Target Market Determination

What is a Target Market Determination?

A Target Market Determination (TMD) describes:

  • the class of customers that comprise the Target Market for the product
  • any conditions or restrictions on how the product is distributed to retail customers
  • events or circumstances where we will review the TMD for the product

Why do we need to have a Target Market Determination?

The requirement to have TMDs in place for all relevant products, was introduced as part of the Design and Distribution Obligations (DDO) which took effect on 5 October 2021.  

Target Market Determination's

The TMDs can be found via the links below.