Michael Mavromatis
LinkedinPartnerMichael advises on legal, compliance and regulatory requirements affecting financial services businesses. His practice areas include funds management, platforms, superannuation, IDPSs, managed accounts, payments, derivatives, conflicted remuneration and financial services generally. Michael has previously worked in senior in-house roles across large national and multi-national financial services businesses, including major fund managers and platform providers.
Favourite Quote
“Sometimes you have to create a vision, a path for a vision. It may not be apparent, and you may have to forge it yourself. And that will be the way to move your life forward.” — Herbie Hancock
My Thoughts
Launching a new financial product in 2025? Don’t forget to do these things…
04 Nov 2024Launching a new financial product has never been easy, but today, the list of factors you need to take into account makes it a more complex exercise than ever before. Wind the clock back to…
FACT SHEET: Top 5 Tips for Preparing Target Market Determinations (TMDs)
01 Mar 2024The design and distribution obligations (DDO) are designed to ensure that product issuers adopt a consumer-centric approach when designing (and distributing) products. Before distributing a product, a product issuer must make a target market determination…
What are design and distribution product governance arrangements?
29 Feb 2024The product design and distribution obligations (DDO) regime, which commenced on 5 October 2021 introduced a new approach to regulation, by moving away from relying on disclosure as the main form of consumer protection and…
Design and Distribution Obligations – deferred but not forgotten. What do you need to do to prepare for the DDO regime?
23 Dec 2023The design and distribution obligations (DDO) may have been deferred for six months, but they’re not going away. Product issuers and distributors still need to prepare for the commencement of this regime – now set…
Finfluencers, referrers and discussing financial products online
08 Aug 2022In this article, we take a look at the key issues arising when AFS licensees work with referrers and finfluencers to distribute their products or services. Who are referrers and finfluencers? Referrers are known by…
Update – Recent developments in Open Banking – the Consumer Data Right
08 Jun 2021Please find our update on Open Banking below, along with details of recent developments and upcoming changes. “Open Banking” is the application of the Consumer Data Right (CDR) in the banking sector and involves the…