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FASEA announces key relationship with Tertiary Education Quality and Standards Agency


The Standards Authority has agreed a memorandum of understanding (MOU) with higher education regulator the Tertiary Education Quality and Standards Agency (TEQSA).

The MOU ensures open cooperation between the two regulatory bodies as the Standards Authority works to establish its educational framework for financial advisers.

The information-sharing agreement between TEQSA and FASEA will see the two organisations exchange non-confidential policy documents about their respective approaches to accreditation, quality assurance and regulation, as well as sharing information about individual education providers and other aspects of the higher education sector.

This will ensure the Standards Authority is able to uphold high educational standards based on the most up-to-date information with respect to higher education operators as it moves to the implementation stage of its work program.