FCA has a two-tier governance structure with a board and a representative council. This model recognises that decisions should be made by the body with the appropriate knowledge and expertise.
The Board is responsible for the financial management of FCA, its strategic direction and legal compliance.
The Representative Council considers issues that affect financial counsellors, particularly those issues needing a national approach, including service standards. The representative council also provides advice to the board about strategy and policy issues.
FCA is a company limited by guarantee (Financial Counselling Australia Ltd) under the Corporations Act (ACN 073 167 361). View the FCA Constitution.