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Showing 51 - 60 of 65 results for "DDO"

ASIC looks to tighten crypto ETP oversight

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... not be issuing any further expectations around how products of this nature would meet Design and Distribution Obligations (DDO) but has asked whether there is a need for clarification. Further, the regulator used the consultation paper as means to warn ...

Regulators urge wider DDO adoption

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... under the assumption that all their offerings must meet the requirements of the Product Design and Distribution Obligations (DDO) legislation. Releasing notes from the inaugural Superannuation CEO Roundtable that took place on April 30, ASIC and APRA ...

Iress partners with regtech for DDO

ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
... announced it is integrating Objective Corporation with its blockchain technology for its design and distribution obligations (DDO) solution. The integration will allow product issuers to publish Target Market Determinations (TMDs) created through Objective's ...

FSC proposes new advice model

KARREN VERGARA  |  MONDAY, 19 APR 2021
... group. The FSC is calling for a simpler advice model that is consistent with the new Design and Distribution Obligations (DDO), which requires financial product issuers to know whether their consumers fall within the target market of their products. ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... according to a lawyer. Speaking at a Financial Services Council (FSC) event King & Wood Mallesons partner Nathan Hodge said the DDO imposes a lot more implications for product providers and financial advisers when distributed under a general advice model ...

Morningstar releases DDO solution

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
... standards and templates across issuers will allow distributors to systematise their monitoring and reporting obligations under DDO." Morningstar has been gathering feedback and engaging with the industry with the goal of formulating an open source standard ...

ASIC pursues criminal charges in super

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
ASIC has outlined its ongoing body of work in the superannuation space, confirming it has compiled two briefs of evidence in support of criminal charges with the Commonwealth Director of Public Prosecutions and is undertaking more than 20 enforcement ...

Iress to deliver DDO solution

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... software company has announced its plans to launch a technological solution to meet the Design and Distribution Obligations (DDO), commencing 5 October 2021. ASIC's RG 274 Product design and distribution obligations aims to help consumers obtain ...

ASIC to take targeted approach with PIP

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
ASIC commissioner Sean Hughes said the government's Product Intervention Powers (PIP) will allow the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk ...

Regulators alert trustees of new obligations

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... quality outcomes for members. Rowell said she expects trustees to have progressed well in completing their first BPR. The DDO will commence on 5 October 2021 but significant preparation is needed by RSE licensees ahead of this date, Press warned. These ...