Financial Services

Our experienced corporate and regulatory team has particular expertise in the financial services, capital, credit and investment sectors.

We provide legal advice across all aspects of the business of financial services including wholesale and retail financial services, both domestically and by foreign providers, and we understand local and global implications. We cover a range of product sectors and markets including insurance, payments, foreign exchange, derivatives, managed investments, superannuation, non-cash payment facilities, securities, deposit products and credit facilities.

Our Financial Services team assists clients across a range of practice areas including transactions, product development and innovation, distribution in Australia and globally, regulatory guidance, licensing and product disclosure, governance, workplace relations, risk compliance and prudential regulation.

We have an extensive network with all types of market participants in the financial services sector and an in-depth understanding of the policy objectives of relevant regulators including APRA, ASIC, ASX, ACCC and AUSTRAC. Our team consistently monitors regulatory reform and we are well positioned to assist our clients in regulatory investigations.

Our clients encompass a wide range of financial services businesses, listed companies and other market participants both onshore and offshore including start up-ventures in the financial services industry and established financial services operators.

Insights

Modern slavery: New guide released for the financial services sector

AFCA Decisions: Online insurance purchases, non-disclosures at inception of policy

ASIC’s regulatory approach to enforcement post-Hayne

Six axioms emerging from the Hayne report

A Game Changer for Mutuals – New Law Expands Capacity to Raise Capital

Financial Services Royal Commission – The Interim Report – Emerging Regulatory Themes

How Australian Financial Complaints Authority (AFCA) may impact your business

Unfair Contract Protections Capture Standard Contract Loans to Small Businesses

Are Financial Service Providers prepared for the mandatory data breach notification regime?

Insurance Broker Remuneration – 5 Legal Considerations  

Misleading Advertising in Financial Services

Release of Insurance in Superannuation Voluntary Code of Practice

PI Cover for AFS Licensees – Check your cover as not all PI policies have the same cover

Standard Contract Terms and Conditions for Derivatives Trading and Broker Rights

New Legislation Introduces Ban on Excessive Payment Surcharges

Expanded Protection for Whistleblowers in Corporate, Financial and Credit Sectors including Tax Misconduct

Wright and Wrong

Crowd-sourced funding for start-ups and SMEs – offering shares to retail investors

Proposed new Insurance Code of Practice for Superannuation Trustees

Court’s disdain for disability claim

AWB: the next instalment…

Queensland to remove 5% permanent impairment threshold for workers seeking damages

ACCC given greater powers to enforce new Franchising Code of Conduct

Keeping your website up-to-date and accurate

Taking the ‘literal’ or ‘intended’ meaning: High Court reserves judgment