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| 19 Dec 2019

Financial Services in Focus – Issue 34

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| 21 Oct 2019

Disclosure as being ‘necessary but not sufficient’: ASIC ‘calls time’ on the usefulness of financial products and services disclosure

Recently ASIC and the Dutch Authority for the Financial Markets (AFM) released a joint report examining the effectiveness of disclosure in driving good consumer outcomes in financial services and products. In releasing the report, ASIC says that it is time to ‘”call time” on disclosure as the default consumer protection’.

Thinking| 16 Oct 2019

Financial Services in Focus – Issue 31

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| 24 Sep 2019

ASIC Enforcement Review Taskforce: Draft legislation regarding enhanced ASIC licensing powers and banning powers

In this article, we outline briefly proposed amendments to ASIC’s powers regarding financial services licensing and banning orders under the Corporations Act 2001 (Cth) and the National Consumer Credit Protection Act 2009 (Cth) arising out of the Government’s implementation of recommendations made by the ASIC Enforcement Review Taskforce Report...