Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 (50 of 2019)
Schedule 1 Amendments relating to design and distribution of financial products
Corporations Act 2001
8 Subsection 1317E(1) (after table item 40)
Insert:
|
40A |
subsections 994B(2) and (9) |
failure to make and make available target market determinations for financial products |
|
40B |
subsection 994C(2) |
failure to review target market determinations |
|
40C |
subsection 994C(4) |
engaging in retail product distribution conduct in relation to financial products before review of target market determinations |
|
40D |
subsection 994C(5) |
failure to inform regulated persons of obligations not to engage in retail product distribution conduct in relation to financial products before review of target market determinations |
|
40E |
subsection 994C(7) |
engaging in retail product distribution conduct in relation to financial products before review of target market determinations |
|
40F |
section 994D |
engaging in retail product distribution conduct where no target market determination |
|
40G |
subsections 994E(1) and (3) |
ensuring that retail product distribution conduct is consistent with target market determinations |
|
40H |
subsections 994F(1) and (3) |
failure to keep records |
|
40J |
subsections 994F(4), (5) and (6) |
failure to report complaints and other information |
|
40K |
subsection 994F(8) |
failure to comply with requirements of regulations |
|
40L |
section 994G |
failure to notify ASIC |
|
40M |
subsection 994H(3) |
failure to provide information to ASIC on request |
|
40N |
subsections 994J(7) and (8) |
failure to comply with stop order obligations |