Steven Rice




With expert knowledge across accounting and law, Steven specialises in financial services, financial markets, anti-money laundering, prudential, and general corporate regulation. 

His experience includes advising banks, fund managers and corporate advisers, both in Australia and overseas, in relation to financial services regulatory and compliance issues. This includes the categorisation and regulation of financial products, public offerings, and promotional materials, and assisting foreign financial services providers with their obligations under Australian laws. 

Steven is also known for advising on corporate compliance issues and on specialist areas such as the Banking Executive Accountability Regime and Financial Accountability Regime.

Steven is admitted as a legal practitioner in New South Wales and in Federal Courts in Australia, and is also a Chartered Accountant. Steven participates in ASIC regulatory engagement meetings, and presents regularly to professional forums about current financial services and markets and regulatory matters.

Key deals


Advised on the sale of the Citigroup wealth business to NAB.

CFS Group

Advised on APRA regulatory matters relating to the sale of 55% of CFS Group to KKR.

NAB Wealth

Advised on financial services regulatory issues on the sale of the NAB Wealth business to IOOF.

Westpac Life

Advised on financial services regulatory due diligence and other matters for the sale of Westpac Life to TAL Dai-ichi Life Australia.

Bloomberg Group

Advised on all aspects of Australian financial market licence and Australian financial services licence compliance.

Large Australian bank

Advised on Banking Executive Accountability Regime project including review of key internal policies.