Financial Services

Meridian Lawyers has corporate and regulatory expertise in in the financial services, capital, credit and investment sectors. A number of our senior lawyers have joined us from large national and international law firms, giving our clients access to a wealth of experience in a boutique legal practice.

Our team has an extensive network with all types of market participants in the financial services sector including a deep understanding of the policy objectives of relevant regulators including APRA, ASIC, ACCC and AUSTRAC.

Our team advises clients across a wide range of financial services businesses, listed companies and other market participants both onshore and offshore.

Financial services expertise

Our financial services expertise includes:

  • financial services and product development
  • regulatory risk and compliance
  • licensing, product disclosure and exemptions/class orders
  • financial sector mergers and acquisitions
  • insurance portfolio transfers
  • capital markets and ASX – equities, shares and derivatives
  • consumer credit, licensing and regulation
  • AML regulation
  • managed investment schemes and wholesale funds
  • foreign exchange and derivatives
  • global financial product distribution and cross border delivery
  • ASIC enforcement, investigation and Markets Disciplinary Tribunal
  • superannuation

Contact our financial services legal experts, Michael Bracken and Levina Chim, for help with any queries or for legal advice relating to the Australian financial services regime. For superannuation legal expertise, contact Consultant Catherine Osborne.

Financial services insights

  • Potential new powers for APRA to
    make non-ADI lender rules

    On 17 July 2017 Treasury released an Exposure Draft of the Treasury Laws Amendment (Non-ADI Lender Rules) Bill 2017 implementing the Commonwealth Government’s 2017–18 Budget proposal to introduce measures to respond flexibly to financial and housing market developments that pose a risk to financial stability. The Draft Bill’s scope recognises…

  • Impact of Federal Budget on the financial services sector

    Overview: The Commonwealth Government’s 2017–2018 Budget initiatives released on 9 May will target three principal regulatory components in the financial services sector over the short and longer term, in particular: reforms to dispute resolution capturing financial services, superannuation, trustee services, banking, finance and insurance expanding the powers of the Australian…

  • New client money reforms for OTC derivatives

    New reforms regulating the application of client monies in retail over-the-counter derivatives transactions will restrict the use of client funds for hedging purposes. The Treasury Laws Amendment (2016 Measures No.1) Bill contains the proposed retail client money reforms in the OTC derivatives sector. The House of Representatives passed the Bill…

  • Relief for crowd-sourced equity funding for start-ups

    Small businesses and start-ups seeking to raise funds through crowd-sourced funding (‘CSF’) from a large number of retail investors may be able to take advantage of exemptions from the licensing and disclosure burdens associated with the public fundraising regime under the Corporations Act. Under the Corporations Amendment (Crowd-sourced Funding) Act…

  • Proposed new product intervention power for ASIC

    In its recent Proposals Paper issued in December 2016, the Commonwealth Government is seeking consultation on proposals to introduce a new product intervention power for ASIC, alongside proposed regulatory reforms relating to new design and distribution obligations applying to financial products. The proposed product intervention power will provide a power…

  • Proposed new statutory accountability for ‘issuers’ and ‘distributors’ of financial products

    In its recent Proposals Paper issued in December 2016, the Commonwealth Government is seeking consultation on proposals to implement a number of financial product recommendations arising from the Financial Services Inquiry (FSI), which involve the potential introduction of new consumer protection measures that will regulate the design and distribution of…

  • Media release: Insurance and financial services law expert joins Meridian

    Meridian Lawyers has announced that leading financial services legal practitioner Michael Bracken will join the firm’s Sydney team on 9 February 2016. With a client base that is complementary to Meridian's, Michael advises insurers, brokers, health funds, health and medical service providers, medical defence organisations, medical indemnity insurers and reinsurers.…

  • Meridian Lawyers named in Best Lawyers

    Meridian Lawyers congratulates its Principals following their recognition as amongst the best in Australia in the 9th edition of Best Lawyers®. More than half the firm's Principals are listed in the 2017 edition, demonstrating the team's depth of experience and expertise across the areas of Insurance Law, Litigation, Commercial Law,…

  • Important development for Australian insurers and reinsurers domiciled in Singapore

    On 15 July 2016, the Monetary Authority of Singapore (MAS) published its third consultation paper on proposed revisions to the Risk-Based Capital (RBC) framework for insurers. The third consultation paper sets out the revised proposals, which take into account the feedback received from the second consultation paper on MAS's review…

What our clients say

  • “Thank you to all the Meridian team for your support... I’ve never experienced such superior service from any partner/supplier in my professional career.”

    Marissa Limberis, Marketing Manager, Blooms

  • “The level of reserving strength is unusual in the industry. I have only ever seen it once before in the professional risks section of a large insurer.”

    Clive Amery, founding director,
    AM Actuaries

  • “Meridian has a fantastic team of professionals. You did the impossible with a calm and thorough approach throughout. Thank you.”

    Cameron McCullagh, former Chief Operating Officer, Steadfast

  • “Meridian Lawyers always provides an outstanding level of service and quality of advice to both the Australian Veterinary Association and our members.”

    Graham Catt, Chief Executive Officer, Australian Veterinary Association

  • “You have been nothing but brilliant, supportive and positive in your professionalism… I have no words to describe how fantastic you have been. Thank you is not sufficient.”

    Claudine Sachwald, Physiotherapist

  • “Meridian are more than just lawyers to us – they are there when our customers need them the most, providing advice and reassurance. They are a vital piece of the puzzle in the analysis of our claims trends, they are well respected in our markets as experts in the field and most importantly they deliver results. It is a unique partnership that I have not seen replicated in the industry.”

    Allison Prince, Head of Claims, Guild Insurance

  • “Guild Insurance has a unique working relationship with Meridian Lawyers. We have always found their service to be cost conscious and they focus upon commercial resolutions taking into account overall cost considerations. They provide a wonderful service to our team.”

    Chris Harcourt, National Liability Claims, Guild Insurance

  • “The Meridian experience combines a depth of experience across a wide group of industries and Associations with integrity, robust advice, support and a tenacious defence of their clients’ legal entitlements.”

    Bill O’Reilly, client

  • “Thinking about the person from Meridian Lawyers who managed your claim, on a scale of 0-10 how satisfied were you: 10 out of 10 for Helpfulness, Knowledge, Courtesy, Professionalism, Clear Communication, Frequency of Communication.”

    Source: GIL customer survey January 2014

  • “Whilst I would never have chosen to be in the position I have found myself to be in, I consider myself fortunate to have come to know and deal with Kellie Dell’Oro. Her absolute professionalism, integrity, palpable expertise and compassion are sincerely appreciated. She has been able to alleviate much of the stress associated with an inherently stressful process and for that I am truly grateful.”

    Physiotherapist, Victoria

  • “I would not hesitate to recommend Meridian Lawyers. Their service has been both professional and personalised – I could not have hoped for better legal support than I have received. Should I need legal advice again, Meridian Lawyers would most definitely be my first choice.”

    Physiotherapist, Victoria

Contact

  • Sydney

    Level 6, 20 Bond Street
    Sydney NSW 2000
    T:
    +61 2 9018 9999
    F:
    +61 2 9018 9900
  • Melbourne

    Level 12, 357 Collins Street
    Melbourne VIC 3000
    T:
    +61 3 9810 6777
    F:
    +61 3 9810 6770
  • Newcastle

    Level 6, 45 Watt Street
    Newcastle NSW 2300
    T:
    +61 2 4047 2600
    F:
    +61 2 4047 2699
  • Brisbane

    Level 8, 60 Edward Street
    Brisbane QLD 4000
    T:
    +61 7 3220 9333
    F:
    +61 7 3220 9399