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.
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.
FNS51010FNS51011=equivalent15 January 2012
Qualification has been restructured to reflect new industry input; packaging rules adjusted to require one less core unit; restrictions removed on choices in the electives to support flexibility - OUTCOMES EQUIVALENT
FNS51011FNS51015=equivalent24 March 2015
Updated to meet Standards for Training Packages.
Is FNS51011 on your scope?
This page is the register's record of one product. What it cannot tell you is whether FNS51011 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Enter your RTO number and we read every product on your live scope against training.gov.au and tell you which ones are superseded and which replacements the register flags not equivalent.
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 FNS51011 is made of
training.gov.au lists 28 units for FNS51011: 0 core and 2 elective, and 26 units it marks neither. 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.
Elective units 2 listed
| Code | Unit | In this product |
|---|---|---|
| FNSASICL503A | Provide advice in the regulated emissions market | !not current |
| FNSFMK512A | Apply knowledge of emissions markets | !not current |
Units the register marks neither core nor elective 26 listed
| Code | Unit | Core or elective | In this product |
|---|---|---|---|
| BSBCOM406A | Conduct work within a compliance framework | N/A | !not current |
| FNSASICS503A | Provide advice in Foreign Exchange | N/A | !not current |
| FNSASICT503A | Provide advice in Managed Investments | N/A | !not current |
| FNSASICV503A | Provide advice in Derivatives | N/A | !not current |
| FNSASICW503A | Provide advice in Securities | N/A | !not current |
| FNSCUS504A | Manage premium customer relationships | N/A | !not current |
| FNSCUS505A | Determine client requirements and expectations | N/A | !not current |
| FNSCUS506A | Record and implement client instructions | N/A | !not current |
| FNSFMK401A | Reconcile financial transactions | N/A | !not current |
| FNSFMK501A | Analyse financial markets and information | N/A | !not current |
| FNSFMK502A | Analyse financial market products for client | N/A | !not current |
| FNSFMK503A | Advise clients on financial risk | N/A | !not current |
| FNSFMK504A | Complete settlement and confirmation processes | N/A | !not current |
| FNSFMK506A | Detect errors and fraud when processing financial transactions | N/A | !not current |
| FNSFMK507A | Analyse risk mitigation in the operations process | N/A | !not current |
| FNSFMK508A | Monitor and process collateral | N/A | !not current |
| FNSFMK509A | Apply knowledge of transaction documentation and processing | N/A | !not current |
| FNSFMK510A | Prepare trading strategies for clients | N/A | !not current |
| FNSFMK511A | Apply limits when trading | N/A | !not current |
| FNSFMK601A | Price financial transactions | N/A | !not current |
| FNSFMK602A | Hedge financial products | N/A | !not current |
| FNSIAD501A | Provide appropriate services, advice and products to clients | N/A | !not current |
| FNSIAD502A | Provide appropriate and timely information and advice to clients | N/A | !not current |
| FNSINC401A | Apply principles of professional practice to work in the financial services industry | N/A | !not current |
| FNSINC501A | Conduct product research to support recommendations | N/A | !not current |
| FNSRSK502A | Assess risks | N/A | !not current |
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
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