Financial Services Regulation
Delivering strategic, technical and commercial advice across the full spectrum of financial services regulation.
Evolving regulatory landscape
You're always looking to the future, so we're here to ensure you are prepared for the regulatory challenges that are around the corner for your business.
Whichever macro trend is top of mind for you – from climate change risk to increasing cyber-attacks – we're here to help you understand how the evolving regulatory agenda will affect your business and how best to respond.
How we can help
Giving market-leading advice, we work with all of Australia's major banks, superannuation funds, fund managers, insurance and wealth companies across contentious and non-contentious matters. This is backed by our understanding of the broader regulatory environment in which financial services institutions operate. We regularly liaise with major regulators such as APRA, ASIC and AUSTRAC, and thoroughly understand their processes.
On top of the issues
In a rapidly changing field, we help clients prioritise, and focus their attention on the most important regulatory issues – those on the horizon, and their implementation and enforcement phases.
Our expertise covers all aspects of financial services regulation – from licensing, product design and distribution, governance and compliance, to managing breaches and working with regulators, all the way to regulatory investigations and disputes and M&A transactions.
Regulatory compliance
We can help you prioritise and manage the impact of financial services regulation, by delivering strategic, technical and commercial advice.
Risk advisory
We can help you identify, assess, control and respond to emerging risks and compliance challenges. Find out more
Regulatory enforcement
When it comes to the risk of escalating corporate penalties, public expectations, cross-jurisdictional contagion and associated class action risks, we partner with you to work through regulatory enforcement processes. Find out more
Regulatory transactions
Our clients have confidence in our ability to advise them on their most reputationally significant and technically complex transactions. We have extensive expertise in transactions involving regulated entities. Find out more
INSIGHT
ASIC publishes second report with insights from the Reportable Situations Regime
10 Nov 2023
Experience
Product design and distribution regime
Advising a number of clients, such as Westpac, CBA, MLC, Macquarie and Zip, on preparing their organisations for the product design and distribution regime.
Payments regulation
Advised a number of financial services clients, such as CBA, Westpac, ANZ and many others, on new payments systems, AFS licensing requirements, regulation of payment systems, regulation of purchased payment facilities and ADIs, compliance with rules governing various payment systems and schemes, and the application of design and distribution and breach reporting obligations to payment products.
ACCC investigation
Acted for ANZ in an ACCC investigation and subsequent criminal cartel prosecutions brought against it, two global investment banks and six senior executives in relation to a $2.5 billion institutional share placement undertaken by ANZ in August 2015.
ASIC proceedings
Acting for REST in proceedings brought by ASIC in relation to members' rollover requests.
Anti-money laundering
Conducting numerous investigations for banks in relation to potential breaches of the AML/CTF regime, including in response to requests from AUSTRAC.