As technology becomes all pervading in financial services, we have witnessed a rise in the need for “fintech” experts. The challenge for businesses seeking legal support in this area is to find experts familiar with the evolving technologies and trends, while at the same time ensuring the management of regulatory risk is not compromised.
HWL Ebsworth has Australia’s largest team of senior financial services specialists dedicated to providing legal advice on bank products and payment systems.
Our team’s broad perspective of products and financial services regulation is derived from our role as advisers to Australia’s largest banks, the world’s largest e-commerce companies, global card and payment platforms and the largest finance companies. We have assisted innovative start-ups to overcome regulatory challenges and rapidly compete with established institutions, and we have guided substantial and established institutions to enter the financial services market. Our team has assisted clients to achieve significant industry “firsts” including the first end-to-end paperless regulated loan contract, the first retail “peer-to-peer” lending business, the first mobile wallets, the first prepaid mobile wallet, the first multi-currency prepaid facility for airline rewards members, and the first Australian securitisation of wholesale automotive finance receivables.
In the context of a sector which is well serviced by experienced and specialised in-house legal teams, HWL Ebsworth has the unique ability to add value through the unequalled depth and experience of its senior advisers. This depth is also recognised by other major law firms who seek to complement their own capabilities by partnering with the HWL Ebsworth financial services team.
HWL Ebsworth has been recognised as the “Law Firm of the Year” for expertise in the practice area of Regulatory Practice for 2017, 2018 and 2020 by Best Lawyers®.