October 4th, 2021
As you are all aware ASIC is introducing new regulations to protect consumers of retail financial products as a result of the royal commission and the key requirement of this regulation is the creation of a Target Market Determination (TMD) for all in scope products and will come into effect from Tuesday 5 October 2021.
Adelaide Bank AMP ANZ Auswide Bank of Melbourne Bank of Queensland Bank SA BankWest Better Choice Home Loans Bluebay BMM CBA Connective Advance Connective Elevate Connective Essentials Connective Select Connective Solutions Citibank Firefighters Mutual Bank FirstMac Gateway Gateway Bank Health Professionals Bank Heritage Homeloans homestart IMB ING Commercial ING Residential Keystart Latitude Financial Services Lumi MA Money Macquarie ME Bank MyState NAB NAB Broker Newcastle Permanent P&N bank Pepper Money Resimac St George Suncorp Teachers Mutual Bank uBank Unibank Westpac