Design and Distribution Obligations for Distributors

ASIC has taken action against Australian Financial Services (“AFS”) licensees who failed to comply with the Design and Distribution Obligations (“DDO”). ASIC has explicitly called on AFS licensees to review their distribution practices in Report 795 Design and distribution obligations: Compliance with the reasonable steps obligation. AFS licensees ...

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Alicia Pevely

An integral member of the Sophie Grace team since 2012, Alicia has extensive experience in relation to financial services law, consumer credit law, regulatory matters and ASIC investigations. Working closely with her clients, Alicia has maintained a significant emphasis on AFS and credit licensing and liaising with ASIC. As General Manager, Alicia has oversight of all licence applications and provides advice and support in relation to more complex applications.

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