banking and financial markets regulation

Banking & Financial Markets Regulation - Australia

Second-to-none legal advice on financial markets regulation

Regulation – and helping our clients navigate it – is in our DNA. We not only help you overcome regulatory change; we help build the financial infrastructure within which the market operates.

We advise our clients on global prudential and regulatory capital standards, help them overcome credit and privacy reform, develop innovative payment products and platforms and tackle regulatory investigations. We also helped to establish Australia’s over-the-counter (OTC) derivative clearing-house.

Shaping regulation

As our client, you work with a law firm at the forefront of Australian and international developments in financial markets regulation. We have informed the change process and worked closely with clients, government, regulators and industry bodies to shape regulation that supports a highly competitive and robust market.

We also have the experience, knowledge and substance it takes to back our position on critical issues. And the financial services regulation capability of our global network allows us to undertake comparative law analysis and navigate the complex global landscape.

The legal advice we offer on financial markets regulation includes:

  • Anti-money laundering, counter-terrorism financing and sanctions
  • Basel III, regulatory capital and prudential standards
  • Competition
  • Compliance
  • Credit and Privacy
  • Derivatives reform
  • Financial product advice
  • Licensing
  • Life insurance
  • Payment platforms and products
  • Regulatory investigations
  • Tax and Superannuation.

Our experience includes advising each of the major banks in Australia, the Reserve Bank of Australia (RBA), government investment funds and major buy-side institutions on their response to the global derivative law reforms. We have also helped all the major Australian banks and other financial companies develop products that meet the Australian Prudential Regulation Authority’s (APRA) Basel III Prudential Standards.

The depth of our expertise and experience in Financial Services Regulation enabled King & Wood Mallesons to be an active participant in the current Australian Financial System Inquiry. This included submissions to the FSI Panel at both stages of the Inquiry. Our most recent submission responding to the Interim Report focused on the following legal, governance and policy matters:

  • RMB internationalisation
  • Superannuation and retirement products
  • Stability: resolution powers and bail-in
  • Consumer outcomes
  • Retail bond market, equity and convertible markets and disclosure
  • Electronic documentation
  • Harmonisation of securities laws. 

We have also prepared a thorough analysis of the Murray Report released in December 2014. You can read about the recommendations that we think are ones to watch here.

We have a full team specialising in this area.

Regulator

Australia's financial institutions are experiencing more regulatory pressure than ever before. Remain at the forefront of key regulatory issues as we guide and shape the future of financial services.

regulator
Discover our latest insights into legal issues affecting your business

The BEAR seeks to strengthen the responsibility and accountability framework of authorised deposit-taking institutions and gives new powers to APRA to investigate potential breaches.

15 November 2017

Chinese Government announces it will ease/remove restrictions on foreign ownership of securities and futures firms, fund managers, commercial banks, financial asset managers, life insurers...

14 November 2017

The Australian Government has supported all of the Hammond Review's recommendations, potentially enabling thee mutuals sector should find the process of raising capital simpler.

13 November 2017

The Commonwealth government has released draft legislation containing important reforms to Australia’s private sector whistleblower laws.

25 October 2017