Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 86 results for "Target market determination"

ASIC lifts stop orders against Remara

RIDDHIMA TALWANI  |  FRIDAY, 2 OCT 2026
... stop orders against Remara Investment Management's private credit products, after it amended its target market determination (TMD). Last week, the corporate watchdog claimed the products were too risky for retail investors. The three products - the ...

ASIC halts Remara's private credit products for TMD deficiencies

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2026
... interim stop orders on Remara Investment Management's private credit products over deficiencies in its target market determination (TMD), claiming they were too risky for retail investors. The three products - the 6 Month (Fixed and Variable) Account ...

ASIC suspends AFSL of GFA Capital Markets

RIDDHIMA TALWANI  |  THURSDAY, 6 AUG 2026
ASIC has suspended the Australian financial services licence (AFSL) of GFA Capital Markets (GFA) for five months after finding multiple client money, reporting obligation and compliance failures. GFA's licence has been suspended from 23 July 2026 to ...

ASIC cancels Trive Financial's AFSL as review into CFDs continues

VINNY VUCAGO  |  FRIDAY, 10 JUL 2026
ASIC has cancelled the Australian financial services licence (AFSL) of contracts for difference (CFD) issuer Trive Financial Services Australia, after determining the company was no longer carrying on a financial services business in Australia. The ...

ASIC makes first move since putting private credit on notice

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
The market watchdog has made interim stop orders against two products operated by Stratfund, suspecting deficiencies in the target market determinations (TMD) for both products. Offered under the Australian Fixed Income Fund, the products in question ...

Feature: Private credit | The fine print

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
JPMorgan Chase chief executive Jamie Dimon grabbed headlines last year when speaking at one of the banking giant's quarterly earnings calls. "When you see one cockroach," he told analysts, "there are probably more." The cockroach Dimon was referring ...

Pengana plots AI-focused LIT launch

KARREN VERGARA  |  MONDAY, 4 MAY 2026
... issued in accordance with applicable law (which should be read in full, and considered together with a target market determination (TMD) issued in relation to units in the proposed trust)." At the end of March, ASX-listed Pengana had $3.6 billion in ...

Binance Australia to pay $10m over deliberate customer misclassifications

MATTHEW WAI  |  MONDAY, 30 MAR 2026
... Binance also failed to provide a product disclosure statement (PDS) to retail clients, implement a target market determination, maintain a compliant internal dispute resolution system and ensure its services were provided appropriately. Meanwhile, Binance's ...

Product showcase: Follow the leaders

STAFF WRITER  |  MONDAY, 9 MAR 2026
... from engaging in any transaction. You should read the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) before making any recommendations to a client. The disclosure documents can be obtained from www.zillerfm.com.

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 ...
PAGE:
1
PREVIOUS
NEXT