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What this means for class action risks in financial services
Issues

Filings: what have we seen and what's to come? Before the publication of the Final Report, the matters raised during the Royal Commission resulted in either the commencement or investigation of class actions in relation to: Superannuation ...

Key themes shaping Australian regulatory enforcement risk in 2024
Insight 11 Feb 2024

Legal and compliance leaders often ask us: what are the top enforcement risks we face and how can we prepare? In this report we cover the key themes running through regulatory enforcement activity in 2022 and what they will mean for you in 2023. Most sectors will be impacted by the seven key trends. ...

Class action risk 2025
Insight 20 Mar 2025

The recent decline in class action filings might suggest a corresponding decrease in risk. However, class action risk is far from subsiding. The reality is that class action lawsuits remain a significant and ongoing risk for all businesses operating in Australia ...

Contract law update 2025
Insight 12 Feb 2026

Contract law is at the core of almost every lawyer's practice. We prepare the Contract Law Update by reviewing every contract law decision handed down by Australian appellate courts during the year and preparing summaries of those most relevant to lawyers in commercial practice. ...

Proposed modern slavery reforms: Criminal liability and new compliance expectations
[Webinar] 04 Aug 2026

Covered in this webinar: - what a 'reasonable steps defence' is likely to require in practice, drawing on our experience with similar defences in areas such as corporate crime, and the likely influence of global human rights frameworks; - our early views on the proposed enforcement and penalties framework, and how Civil Society Organisations may be preparing; - how the reforms align with global trends in modern slavery reporting and human rights due diligence; - the implications of these proposed reforms over the longer term, including for follow-on claims and other private litigation; and - steps companies can be taking now to assess and strengthen their modern slavery management frameworks. ...

Class action risk 2024
Insight 17 Mar 2024

Class action filings rebounded in 2023, making it the second biggest year for filings of all time. While consumer claims continue to dominate, claims from shareholders and employees remain significant areas of risk. ...

'In the eye of the storm': insurance regulatory risk 2025
Insight 11 Nov 2025

In this report, we give an overview of the key developments across the past two years, identify areas of regulatory focus and offer some insights into what we expect to see over the coming 12 months. ...

Enforcement action against the superannuation sector peaks in 2025
Insight 20 May 2026

This report provides an overview of the key regulatory and governance risks facing superannuation trustees in the year ahead. It outlines areas of heightened enforcement focus, upcoming legislative reforms and emerging obligations under prudential standards. It also highlights practical steps trustees can take to strengthen resilience and meet evolving expectations across governance, risk and member outcomes. ...

Financial services regulation update (November edition)
Webinar 28 Nov 2024

Covered in this webinar: The significant reforms to Australia's merger control regime likely coming into effect from 1 January 2026. What will the new regime look like? Which types of deals are likely to be caught? What practical issues should be considered before the new regime comes into effect? APRA's increasing scrutiny of expenditure by superannuation trustees. What are APRA's areas of likely focus for surveillance and enforcement action? What are the expenditure requirements in the new SPS 515? What practical steps can trustees take to prepare? ...

Class action risk returning to previous heights
Webinar 28 Mar 2024

In this webinar, we address the current indicators and drivers of class action risk, with a particular focus on how risk has changed during 2023 and how it can affect you and your organisation in 2024. ...

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