Banks & Financial Institutions

Banks and financial institutions are the subject of unprecedented scrutiny.

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry will have flow-on effects across the sector, as will APRA's response to the self-assessment processes that are being undertaken. In turn, regulators have enhanced regulatory tools and enforcement practices – as well as a mandate to deliver.

Coupled with that, digital disruption is challenging the traditional shape of financial institutions in the form of FinTech, RegTech, challenger and neobanks, and open banking. Banks are also under pressure to fulfil their customers' expectations regarding increased digitalisation of services, while protecting their data.

With evolving corporate governance expectations for boards and management, managing risk is critically important – requiring financial institutions to strike the right balance between incentives, culture and processes.

How we can help

We work with our clients as a strategic partner. In an evolving landscape, we aim to provide you with nimble and practical advice – both in relation to the law and commercial dynamics.

Solutions not only for you but your clients

Our financial services team draws on experts across a range of disciplines, including M&A, disputes, regulatory response, corporate governance, risk and advisory, banking and finance, and funds management, superannuation and wealth management.

Access to the right people with the right approach

Complex transactions not only require technical expertise but a commercial, solution-driven approach. We have the depth of experience and bench strength to handle the largest and most complicated transactions, and draw upon cross-practice expertise to provide an end-to-end offering.

Keeping you informed of what's to come

For close to 200 years, we have worked with lenders, borrowers, government, advisers and other participants in the financial services sector. We advise on best practice and, in many cases, have played a role in setting it. Also, our Alliance with Linklaters, one of the leading banking and finance law firms in the world, provides us with access to the latest global developments affecting you.

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Our comprehensive analysis of how the recommendations will affect key areas - including governance and directors' duties, through to remuneration and culture - as well as a round-by-round review of the Commissioner's findings.


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Superannuation fund merger

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