CFA Societies Australia continue to engage with the Financial Adviser Standards and Ethics Authority (FASEA) regarding recognition of the CFA Program and CFA Charter. In late March, FASEA released their Program & Provider Accreditation Policy which provides a mechanism for professional bodies to formally apply for assessment and recognition of professional designations.
CFA Institute and CFA Societies Australia are now in the process of providing FASEA with detailed information on our curriculum, assessment standards and code of ethics, in support of our application to have the CFA Charter recognised as a professional designation. We expect a response from FASEA in mid-2019.
For both existing advisers (CFA charterholders who were registered on the Financial Advisers Register (FAR) before 31 December 2018), and new advisers looking to satify the new FASEA requirements, we recommend waiting on the outcome of this application before enrolling in further courses.
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