Financial Services

Financial services lawyers helping clients navigate regulation and growth

In times of crisis and in times of prosperity, our ability to create a clear path through this dynamic and complex sector will enable you to focus on running your business and minimising regulatory surprises.  In a highly regulated and competitive environment, overlayed with technology, innovation and increased pressure on costs, the financial services sector is in a constant state of flux.

Our multi-disciplinary Financial Services team combines deep sector knowledge with commercial insight, providing practical, outcome-focused advice.  Tactically astute where necessary and strategic by nature, our goal is always the success of our clients.

A full service financial services law firm

Mallesons advises clients on a broad range of legal matters across all practice areas, with a national team located in offices across Sydney, Melbourne, Brisbane, Perth and Canberra. 

Our financial services lawyers play a pivotal role in shaping the Australian financial services sector, working on the most complex and significant matters.  Recently, we have:

  • advised Royal Automobile Association of South Australia on the divestment of its insurance business to Allianz Australia Insurance Limited.
  • acted for Insignia Financial in its acquisition by US-based CC Capital.
  • represented Highland Park XII, an affiliate of Oaktree Capital Management in providing a US$150 million amendment and refinancing of an asset-based lending facility for Coronado Group.
  • advised Commonwealth Bank of Australia on the sale of its remaining approximately 5% shareholding in Bank of Hangzhou Co., Ltd for RMB¥4.3 billion.
  • assisted the Australian Banking Association in its development of a new version of its code of practice, which sets a new standard of customer service for Australia’s banks.
  • supported Greater Bank Limited on its merger with Newcastle Permanent Building Society Limited, renamed Newcastle Greater Mutual Group Ltd.
  • advised QSuper in its landmark merger with Sunsuper, creating Australian Retirement Trust with over $200 billion in assets
  • collaborated with the International Swaps and Derivatives Association to publish a new whitepaper that sets out the practical steps for developing smart derivative contracts.
Our Expertise in Financial Services
Explore All Expertise
Industry Recognition
  • Band 1, Financial Services Regulation
    Chambers and Partners Asia-Pacific 2025
  • Band 1, Banking & Finance: Corporate Finance
    Chambers and Partners Asia-Pacific 2025
  • Band 1, Insurance: Policyholder
    Chambers and Partners Asia-Pacific 2025
  • Band 1, Investment Funds
    Chambers and Partners Asia-Pacific 2025
Testimonials
  • The firm demonstrates expertise, analysis and an understanding of the market and key players.
    Chambers and Partners Asia-Pacific 2025
  • It has deep technical knowledge and is client-focussed and responsive.
    Chambers and Partners Asia-Pacific 2025
Financial Services: Innovation, resilience and responsibility

Explore our latest thinking on Financial Services. 

Latest Thinking

Insight

Deadline Day: ASIC’s digital assets no-action ends next week

The deadline for ASIC’s extended sector-wide no-action position for digital asset firms providing financial services is next week.

24 September 2026

Insight

Click here to lose your rights? Full Federal Court confirms arbitration clause in consumer trading platform contract was unfair

This is a significant decision for businesses that include arbitration clauses in their standard form consumer contracts, particularly in the financial services sector.

18 September 2026

Insight

Modernising death benefit nominations – the untapped potential of trustee consent

Death benefit distribution has long presented superannuation trustees with a dilemma. SIS binding death benefit nominations[1] (SIS BDBNs) are hard to make, prone to lapsing without being confirmed or remade and there can be unfairness with the death benefit distribution when the member’s personal circumstance change before their death. The death benefit distribution being at the discretion of the trustee can take longer and be more costly to administer.

16 September 2026

Latest News

Deals

Mallesons advises Birdwood on 1.86 GWh Baranduda Electrical Energy Reserve

Mallesons has advised Birdwood on the Baranduda Electrical Energy Reserve, a technically advanced large-scale battery energy storage system (BESS) connected via four independent grid connections and located in north-east Victoria. We assisted Birdwood on the transaction structuring, revenue contracting, project financing and tax aspects of the project.

18 September 2026

Deals

Mallesons advises on A$4.95 billion debt financing for acquisition of Qube

Mallesons has advised the mandated lead arrangers, underwriters and bookrunners, lenders and hedge providers on the A$4.95 billion debt financing to support the investment in Qube Holdings Limited by a consortium led by Macquarie Asset Management (MAM).

07 September 2026

Deals

Mallesons advises Steadfast Group on A$7.7 billion acquisition by Dragoneer, KKR and Amwins

Mallesons has advised Steadfast Group Limited (ASX: SDF) on its A$7.7 billion acquisition by a consortium comprising Dragoneer Investment Group, LLC (Dragoneer), Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, KKR) and Amwins Group, Inc. (Amwins), to be implemented by way of a scheme of arrangement.

27 August 2026

Our Experts in Financial Services

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Contact our our trusted financial services lawyers in Sydney, Melbourne, and throughout Australia.