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Financial Services AU
Law360 ® Australia Financial Services covers the legal forces shaping Australia's financial sector - from regulatory enforcement and legislative reform to litigation and major transactions. Built for lawyers and legal professionals, it tracks the developments that matter across banks, insurers, superannuation funds, asset managers, and fintechs.
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Latest News in Financial Services AU
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July 09, 2026
Aussie Brokers Didn't Make Personalized Pitches: Insurer
An insurer has pushed back against a class of Aussie Home Loan customers' claims that it trained mortgage brokers to offer inappropriate personalized financial advice regarding its mortgage protection insurance, saying in Federal Court on Thursday that its training and selling system was clearly based around a generalized advice model.
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July 09, 2026
Ex-ANZ Trader Loses Bid To Unredact Privileged Bank Docs
A Federal Court judge has dismissed former ANZ banker Etienne Alexiou's bid to force the bank to produce unredacted documents in his employment dispute, finding ANZ had validly claimed legal advice privilege, in a judgment published on Thursday.
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July 09, 2026
Magellan Standstill Fueled Bolton's $4.3M Bonus, Court Told
Investor Nicholas Bolton's personal signing of a standstill agreement ending his activism against the Magellan Global Fund was of "critical importance" to the $17.8 million options deal and million-dollar bonus paid by Keybridge Capital, the Federal Court has heard.
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July 09, 2026
ASIC To Probe KPMG, EY, Deloitte, PwC Internal Complaints Handling
ASIC on Thursday announced they are examining how the big four consultancy and audit firms KPMG, Deloitte, EY and PwC handle internal complaints, including those made by whistleblowers, as part of a broader effort to crack down on audit misconduct after the whistleblower scandal at KPMG.
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July 08, 2026
Class Says Aussie Broker Framed Low-Value Insurance As Advice
An insurer who allegedly sold low-value, inappropriate mortgage protection insurance to Aussie Home Loan customers can't hide behind claims that it was only offering general advice, a class representative told a Federal Court judge in Melbourne on Wednesday.
Areas of Coverage
- LITIGATION
- Litigation involving financial companies or executives
- Federal Court and Supreme Court financial services cases
- Class actions and shareholder suits
- Financial reporting misconduct
- Superannuation trustee service failures
- Poor private credit practices
- AGENCIES
- Australian Securities and Investments Commission (ASIC)
- Australian Prudential Regulation Authority (APRA)
- Reserve Bank of Australia (RBA)
- Australian Competition and Consumer Commission (ACCC)
- Australian Transaction Reports and Analysis Centre (AUSTRAC)
- Financial Services Council (FSC)
- Australian Financial Complaints Authority (AFCA)
- POLICY & REGULATION
- Australian financial regulation, policy proposals, and legislative reform
- Financial legislation and amendments in the Australian Parliament
- Prudential and conduct regulatory standards and guidance
- International financial regulation with impact on Australian markets
- ENFORCEMENT
- Fraud investigations and regulatory actions
- Insider trading and market misconduct
- Money laundering and financial crime
- Breach of financial services license conditions
- Kickback, bribery, and corruption cases
- Auditor misconduct
- PROFILES
- Interviews with senior lawyers and regulatory officials
- Personnel moves
- Judicial and regulatory appointments
Readership
- Financial services lawyers and barristers at leading Australian law firms
- Corporate counsel and compliance officers at top Australian companies
- Executives and attorneys at banks, investment firms, superannuation funds, and other financial organizations
- International financial services attorneys with Australian market interests
- Information professionals at law firms, agencies, and companies
- Policymakers at Australian federal and state government agencies
- Judges and court staff
- Solicitor and law firm marketing professionals