Managing risk and complying with regulation is becoming increasingly complex. Legal requirements can make up a big part of that – but the whole solution involves so much more.
Our services include:
Helping to manage risk governance framework (financial, non-financial risk)
Reviewing risk culture and conduct
Embedding the Three Lines of Defence model
Providing enterprise wide risk management frameworks
Undertaking risk assessment and risk reviews (operational risk, enterprise risk, regulatory risk, credit, compliance, etc.)
Advising on risk behaviours, remuneration (risk behaviours, risk gate and risk KPI), accountability and consequence management (framework design, review and implementation)
The financial services industry is one of the most highly regulated industries in Australia and globally, with significant compliance and regulatory requirements imposed on the industry. The industry is undergoing the greatest period of scrutiny and change with increasing debate about industry structure, reputation, standards of governance, management of risk and compliance, customer care, conduct and culture.
Our multi-disciplinary financial services team advises all major Australian banks and financial institutions, foreign banks and credit unions, to navigate critical industry and regulatory changes, inquiries, reviews and the laws affecting them. Our legal and risk specialists have a deep understanding of complex issues and heightened regulatory focus for clients in this sector, and are advising clients on managing the risks and addressing the regulatory obligations arising across the sector. We have been acting for a number of financial institutions in the Financial Services Royal Commission.
We can help you plan and implement actions to address:
The issues that boards and executive management face require a diverse, complementary and multi-disciplinary skill set to address. We can help you resolve complex risk and regulatory challenges with our team of highly skilled and experienced professionals, by balancing technically sound solutions with practical, commercial solutions. Our range of legal and non-legal expertise results in holistic solutions that cover every aspect of your governance, risk, regulatory and compliance needs.
Our risk and regulatory consulting team comprises senior legal practitioners, risk advisors, senior auditors and bankers, and augments our traditional legal practice. We offer clients a unique combination of legal and risk advisory expertise.
Our team specialises in unlocking opportunities and leading the delivery of engagements with governance, legal and risk representation at major corporates.