Search Results | Showing 1 - 10 of 65 results for "DDO" |
| | | Australian Unity Funds Management (AUFM) admitted it breached design and distribution obligations (DDO) regarding its Select Income Fund and has been slapped with a $7.125 million fine by the Federal Court. Hundreds of retail investors were led to believe ... |
| | | | ... distribution practices, ASIC found widespread weaknesses in how CFD issuers complied with their design and distribution obligations (DDO), ASIC's CFD product intervention order (PIO) and regulatory reporting requirements. ASIC found more than half ... |
| | | | ... and APRA, including updates to SPS 530 on investment governance and ongoing enforcement around privacy and third-party risk, DDO, and consumer protections, will drive demand for specialised compliance roles focused on transparency, disclosure, and member-centric ... |
| | | | ... introduction of the questionnaires, La Trobe chief investment officer Chris Paton told Financial Standard : "We have a robust DDO framework ensuring that our products are distributed to their respective target markets." "Each self-directed investor is ... |
| | | | ... while meeting related regulatory obligations." ASIC deputy chair Sarah Court said the Design and Distribution Obligations (DDO) are there to help make sure consumers get appropriate financial products aligned with their objectives, financial situation ... |
| | | | ... entities (REs) of managed funds are falling short of their obligations to adequately address design and distribution obligations (DDO), the reportable situations regime and internal dispute resolution processes and reporting (IDR), an ASIC review found ... |
| | | | ... therefore required a TMD, meaning each time it was offered to a customer, Bit Trade breached design and distribution obligations (DDO). Justice Nicholas said Bit Trade "didn't turn its mind to the requirement of the DDO regime," adding that "the ... |
| | | | ... month, ASIC released the findings of its review of product issuers' compliance with the design and distribution obligations (DDO), calling for them to improve their distribution practices after identifying numerous shortcomings. Among other things, ASIC ... |
| | | | ... consumers to self-certify they fit a target market, an ASIC review into compliance with design and distribution obligations (DDO) shows. The regulator is calling on product issuers to ensure their distribution practices are sound, as its latest round ... |
| | | | ... Firstmac over a cross-selling strategy for investment products. The Federal Court found yesterday that Firstmac breached the DDO provisions by failing to take reasonable steps that would have resulted in or would have been reasonably likely to have resulted ... |
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