ASIC crackdown commences – is your TMD appropriate?
ASIC’s design and distribution obligations have been in place for just over 12 months. In this time, ASIC has issued 10 interim stop orders targeting inappropriate target market determinations (TMDs). Fresh in the crosshairs of ASIC are regulated financial products with underlying digital-asset exposure. ASIC has taken its role as consumer protector very seriously when it comes […]
