A Target Market Determination is a document created us which provides:
Why does Porsche Financial Services need to have Target Market Determinations?
We’re required to have Target Market Determinations under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019.
Accredited dealers or brokers engaging in retail product distribution under the Product Design and Distribution Obligation (PDDO) regulations, must report information outlined in the product Target Market Determination (TMD) within a specified timeframe to us.