Craig Hine
Clayton Utz
Partner
Sydney
Craig provides excellent and comprehensive advice within a reasonable budget
– Major Australian Bank
Overview
Craig is an accomplished retail financial services lawyer with specialist expertise in consumer credit, banking, insurance, payments and other financial products. He regularly advises on a broad range of issues including regulatory compliance breaches, investigations and remediations, licensing, distribution, privacy and AML/CTF.
Notable Work
- Acted for major Australian banks, insurers, non-bank lenders, product distributors and other licensees in regulatory investigations, enforcement actions or other engagement with ASIC, APRA, AUSTRAC, OAIC and other regulators, including for a major Australian bank in relation to ASIC investigations for credit cards, interest only home loans and auto finance.
- Acted for a major Australian bank, international bank, non-bank lenders and others in relation to significant regulatory change and uplift programs, including in relation to product design and distribution, responsible lending, anti-hawking and unfair contract terms.
- Acted for a leading global technology company and various payment service providers to advise on payment system regulation, distribution arrangements and financial services licensing and regulation.
- Acted on regulatory and risk allocation aspects of corporate transactions for various Australian banks, insurers, financial services intermediaries and others.
- Acted for multiple reporting entities in relation to AUSTRAC investigations or enforcement actions or to advise on or assist with the development of AML/CTF programs and AUSTRAC engagement.
- Acted for a major Australian bank responding to the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
- Acted for insurers, banks, non-bank lenders, BNPL product issuers and AFSL/ACL holders in developing and launching new products, establishing and advising on product distribution arrangements and licensing or regulatory relief applications.
- Acted for major and other Australian banks, non-bank lenders and insurers to advise on a broad range of regulatory compliance matters arising under the National Consumer Credit Protection Act and Chapter 7 of the Corporations Act, including conducting deep-dive system and process compliance reviews.
- Acted for major Australian bank and insurers to advise on prudential regulatory matters and in relation to APRA engagement.
- Acted for Australian and international insurers and reinsurers in relation to various reinsurance and retrocession transactions.
Insights
ASIC's latest enforcement action against FIIG Securities for cybersecurity failures a warning to AFSL holders
18 Mar 2025 | Article
Read Insights
AML/CTF and Buy Now Pay Later reforms pass overnight: What you need to know
29 Nov 2024 | Article
Read Insights
Buy Now Pay Later Bill confirms key tasks for the sector to work on before it becomes law
7 Jun 2024 | Article
Read Insights
Buy Now, Pay Later to be regulated in Australia – plan now for the upcoming changes
23 May 2023 | Article
Read Insights
Attorney-General releases report following two-year review of the Privacy Act
16 Feb 2023 | Article
Read Insights
ASIC commences civil penalty proceedings for alleged DDO breaches for the first time
12 Dec 2022 | Article
Read Insights
Media Release: Clayton Utz announces 1 January 2023 partner promotions
9 Dec 2022 | Media Release
Read Insights
Important changes to the Privacy Act, including significantly increased penalties – so start getting ready now
31 Oct 2022 | Article
Read Insights
ASIC won’t “name and shame” in new breach reporting regime (for now) and pursues more industry consultation and guidance
18 Aug 2022 | Article
Read Insights
ASIC updates the ePayments Code: and further changes are on the horizon
24 Jun 2022 | Article
Read Insights
Managing cybersecurity risk – precedent ASIC enforcement action provides key learnings
26 May 2022 | Article
Read Insights
ASIC's new regulatory guidance on breach reporting for AFS and credit licensees commences 1 October
10 Sep 2021 | Article
Read Insights
Media Release: Clayton Utz advises Tattarang on its purchase of R.M. Williams
19 Oct 2020 | Media Release
Read Insights
ASIC proceeding against AFS licensee for cyber and data security breaches may impact all licensees
24 Aug 2020 | Article
Read Insights
Find other people to support you
Find People