The operational environment is changing rapidly for financial institutions and the regulatory burden is growing. Increasing public and regulatory scrutiny advances in fintech and e-technology, together with global competition and a tight fiscal environment mean that businesses pressures and risks abound.
We see first hand the impact of government intervention and regulatory reviews on financial services businesses and advise on some of the most complex class-actions the market has seen. We have a long history of standing side-by-side with insured clients when their businesses are subject to ASIC, FMA, Ombudsman and other investigations.
Whether a physical disaster, data or privacy breach, professional indemnity or reputational matter, our Financial Lines specialists have a deep knowledge of the sector and the issues that it is facing.