Financial Services

Corrs’ Financial Services group advises banks, financial institutions, investment banks, insurers, investment and superannuation fund managers, financial advisers, trustees, administrators, custodians and other participants in the banking, finance, securities, superannuation and insurance industry sectors on all regulatory aspects of their involvement in retail and corporate banking and insurance markets and wholesale capital markets.

The group comprises a team of specialists from a wide range of dedicated practice groups which advises clients on the impact of regulation on conduct, behaviour, products and markets in the banking, finance, securities, superannuation and insurance industry sectors (including the impact on lending, the development and issue of financial products and trade in capital markets). In particular, the group focuses on the impact of international and Australian banking and insurance prudential capital, licensing and disclosure regulation on:

• the issue of retail and wholesale financial products and services by banks, financial institutions, insurers, investment and superannuation fund managers;
• the participation of banks, financial institutions, insurers, superannuation funds and investment banks in wholesale capital markets, including the development, issue and trade of securities, equities and derivatives;
• the creation of new markets for retail and wholesale financial products and the adoption of new methods and systems for trading within those markets;
• the management and outsourcing of back-office clearing and settlement functions by banks, financial institutions, investment banks and market operators.
• the ongoing lending and insurance businesses of banks, financial institutions and insurers.