Regulatory Change and Compliance

Minter Ellison’s team has a deep understanding of the regulatory environment for the insurance industry and is actively involved in industry working groups. We manage regulatory issues for domestic and foreign insurers, including obtaining APRA authorisation, seeking a financial service licence and obtaining Australian foreign investment approval.

Our financial services team includes dedicated specialists in the regulation of the industry. Our expertise stems from dealing with complex issues across the sector for major insurance companies, specialist line insurers, reinsurers, brokers and underwriting agents.

We specialise in transactions affecting the ownership and control of insurance companies and distribution channels and their holding companies, with particular expertise in portfolio transfers under Division 3A of the Insurance Act and Part 9 of the Life Insurance Act as well as renewal transfer schemes.

Minter Ellison has a strong focus on our clients’ regulatory compliance and change management issues. We are unique in our delivery of practical tools to help our clients manage their regulatory burdens through the development of licensing toolkits, the widely used Disclosure Toolkits and our specialised publications such as Integrated FSR.

Our team maintains a close connection with regulatory developments affecting the industry and is recognised as a leading contributor on many areas of reform through active participation in industry working groups, making submissions on key areas of concern to the Government and regular dealings with APRA, ASIC, Treasury, FIRB and other regulators.