Ananya Roy
Clayton Utz
Ananya is an experienced litigator who advises corporate clients on complex disputes, litigation and regulatory investigations. She is recognised for her experience with managing contentious ASIC investigations – particularly financial services institutions – and also assisting clients navigate white collar crime investigations involving allegations of fraud, bribery and corruption. Ananya focuses on delivering commercial, pragmatic and timely advice, and wherever possible, achieving efficient and strategic outcomes without the need for protracted litigation.
ASIC investigations – financial services: Ananya has acted for many financial services clients in ASIC investigations, including during secondments to in-house roles at Westpac. Her experience includes acting for ANZ in ASIC's fees for no service investigation that resulted in an enforceable undertaking, Westpac in ASIC's civil penalty proceedings relating to financial hardship obligations under the National Consumer Credit Protection Act, and various advice licensees and superannuation trustees being investigated for misconduct by financial advisers.
ASIC investigations – directors' duties and continuous disclosure: Ananya has also acted for companies, senior executives and directors in ASIC investigations into potential breaches of directors' duties and continuous disclosure obligations, and has represented individuals at compulsory or s 19 examinations.
Financial services regulatory advice: Drawing on her ASIC enforcement experience, Ananya regularly advises on financial services regulatory issues, including reportable situation obligations, the design and distribution regime, and ASIC product intervention orders for CFD providers.
White collar crime – bribery & corruption: Ananya is assisting a global mining company in investigations into alleged bribery and corruption being undertaken by the Australian Federal Police (AFP), the Serious Fraud Office (SFO) and the U.S. Securities & Exchange Commission (SEC). She has also advised clients in connection with NSW ICAC investigations.
White collar crime – fraud: Ananya has acted for companies, including Goodman Fielder and Rentokil, in matters involving large-scale employee fraud and misappropriation of funds, successfully obtaining freezing orders and securing judgments.
Royal commissions: Ananya acted for NASDAQ listed casino operator Melco Resorts in the NSW Inquiry under the Casino Control Act with Royal Commission powers, and was also part of the core legal team that assisted CBA during the 2018 Financial Services Royal Commission.
Class actions: Ananya acted for a subsidiary of Perpetual in defending the Banksia class action and related proceedings seeking damages of over $200 million following the financial collapse of Banksia Securities. She also acted for Standard & Poors in several class actions that resulted in commercial settlements.
Proceedings to give effect to the Hague Evidence Convention: Ananya has experience with advising in connection with Australian proceedings commenced to give effect to foreign Court orders for document production or evidence by way of deposition.
Professional negligence: Ananya has advised professional services firms on negligence claims (both in a plaintiff and defendant capacity), including defending a big four accounting firm in claims arising from audit and accounting services.
Shareholder disputes: Ananya also has experience acting in shareholder and corporate control disputes, including bringing and defending oppression proceedings.