FNS51015 Diploma of Financial Markets

Supersededtraining.gov.au: supersededNonEquivalent

The currency period for FNS51015 ended on 29 June 2020 — 6 years ago. It names one replacement below, with the equivalence it declares for each.

Transition clockOpen for new enrolmentsClosing to new enrolments soonClosed to new enrolments

For an RTO registered by ASQA, new enrolments are not permitted today, unless ASQA has approved otherwise — for your organisation, for a class of RTOs, or for all RTOs. The one-year point this rule counts from — one year from the date the replacement was included on the National Register — fell earlier, on 1 July 2021. That date is arithmetic, not a day on which this instrument prohibited anything: s 14(1)(a)(i) of the National Vocational Education and Training Regulator (Compliance Standards for NVR Registered Training Organisations and Fit and Proper Person Requirements) Instrument 2025 (F2025L00355) commenced on 1 July 2025 and imposes nothing before then. RTOs registered by VRQA in Victoria or by the TAC in Western Australia are not covered by it.

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).

A second obligation follows from the same fact: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted. For an RTO registered by ASQA, new enrolments in this product are not permitted today, so a course page advertising it is not permitted either — 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Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule

For an ASQA-registered RTO that does not already hold it, adding the replacement to scope is a change-of-scope application to ASQA, with a fee set by law: A$200 application fee + A$1,100 assessment fee per application (up to 5 VET courses and 50 units of competency). RTOs registered by a state regulator, and ASQA delegates, sit under other arrangements. Source: NVR Fees Determination 2026, F2026L00814, from 1 July 2026 · read 5 September 2026.

Product type
Qualification
Training package
FNS — Financial Services Training Package
Currency period ends
29 June 2020
Latest release
Release 4 · 13 February 2018 · 4 releases in all
Supersedes
FNS51011
Superseded by
FNS51020 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. FNS51015Superseded — not equivalentDiploma of Financial Markets
  2. not equivalent
  3. FNS51020Superseded — equivalentDiploma of Financial Markets
  4. equivalent
  5. FNS51022CurrentDiploma of Financial Markets

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.

  • FNS51011FNS51015equivalent24 March 2015

    Updated to meet Standards for Training Packages.

  • FNS51015FNS51020not equivalent30 June 2020

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

Official documents on the register

What training.gov.au lists for FNS51015 and for its training package FNS (release 8.2), with the name and date the register publishes for each file. We link them; we have not read them, and nothing on this page is taken from their contents.

Is FNS51015 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS51015 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 — we keep neither the code nor the answer; what remains is the two-minute abuse counter described on our privacy page.

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 FNS51015 is made of

training.gov.au lists 30 units for FNS51015: 4 core and 26 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 4 listed

CodeUnitIn this product
BSBCOM406Conduct work within a compliance frameworknot current
FNSFMK501Analyse financial markets and informationnot current
FNSINC401Apply principles of professional practice to work in the financial services industrynot current
FNSRSK502Assess risksnot current

Elective units 26 listed

CodeUnitIn this product
FNSASICL503Provide advice in the regulated emissions marketnot current
FNSASICS503Provide advice in foreign exchangenot current
FNSASICT503Provide advice in managed investmentsnot current
FNSASICV503Provide advice in derivativesnot current
FNSASICW503Provide advice in securitiesnot current
FNSCUS504Manage premium customer relationshipscurrent
FNSCUS505Determine client requirements and expectationsnot current
FNSCUS506Record and implement client instructionsnot current
FNSFMK401Reconcile financial transactionsnot current
FNSFMK502Analyse financial market products for clientcurrent
FNSFMK503Advise clients on financial risknot current
FNSFMK504Complete confirmation and settlement processesnot current
FNSFMK506Detect errors and fraud when processing financial transactionsnot current
FNSFMK507Analyse risk mitigation in the operations processnot current
FNSFMK508Monitor and process collateralnot current
FNSFMK509Process transaction documentationcurrent
FNSFMK510Prepare trading strategies for clientsnot current
FNSFMK511Apply limits when tradingnot current
FNSFMK512Apply knowledge of emissions marketscurrent
FNSFMK601Price financial transactionsnot current
FNSFMK602Hedge financial productsnot current
FNSIAD501Provide appropriate services, advice and products to clientsnot current
FNSIAD502Provide appropriate and timely information and advice to clientsnot current
FNSINC501Conduct product research to support recommendationsnot current
FNSINC503Identify situations requiring complex ethical decision makingnot current
FNSINC504Apply ethical frameworks and principles to make and act upon decisionsnot 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 14 October 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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