Consumer Financial Services
Overview
Our consumer financial services group has extensive experience acting for a wide range of clients regarding compliance with consumer credit and other laws regulating the provision of financial services, and the development and documentation of retail banking products.
We act for banks, large non-bank financial institutions and corporates in relation to:
Our consumer financial services group has extensive experience acting for a wide range of clients regarding compliance with consumer credit and other laws regulating the provision of financial services, and the development and documentation of retail banking products.
We act for banks, large non-bank financial institutions and corporates in relation to:
- the development and documentation of retail finance and deposit products
- Consumer Credit Code and related issues involving documentation, compliance and litigation
- Chapter 7 of the Corporations Act and related issues
- advice in relation to electronic and other payment systems
- privacy issues
- co-branding agreements
- loyalty programs
- agreements for the collection and sale of receivables on retail finance related transactions
- advertising, marketing and sale of regulated financial products (including via third party intermediaries such as finance and mortgage brokers)
- advising and drafting documents on merchant services arrangements and other payment systems (eg Paper Clearing system) for financial institutions and corporate clients
- other regulatory issues, including financial services regulation, EFT Code, Financial Transactions Reports Act, Banking Act, Australian Securities and Investments Commission Act, Privacy Act, anti-money laundering legislation and industry codes of conduct.