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ASIC RG105 / Responsible Manager Qualifications

Mandatory for AFSL Responsible Manager role.

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Founded

2003 (current AFSL regime)

HQ

Sydney, NSW, Australia

Target Audience

Responsible Managers (RMs) at Australian Financial Services Licensees — required role for AFSL holders.

Key Features

  • Five organisational competence pathways (qualification + experience combinations)
  • Typically pursued via Kaplan Professional, Mentor Education, Monarch Institute
  • Mandatory for any retail-AFSL licensee to nominate qualified Responsible Managers

How to Get This Certification

Prerequisites

Combination of qualifications + experience per ASIC RG105 organisational competence pathways.

Why Get Certified — ROI

Salary Impact

AFSL Responsible Manager AUD 145,000–AUD 230,000 (Hays Australia 2024 Compliance Salary Guide).

Career Benefits

What makes this stand out
Mandatory for AFSL Responsible Manager role.
Industry recognition
ASIC regulation.

Who Should Get This Certification

Ideal for:

  • Responsible Managers (RMs) at Australian Financial Services Licensees — required role for AFSL holders.

Consider alternatives if:

  • Compliance-driven; not a career-advancement signal

Pricing

Pricing varies.

Weaknesses

  • Compliance-driven; not a career-advancement signal

Markets Served

Australia

Visit Official Site →

Disclosure: This page contains affiliate links.

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