Assessing relevant provider qualifications

Australian financial services (AFS) licensees are required to check whether a person they intend to authorise and register as a relevant provider, meets the qualifications standard. Industry sometimes uses the terms ‘relevant provider’ and ‘financial adviser’ interchangeably.

AFS licensees can confirm that the completed degree or qualification meets the qualifications standard by assessing the final academic transcripts of the completed degree or qualification against the Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Determination 2021 (Determination).

Approved degrees and equivalent qualifications

The degree or qualification in the final academic transcripts must exactly match a degree or qualification listed in Schedule 1 of the Determination, including any conditions relating to that degree or qualification: see Table 1.

Qualifications equivalent to the education and training standard

Generally, ’existing providers’ can also meet the qualifications standard through one of the existing provider pathways in Part 3 of the Determination. The pathway allows existing providers to attain qualifications that are equivalent to the education and training standard. For more information on the circumstances where existing providers can meet the qualifications standard through an existing provider pathway, see Applying the professional standards.

Additional resources for assessing qualifications

ASIC has provided the following worked examples and webinar recording for relevant providers and AFS licensees to refer to when assessing their relevant provider’s qualifications.

What's new

More financial services releases

ASIC industry funding

Last updated: 09/05/2025 12:43