If money makes the world go round, what makes money go round?
It's the banks and financial institutions, that's who. They underpin a sophisticated economy. And underpinning them is a complex regulatory system, including anti-money laundering, the Corporations Act, the ASIC Act, National Consumer Credit Protection Act, and privacy and data breach laws.
But if you really understand that regulatory system (and we do – we even advise Australia's central bank, The Reserve Bank of Australia) then you have a robust foundation to explore and innovate.
It's what's helped our clients with pioneering securitisations, novel legal structures for their domestic and cross-border investment funds, and other new financial products and fintech.
And it helps when our banking and financial clients need expertise beyond their core business, such as tax-efficient products and transactions, mergers, employee relations, litigation or regulatory inquiries.