Financial Services Regulation

Allens' Financial Services Regulation (FSR) practice have a full service practice covering all needs for clients including ACL/AFSL licensing, product design and distribution, compliance with the National Consumer Credit Protection Act, ISDA agreements and compliance. The team brings together experts from a range of practices within the firm - banking, regulatory investigations and dispute resolution, technology, competition, tax, funds management, insurance and superannuation. Allens have a strong understanding of the regulatory environment that financial services institutions operate and this is reinforced by industry involvement. Allens is a member and active participant of the Australian Banking Association, Australian Finance Industry Association and the Financial Services Council. The team has developed close relationships with policy directors of these associations and contributes to industry submissions on regulatory reform. Allens liaise with financial service regulators on compliance issues on behalf of clients, as well as advise on governance and board-level issues that take account of the FSR landscape. The FSR team understand the way that the regulators operate and work with clients to navigate the complex regulatory landscape. The Allens team works closely with the market-leading Linklaters financial services regulatory practice, this connection enables Allens to assist clients with the cross-border application of risk management and compliance approaches.