Advice, Design and Distribution Training for Private Credit Funds (non-bank lenders)

What's covered

• Help the licensee comply with its design and distribution obligations, including ensuring that products are only distributed within the relevant target market, and applying learnings from the FirstMac Limited Case.
• explain key regulatory obligations in relation to the provision of financial services;
• confidently provide no advice, and know when communications cross into general or personal advice;
• understand a Licensee’s general obligations;
• properly categorise clients as wholesale clients;
• make proper records of meetings with potential investors or investors;
• identify obligations that apply when issuing promotional or marketing material;
• identify an “incident” within the broader breach reporting framework;
• Improve compliance arrangements in light of learnings from ASIC’s civil procedings against Lanterne Fund Services Pty Ltd.