Regulatory & Compliance - Blog - Zafin

Image for Zafin White Paper on DDO Compliance for Australian Banks

Design and Distribution Obligations: Regulatory Requirements With an Upside

By October of 2021, Australian financial institutions will need to comply with ASIC's new Design and Distribution Obligations (DDO). A key component of DDO is ensuring customers remain eligible and suitable for the full duration of their use of a financial product. Learn how to turn complying with this new regulation into a customer experience opportunity.

Use Case

Product Information Management

Streamline Regulatory Compliance and Reduce Risk Around Product Management

Build a comprehensive discipline around product information management, inclusive of: product governance processes, which customers have access to which products, product eligibility and suitability, risks and controls, as well as required manufacturing and distribution systems.

Use Case

Regulatory & Compliance

Streamline Lookback Inquiries for Regulators

Provision accurate lookback data for easy access, significantly reducing the amount of effort, time and cost associated with regulatory inquiries.v

Use Case

Regulatory & Compliance

Reduce Conduct Risk

Zafin can provide product information that can be used to help reduce product mis-selling and bolster processes designed to ensure fair and transparent outcomes for customers and regulators.