Shannon is a Senior Associate specialising in financial regulatory matters and financial crime, with a keen focus on financial technology and digital assets. She advises on a broad range of regulatory matters including financial services, payments, credit, anti-money laundering and counter-terrorism financing, sanctions, privacy, consumer protections and general contract law. Shannon particularly focuses on licensing requirements and has helped several clients obtain the necessary licenses to operate in Australia.
Shannon's matter highlights include:
- Various Digital Currency Exchanges: providing regulatory advice on licensing matters, including compliance with the Australian AML/CTF and financial services regimes. This also includes advising on the licensing and financial services regime for Virtual Asset Service Providers in Hong Kong.
- World Bank APAC Digital Economy Projects: advising on digital economy development in the region, including enabling frameworks for trusted digital identity, payments and financial services.
- Australia Post: advising on the end-to-end launch of Australia Post’s “DigiStamp”, a first of its kind in the market.
- Major Bank: assisting with all regulatory aspects of the migration and transfer of customers from an acquired bank into the bank’s main and digital bank offerings.
- Financial Institutions: advising on financial regulatory matters relating to financial products, services and digital assets, including customer facing documentation and governance frameworks.
- Several Major Banks: assisting with a number of major document rewrite projects for large banks, including reviewing and redrafting document suites, undertaking unfair contract terms reviews, and improving overall document quality and consistency.
- Various Credit Providers: advising on the consumer credit regime, including licensing applications and ongoing compliance obligations such as responsible lending, hardship and disclosure requirements.
