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Showing 1 - 10 of 69 results for "DDO"

ASIC hits Fidante private credit fund with interim stop order

KARREN VERGARA  |  TUESDAY, 13 OCT 2026
... 21 days unless revoked earlier. ASIC said it is concerned that Fidante has not met its design and distribution obligations (DDO) and considers that if the product was issued to a retail client in Fidante's target market, the product would be unlikely ...

ASIC lifts stop orders against Remara

RIDDHIMA TALWANI  |  FRIDAY, 2 OCT 2026
... scheme. ASIC had hit Remara and its trustee Melbourne Securities Corporation (MSC) with the interim design distribution orders (DDO) stop orders for 21 days unless revoked earlier. Amendments made by Remara addressed ASIC's concerns by removing 'capital ...

ASIC halts Remara's private credit products for TMD deficiencies

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2026
... scheme. ASIC hit Remara and its trustee Melbourne Securities Corporation (MSC) with the interim design distribution orders (DDO) stop orders for 21 days unless revoked earlier. During this time, MSC will cease dealing in interests, issuing a product ...

ASIC makes first move since putting private credit on notice

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
... Stratfund from transacting or processing any functionality of the products under ASIC's design and distribution obligations (DDO). The orders are valid for 21 days unless revoked earlier, ASIC said. These stop orders arose from ASIC's risk-based surveillance ...

Australian Unity cops fine for TMD, DDO failures

KARREN VERGARA  |  MONDAY, 2 FEB 2026
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 ...

ASIC returns $40m of CFD losses

ELIZA BAVIN  |  TUESDAY, 20 JAN 2026
... 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 ...

Super funds a "standout" in risk and compliance hiring: Kaizen

RIDDHIMA TALWANI  |  MONDAY, 10 NOV 2025
... 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 ...

La Trobe has two of three stop orders lifted

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
... 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 ...

ASIC sues Australian Unity for TMD failure

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... 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 ...

ASIC blasts managed funds' poor compliance plans

KARREN VERGARA  |  MONDAY, 2 JUN 2025
... 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 ...
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