

Study period ends 14 November 2025

Assessment dates See assessment information

Study Period 6 2025

27 Oct 2025 - 16 Jan 2026

✓ Enrolments open now

Early access opens 29 September 2025

Early access to assessments 13 October 2025

Study period commences 27 October 2025

Enrolments close/census 12 November 2025

Study period ends 16 January 2026

Assessment dates See assessment information

Fees and FEE-HELP

Enrolment feesFee
Subject fee 2024$2,600 (GST free)

Note: If this subject is undertaken as a standalone subject, no FEE-HELP is available.

FEE-HELP is available for individuals undertaking this subject as part of a qualification. Click here to find out if you’re eligible.

Click here for a full list of fees and allowances.

Subject enhancements

We are pleased to announce that the following enhancements have been made to this subject:

  • Subject has transitioned to a new fully digital format. The topic modules now have new features:
    • interactivity
    • multimedia elements
    • easy-to-read digital format
  • Replaced the final exam with alternative assessment (assignment 3).
  • Interactive sessions adjusted in line with digitisation, to include six (6) drop-in sessions for additional support, with structured activities.
  • Less “required readings” and more links to current rates and rules to ensure information remains current and accessible.

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