FNS51815 Diploma of Financial Services

Supersededtraining.gov.au: supersededNonEquivalent

The currency period for FNS51815 ended on 29 June 2020 — 6 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 1 July 2021 — 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The same date closes a second obligation: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted.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Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule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
29 June 2020
Latest release
Release 4 · 13 February 2018 · 4 releases in all
Supersedes
FNS51811
Superseded by
FNS51820 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. FNS51815Superseded — not equivalentDiploma of Financial Services
  2. not equivalent
  3. FNS51820Superseded — equivalentDiploma of Financial Services
  4. equivalent
  5. FNS51822CurrentDiploma of Financial Services

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.

  • FNS51811FNS51815equivalent24 March 2015

    Updated to meet Standards for Training Packages.

  • FNS51815FNS51820not equivalent30 June 2020

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

Is FNS51815 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS51815 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 FNS51815 is made of

training.gov.au lists 63 units for FNS51815: 1 core and 62 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 1 listed

CodeUnitIn this product
FNSINC401Apply principles of professional practice to work in the financial services industrynot current

Elective units 62 listed

CodeUnitIn this product
BSBCNV501Take instructions in relation to a transactionnot current
BSBCNV502Read and interpret a legal document and provide advicenot current
BSBCNV503Analyse and interpret legal requirements for a transactionnot current
BSBCOM501Identify and interpret compliance requirementsnot current
BSBCOM503Develop processes for the management of breaches in compliance requirementsnot current
BSBCUS501Manage quality customer servicenot current
BSBHRM506Manage recruitment selection and induction processesnot current
BSBINN502Build and sustain an innovative work environmentnot current
BSBLEG513Apply legal principles in corporation law mattersnot current
BSBMGT502Manage people performancenot current
BSBMGT516Facilitate continuous improvementnot current
BSBMGT517Manage operational plannot current
BSBMKG501Identify and evaluate marketing opportunitiesnot current
BSBPMG517Manage project risknot current
BSBPMG521Manage project integrationnot current
BSBPMG522Undertake project worknot current
BSBSLS502Lead and manage a sales teamnot current
BSBSUS501Develop workplace policy and procedures for sustainabilitynot current
BSBWHS503Contribute to the systematic management of WHS risknot current
BSBWHS504Manage WHS riskscurrent
BSBWHS507Contribute to managing WHS information systemsnot current
BSBWOR501Manage personal work priorities and professional developmentnot current
FNSBNK501Manage banking and service strategy for small business customersnot current
FNSBNK502Manage services in a Business Transaction Centrenot current
FNSBNK503Provide business advisory services within a financial services contextnot current
FNSCRD503Promote understanding of the role and effective use of consumer creditnot current
FNSCRD504Manage the credit relationshipnot current
FNSCRD505Respond to corporate insolvency situationsnot current
FNSCUS502Monitor client requirementsnot current
FNSCUS503Review business performancenot current
Show the remaining 32 elective units
CodeUnitIn this product
FNSCUS504Manage premium customer relationshipscurrent
FNSCUS505Determine client requirements and expectationsnot current
FNSCUS506Record and implement client instructionsnot current
FNSFLT501Assist customers to budget and manage own financesnot current
FNSFLT502Facilitate customer awareness of the Australian financial system and marketsnot current
FNSFLT503Promote basic financial literacy skillsnot current
FNSFLT504Facilitate customer knowledge of personal financial statementsnot current
FNSFLT505Facilitate customer or employee knowledge of superannuation as an investment toolnot current
FNSFMK501Analyse financial markets and informationnot current
FNSFMK505Comply with financial services regulation and industry codes of practicenot current
FNSFMK509Process transaction documentationcurrent
FNSFMK510Prepare trading strategies for clientsnot current
FNSIAD501Provide appropriate services, advice and products to clientsnot current
FNSIAD502Provide appropriate and timely information and advice to clientsnot current
FNSINC402Develop and maintain in-depth knowledge of products and services used by an organisation or sectornot 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
FNSORG501Develop and manage a budgetcurrent
FNSORG502Develop and monitor policy and proceduresnot current
FNSORG503Develop a resource plancurrent
FNSORG504Monitor and supervise work practices to meet financial services regulatory requirementsnot current
FNSORG505Prepare financial reports to meet statutory requirementsnot current
FNSORG506Prepare financial forecasts and projectionscurrent
FNSORG507Manage client service and business informationcurrent
FNSORG508Analyse and comment on management reportscurrent
FNSRSK501Undertake risk identificationnot current
FNSRSK502Assess risksnot current
FNSRSK601Develop and implement risk mitigation plannot current
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

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