Chelsea is a Senior Associate with experience in the financial services regulatory space. She specialises in financial services, regulatory compliance, privacy law, anti-money laundering and counter-terrorism financing law and sanctions.
Chelsea regularly provides regulatory compliance advice in relation to the Corporations Act, NCCP Act, Banking Act, ASIC Act, Privacy Act, AML/CTF Act and Autonomous Sanctions Act and also advises on requirements for bodies such as ASIC, APRA, AUSTRAC, OAIC, DFAT and AFCA.
Her recent matter highlights include:
- ANZ Bank: Advising ANZ in relation to two use cases for the RBA Central Bank Digital Currency Pilot in relation to the wholesale distribution of pilot CBDC and the tokenisation of Australian carbon credit units.
- Australian Banking Association: Assisting the ABA with its response to the Callaghan Independent Review and drafting the 2025 Banking Code of Practice.
- 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.
- Large Australian bank: Advising on the redevelopment of the bank’s AML/CTF Program, including assisting with the response to an AUSTRAC remediation.
- Major Bank: Assisting with the digitisation of the bank’s trade division, including standardising product terms and advising on electronic execution requirements.
- Various major Australian and global banks and major investment bank: Unfair contract terms review of standard documentation relating to retail and wholesale products.
- International insurance company: Advising on Australian sanctions requirements for insurance policies, including assisting with various sanctions permits to the Australian sanctions office.
