Design and Distribution Obligations – designing effective Target Market Determinations
5 key issues facing financial institutions in meeting their DDO obligations. The important issue of building out effective Target Market Determinations.
Risk and Compliance
5 issues to consider in relation to the new Financial Services Design and Distribution Obligations
With new Financial Services Design and Distribution Obligations due 5th of October 2021 there are 5 important issues to consider in preparation.
Are lenders prepared for the complex dynamics now in home lending?
Are banks ready for what's coming? There are economic priorities that will compete for the attention that dealing with foreclosure requires.
Financial crime needs a transformation – why and how?
Technology is the source of increased financial crime. What's the need behind financial crime transformation & what's the starting point for organisations?
Design and Distribution Obligations – whose job is it?
Design & Distributions Obligations for Financial Services & discussion of the important first step; whose job it is & implications to consider.
Controls – the heart of managing risk
Controls are at the heart of managing risk. But what is a control, what are the benefits & how do I know if I am prepared & in control of my risk profile?
Build once and build well – meeting new PDD obligations in a structured and considered way
The Australian financial services sector is under scrutiny from all sides, there's an important change to financial service product providers.
To make better decisions you need 6 things
The real game is making decisions. Now. Without perfect information. In the middle of a VUCA (Volatile, Uncertain, Complex and Ambiguous) world.
AMLCO Committee Membership Discussion
What committees or forums should the AMLCO be a standing or optional member of to best meet the requirements of the role?
A proven and pragmatic approach to better decision making in turbulent times
Our proven & pragmatic approach to better decision making in turbulent times. The Business Risk Scenario Model (BRSM) results in a one-page summary.
ASIC to enforce customer focus of new product design and distribution obligations: are you ready?
The new obligations come into effect Oct 2021 – so not immediate, however, when you consider what's involved it seems clear they'll prove a challenge.
Practical advice for boards to deliver effective oversight of non-financial risk
ASIC found that boards seem aware & engaged in oversight of ‘financial risks’ – revenue or cost management & they're not dealing with non-financial risk.
