Search Results | Showing 11 - 20 of 82 results for "Design and distribution obligations" |
| | ... undertaken this financial year in the advice space that the regulator highlighted related to the design and distribution obligations, breach reporting, cyber and operational resilience, unlicensed advice, adviser registration, administration of the adviser ... |
| | | ... personal advice and Non-Relevant Providers such as advice firms or financial institutions. Design and Distribution Obligations (Recommendations 12.1 and 12.2) will be reworked to "limit the exception to the requirement to take reasonable steps to ensure ... |
| | | ... issues raised by ASIC through DDO enforcement actions and its recently published Report 762: Design and distribution obligations: Investment products. The report noted instances of unduly broad target markets definitions, inappropriate risk profiles ... |
| | | Mitrade Global has been hit with the first stop order to be issued under the design and distribution obligations' (DDO) failure to take reasonable steps provision, with the order relating to its distribution of contracts for difference (CFD). The stop ... |
| | | ... Super - marking the first time a super fund has been penalised with stop orders under the Design and Distribution Obligations. The orders were served on May 31, barring Spaceship Capital and its issuer Diversa from distributing or providing financial ... |
| | | ... closing their CFD positions, it added. "ASIC reminds financial product issuers that under design and distribution obligations (DDO), they must clearly define target markets for their products appropriately, having regard to the risks and features of ... |
| | | ... warning to investment product issuers after a review found woeful compliance in meeting the design and distribution obligations (DDO). Since last July, ASIC has placed interim stop orders on 26 investment products from 18 issuers which totals $6.6 billion ... |
| | | ... years in circumstances where a policy needs to be reissued. The conditional relief pertains to Design and Distribution Obligations for financial products issued before 5 October 2021 (when the DDO came into effect), except where the policy is reissued ... |
| | | ... management, were found to have TMDs that did not meet the appropriateness requirements under the design and distribution obligations. ASIC said they were "broadly drafted" and failed to define key concepts. "For example, Advance described investors in ... |
| | | ... made about any final stop orders. To date, ASIC has issued 24 interim stop orders under the design and distribution obligations (DDO), 19 of which have been lifted following actions taken by the entities. |
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