FNS50920 Diploma of Banking Services Management

Supersededtraining.gov.au: supersededNonEquivalent

The currency period for FNS50920 ended on 13 June 2022 — 4 years ago. It names one replacement below, with the equivalence it declares for each.

Transition clockClosed to new enrolments

New enrolments are not permitted from 15 June 2023 — one year from the date the replacement was included on the National Register (s 14(1)(a)(i) of the National VET Regulator (Compliance Standards for NVR RTOs and Fit and Proper Person Requirements) Instrument 2025 (F2025L00355, in force 1 July 2025)), or from a later date if ASQA has approved otherwise for your organisation.

Learners already enrolled have no fixed deadline: they complete the product and are issued their AQF certification, or transfer to the replacement, in a timely manner (ASQA guidance, read live 25 August 2026).

The same date closes a second obligation: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted. When enrolments stop, the course page advertising it stops being permitted too — and if ASQA approves a later enrolment date, that moves with it.

Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule

Product type
Qualification
Training package
FNS — Financial Services Training Package
Currency period ends
13 June 2022
Latest release
Release 1 · 1 July 2020
Supersedes
FNS50915
Superseded by
FNS50922 not equivalent

Where the register points next

Each step below is one supersession training.gov.au publishes between two products. The label on the rail is the equivalence the register declares for that step — not our reading of it.

  1. FNS50920Superseded — not equivalentDiploma of Banking Services Management
  2. not equivalent
  3. FNS50922CurrentDiploma of Banking Services Management

What the register says changed

These are the mapping notes training.gov.au attaches to each supersession, quoted as the register writes them. They are the only public record of what actually changed between two versions.

  • FNS50915FNS50920not equivalent30 June 2020

    The register records this supersession but attaches no note on what changed.

  • FNS50920FNS50922not equivalent14 June 2022

    The register records this supersession but attaches no note on what changed.

Is FNS50920 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS50920 sits on your own scope today, or what else on that scope has moved without anyone noticing. Enter your RTO number and we read every product on your live scope against training.gov.au and tell you which ones are superseded and which replacements the register flags not equivalent.

Public code, nothing else. We read your live scope from training.gov.au and answer here — nothing is stored unless you ask us to watch it.

Whether a supersession requires anything of you, and what, sits with you and your regulator. This page maps what the register records; it does not make that judgement. If the difference between an equivalent and a non-equivalent replacement is the question, we wrote it up in equivalent vs not equivalent.

What FNS50920 is made of

training.gov.au lists 32 units for FNS50920: 5 core and 27 elective. The register does not publish a completion rule in units for this product, so we do not state one. How many of the electives are required is in the packaging rules on training.gov.au.

Core units 5 listed

CodeUnitIn this product
BSBINM401Implement workplace information systemnot current
BSBMGT502Manage people performancenot current
BSBSMB420Evaluate and develop small business operationsnot current
FNSCUS501Develop and nurture relationships with clients, other professionals and third party referrersnot current
FNSINC411Conduct work according to professional practices in the financial services industrycurrent

Elective units 27 listed

CodeUnitIn this product
BSBCUS501Manage quality customer servicenot current
BSBINN502Build and sustain an innovative work environmentnot current
BSBMGT516Facilitate continuous improvementnot current
BSBMGT605Provide leadership across the organisationnot current
BSBMKG501Identify and evaluate marketing opportunitiesnot current
BSBSLS502Lead and manage a sales teamnot current
BSBSUS501Develop workplace policy and procedures for sustainabilitynot current
BSBWHS308Participate in WHS hazard identification, risk assessment and risk control processescurrent
BSBWOR501Manage personal work priorities and professional developmentnot current
FNSBNK402Align banking products with the needs of small business customersnot current
FNSBNK502Manage services in a Business Transaction Centrenot current
FNSBNK503Provide business advisory services within a financial services contextnot current
FNSBNK511Manage banking and service strategy for small business customerscurrent
FNSCRD402Establish and maintain appropriate securitynot current
FNSCRD503Promote understanding of the role and effective use of consumer creditnot current
FNSCUS502Monitor client requirementsnot current
FNSCUS503Review business performancenot current
FNSCUS504Manage premium customer relationshipscurrent
FNSCUS505Determine client requirements and expectationsnot current
FNSCUS506Record and implement client instructionsnot current
FNSINC503Identify situations requiring complex ethical decision makingnot current
FNSINC504Apply ethical frameworks and principles to make and act upon decisionsnot current
FNSORG503Develop a resource plancurrent
FNSRSK612Determine and manage risk exposure strategiescurrent
FNSSAM501Apply advanced selling techniques to selling of financial products and servicesnot current
FNSSAM502Assess market needsnot current
FNSSAM503Monitor market opportunitiescurrent

Core and elective are the register's own flags on the unit grid of the release read here. "Not current" means training.gov.au no longer recommends that unit for use inside this product — it does not say anything about the product itself.

Source: this product on training.gov.au, Australia's national training register — or go straight to the units it requires. The rule itself is item 14 of F2025L00355, and ASQA publishes the extensions it has granted. Read on 28 August 2026 UTC. Every code, title, date, status and equivalence flag on this page is the register's; nothing here is estimated or inferred, and where the register publishes nothing we say so.

Every FNS training product on the register · Search all training products

Is FNS50920 still on your scope? Type your RTO code and get the free breakdown — every superseded product on your live scope, and whether the register flags each replacement equivalent.

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