Financial Services Regulation
Asia-Pacific Guide 2024 : Australia
Band 2
Email address
[email protected]Contact number
+61 2 9210 6500Chambers Review
Corrs Chambers Westgarth is renowned for its investment funds and superannuation capabilities, advising on regulatory matters arising from transactional work in this industry, as well as such issues as anti-money laundering and counter-terrorism finance obligations and remediation. The group is actively involved in the financial services industry through participation in peak industry associations and is active on behalf of foreign clients navigating the Australian regulatory landscape. Clients include PayPal, Apple and Google.
Work Highlights
- Corrs Chambers Westgarth represented Meta Platforms in civil penalty proceedings brought by ACCC and ASIC concerning its liability over adverts for cryptocurrency scams on Facebook and whether it has done enough to remove harmful investment scams from the platform.
Strengths
Provided by Chambers
"Corrs consistently provides pragmatic, actionable counsel, which is a pivotal strength of the practice. The team's pragmatic approach underscores the practice's deep comprehension of real-world challenges and emphasis on results-oriented guidance."
"The breadth and depth of experience and industry expertise across the team means that we turn to Corrs for their judgement on our most complex and novel regulatory matters, knowing that we’ll consistently receive high-quality advice that is commercial, pragmatic and risk-aware."
"Corrs consistently provides pragmatic, actionable counsel, which is a pivotal strength of the practice. The team's pragmatic approach underscores the practice's deep comprehension of real-world challenges and emphasis on results-oriented guidance."
"The breadth and depth of experience and industry expertise across the team means that we turn to Corrs for their judgement on our most complex and novel regulatory matters, knowing that we’ll consistently receive high-quality advice that is commercial, pragmatic and risk-aware."
Notable Practitioners
Michael Chaaya is well reputed for his work with superannuation funds and other financial services clients, whom he assists with a variety of regulatory matters, including transactions, establishment of operations and licensing.
"He is universally praised for his legal acumen, innovation, amazing client communication skills and, above all, his responsiveness and willingness to look after the interests of his clients with genuine care and attention."
Fadi Khoury is a frequent adviser to investment firms, among other financial services clients, with regard to a range of regulatory issues.
"Fadi has assisted us in navigating an ever-changing regulatory landscape and continually finds both practical and commercial solutions."