Financial services and insurance

 

Australia’s financial services industry is the largest contributor to the national economy, contributing around $140 billion to GDP over the past year.

Australia’s financial services industry is the largest contributor to the national economy, contributing around $140 billion to GDP over the past year. The recent Royal Commission into Financial Services has had a marked impact on this broad industry from reputational risk to increased trading pressure and regulatory burden. Changes to this sector will affect everyone from homeowners to small business owners and large corporations.

Hall & Wilcox has partnered with, and provides legal services to, clients in the Financial Services and Insurance Industries for more than 100 years. We have developed significant practices located across Australia focused on:

Our Financial Services and Insurance Industry Group brings together experts from across these industries, with our legal services being provided by multiple practice areas at any one time. Through this broad perspective and our own focus on service excellence, culture and collaboration, we are well placed to assist clients through the complex regulatory landscape that the industry now faces.

We are a trusted adviser, known for blending technical excellence with commercial advice and sound judgment that consistently meets with community expectations. We can work with you to ensure that your products are well received in a tighter and ever-changing regulatory market. It is our legal advice that is helping shape how decisions are being made.

Key Contact

Matthew Curll

Partner

Head of Financial services and insurance

Matthew Curll is one of the top ‘go-to’ people for Australian insurance law matters – both coverage and defence....

Our Team

Eugene Chen

Partner & Head of China Practice

Related Thinking

Thinking| 03 Apr 2020

Financial Services in Focus – Issue 37

Financial Services in Focus is a fortnightly round-up of legal and regulatory developments in the financial services sector in Australia. Read more here.

COVID-19: impact on insurance policies

Thinking| 20 Mar 2020

COVID-19: impact on insurance policies

Australia’s financial services industry is the largest contributor to the national economy, contributing around $140 billion to GDP over the past year. Australia’s financial services industry is the largest contributor to the national economy, contributing around $140 billion to GDP over the past year. The recent Royal Commission into Financial Services has had a marked impact on this broad industry from reputational […]

Financial Services in Focus – Issue 36

Thinking| 11 Mar 2020

Financial Services in Focus – Issue 36

Financial Services in Focus is a fortnightly round-up of legal and regulatory developments in the financial services sector in Australia. Read more here.

Thinking| 17 Feb 2020

Financial Accountability Regime (FAR): What you need to know

The Hayne Royal Commission made a number of recommendations in relation to extending the scope of the Banking Executive Accountability Regime (BEAR) to other financial services entities. Broadly, the proposed Financial Accountability Regime (FAR) sets out conduct standards and financial consequences for “accountable persons” in the event of failure of accountability and responsibility. FAR entities will be required to apply to APRA or ASIC to register a person as an accountable person.