With the recent release of the FSC's Target Market Determination (TMD) Template (Version 2), we invite you to join us for a free in-person workshop open exclusively to members and licensees.

This workshop will go through the FSC’s template TMD in detail and discuss how some FSC members approach completing TMDs based on the template, the suggested approach for various products, ASIC’s particular expectations for TMDs and how and why the template has changed since the previous version.

Throughout this session industry leaders will look to answer the following questions:

What are the key issues product issuers should look at when they develop and use a Target Market Determination (TMD)?
How should product issuers use the FSC’s template TMD for funds management and other investment products?
What are the insights from the interactions the FSC has with ASIC about DDO?

Register now to secure your spot!

Note: This workshop is not providing legal advice on the DDO regime, product issuers need to obtain their own legal advice on how to comply with the DDO.

EVENT DETAILS

Date: Wednesday 12 July 2023
Time: 12:30pm - 2:00pm
Venue: King & Wood Mallesons - Level 61, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000
*online streaming available for interstate members
Cost: Free and Member/Licensee Only

For all enquiries please contact Izekiel, Event & Member Services Manager.
E: ipicatoste@fsc.org.au

ABOUT YOUR SPEAKERS

Katie Thornton
Head of Product Delivery & Management, Australia, Fidelity Australia
Katie Thornton heads up the Product function at Fidelity Australia. In this role, she is responsible for Fidelity’s product strategy, product development pipeline and management of Fidelity’s existing product suite, across both the ETF and unlisted channels. Katie joined Fidelity in January 2019. Prior to joining the firm, she worked for NAB Asset Management as Senior Consultant, Market Strategy & Commercialisation, BT and AMP Capital as Product Manager, and Skandia in Marketing. Katie studied at the University of Sydney and holds a Bachelor of Science and Bachelor of Commerce.

Vinod Kumar
Director, Legal, BlackRock Australia
Vinod is a Senior Legal Counsel at BlackRock Australia and chaired the FSC Funds Management Working Group that produced the first and second industry TMD templates.

At BlackRock, Vinod is responsible for monitoring and implementing regulatory reform that impacts BlackRock’s fund range, which includes over 80 ETFs and unlisted retail products across asset classes. In recent years, Vinod has led engagement on DDO, ETF naming conventions, sustainable finance practices, fees and costs disclosure, Your Future, Your Super, and derivatives reform.

As chair of the FSC Funds Management Working Group, Vinod has led the collaboration of FSC members from the release of the DDO legislation, through to implementation, and up to the launch of the revised TMD template. In this role, Vinod has engaged with industry, government and regulators to advocate for practical and effective regulatory settings and to streamline market practice.

Prior to joining BlackRock in 2018, Vinod was a senior associate at global law firm Norton Rose Fulbright.

Annie Rozenauers
Executive Director, Product | Global Asset Management Distribution, Perpetual
Annie has over twenty five years of experience in the financial services industry.

Annie joined Perpetual Limited in October 2014 and is the Executive Director Product within the Global Asset Management Distribution division. She is responsible for overseeing Perpetual’s global product governance framework for the Perpetual Group and accountable for Perpetual’s domestic Asset Management product suite including product strategy, new product development and product lifecycle management. These products span investment products (listed and unlisted), superannuation and platforms.

Annie is also a director of the Trust Company (Sydney Airport) Limited and Perpetual Investment Management Limited

Prior to Perpetual, Annie has gained offshore experience in the US and Asia and held roles with a number of financial services organisations including BT Financial Group, Aberdeen, Canadian Imperial Bank of Commerce and Macquarie Bank.

Annie has a Bachelor of Commerce from the University of New South Wales and a Masters in Business Administration from London Business School.

Michael Potter
Policy Director – Economics & Tax, Financial Services Council
Michael Potter is the Policy Director, Economics and Tax at the Financial Services Council.

Michael jointly leads the FSC’s work on the Design and Distribution Obligations, and leads the FSC’s work on tax and economics.

Michael previously worked at the Centre for Independent Studies, the Parliamentary Budget Office, the Federal Department of Treasury, the Department of Prime Minister and Cabinet, the National Farmers Federation and the Australian Chamber of Commerce and Industry. He has over 20 years’ experience in public policy, particularly economics and tax issues.

Michael has a Master of Applied Economics from the Australian National University, and Bachelor of Economics with honours from the University of Sydney. He is a graduate of the Australian Institute of Company Directors.