Credit Law Conference
Issues covered include: credit and finance law, responsible lending, banking, financial regulation and trends
Description
After a period of major disruption, get across all the essential legal developments in the world of credit and finance. With more scrutiny on the credit and banking industries than ever, you can’t afford to miss this event. Hear from a plethora of distinguished experts and regulators as they share their insights & predictions for the year ahead.
Attend and earn 7 CPD units including:
1 unit in Ethics
6 units in Substantive Law
Session 1
Industry and Regulatory Updates
Chair: Andrea Beatty, Partner, Piper Alderman; Best Lawyers 2019, Financial Institutions and Regulatory Practice
9.00am to 9.05am Opening Comments by the Chair
9.05am to 9.35am: AFCA: Insights and Strategic Priorities
- Australian Financial Complaints Authority activity to date
- Progress of AFCA’s fairness project
- Our experience dealing with legacy complaints (AFCA’s expanded jurisdiction to deal with complaints that relate to conduct dating back to 2008)
- Other strategic priorities
Presented by Evelyn Halls, Lead Ombudsman, Banking & Finance at Australian Financial Complaints Authority
9.35am to 10.05am: ASIC: Focus and Priorities for Consumer Credit
- Major projects and sector reviews
- RG209 consultation and public hearings
- Enforcement update
Presented by Kevin Foo, Senior Manager, Credit, Retail Banking and Payments, Financial Services Group, ASIC
10.05am to 10.50am: Cryptocurrency & Blockchain: Major Changes
- An update in the blockchain space around credit
- Facebook’s Libra cryptocurrency: what it is and what it is not
- An overview of known projects in Australia and overseas
- Pending regulatory matters impacting blockchain and credit
Presented by Michael Bacina, Partner, Piper Alderman
10.50am to 11.05am Morning Tea
11.05am to 11.30am: Australian Banking Association: Update and Insights
Update and analysis of the key issues affecting the banking sector for the year ahead.
Presented by Justin Mining, Director, Policy, Australian Banking Association
11.30am to 12.00pm: Ethics and their Role in Providing Legal Services
- Community expectations as the new benchmark for legal compliance
- The impact of the regulation of conduct on culture
- How board behaviour will need to change
Presented by Pauline Vamos, Director, The Banking and Finance Oath; immediate past CEO, The Association of Superannuation Funds Australia
12.00pm to 12.45pm: Conflicts of Interest: Identifying, Managing and Litigating Conflicts
- Principles surrounding conflicts of interest in credit scenarios
- Expectations on the management of conflicts
- Recent cases and apparent regulatory approach
- Role of the best interests duty including best interests on mortgage broking
Presented by Richard Harris, Partner, Head of Disputes + Investigations, Gilbert + Tobin; Recommended Commercial Litigation & Dispute Resolution Lawyer, Doyle’s Guide 2019
12.45pm to 1.15pm: Insights from the Small Business and Family Enterprise Ombudsman
- What we’re seeing in the banking and finance industry
- Small business disputes
- Emerging issues
Presented by Ben Holland, Assistant Director, Australian Small Business and Family Enterprise Ombudsman
1.15pm to 2.00pm Networking Lunch
Session 2
The Future Direction of Credit Law
2.00pm to 2.45pm: Information Security & APRA’s New Mandatory Regulation, CPS 234
The introduction of APRA’s CPS 234 on Information Security, which came into effect on 1 July 2019, marks an important milestone in protection of systems and data in financial services. In this session you will discover what lawyers and compliance professionals need to know about CPS 234, including;
- Scope and application to systems and data
- Breach reporting obligations
- Overlap with other regulatory obligations
Presented by Olga Ganopolsky, General Counsel, Privacy and Data, Macquarie Group Limited
2.45pm to 3.30pm: Open Banking
- What Open Banking is and where it has come from
- Who does it impact, who can participate and where is the implementation up to?
- The legal framework which applies and the interaction with the Privacy Act
- What data will be available and how will Open Banking affect other sectors of the economy?
Presented Joshua Annese, Partner, Piper Alderman
3.30pm to 3.45pm Afternoon Tea
3.45pm to 4.15pm: Design and Distribution Obligations (DADOs) and Product Intervention Powers (PIP)
- Synopsis of the DADOs and PIP
- What are the regulators saying: home and away
- Traditional and neo credit activities
Presented by Hamish Ratten, Special Counsel, Colin Biggers & Paisley
4.15pm to 4.45pm: AML/CTF Update
Delve into all the latest developments and trends you need to know in Anti-Money Laundering and Counter-Terrorism Financing to get you through 2020 and beyond.
Presented by Adam Simms, Partner, BDO
4.45pm to 5.15pm: Responsible Lending Panel Conversation
Panelists:
Steven Klimt, Partner, Clayton Utz; Best Lawyers 2019, Banking and Finance Law, Regulatory Practice
Karl Turner, Chief Operating Officer, Executive Director Policy & Risk Management at the Australian Finance Industry Association
Alexandra Kelly, Principal Solicitor, Financial Rights Legal Centre
Venue
Cliftons Sydney
Level 3, 10 Spring Street
Sydney 2000
NSW
Australia
Directions
Nearby Public Transport:
Train Stations - Wynyard 400m OR Martin Place 500m
Bus Interchange - Clarence Street 450m
Ferry - Circular Quay 1.2km
Parking Information
Parking not included in your registration. Here are some options below.
Secure Park 20 Bond Street - click here for rates
Wilson Park 1 O'Connell Street - click here for rates
Wilson Park 31 Bond Street - click here for rates