Andrea Beatty

Profile

Andrea Beatty is a Partner in the Sydney office of HWL Ebsworth Lawyers and leads the Regulatory and Financial Services Practice Group. Andrea practises in corporate, regulatory, payment systems, retail and electronic banking, privacy and banking law.

Andrea’s experience includes advising major financial and other institutions on financial services regulation, including financial products regulation, licensing and compliance, anti-money laundering laws, consumer credit and margin lending, finance and mortgage broking, banking and payment systems regulation, e-commerce, privacy and spam regulation, personal property securities reform, consumer protection, and dealing with regulators including APRA, ASIC and AUSTRAC.

Andrea also advises on associated commercial transactions including product development, electronic banking, loyalty programs, payment systems, outsourcing, white labelling, alliances, acquisitions and disposals.  She has been involved in advising on credit and financial services regulation for more than 20 years, and has written and spoken widely on the subject.

Andrea is a published author and frequent speaker on her area of expertise, including:

• "Annotated Consumer Credit Code" (Butterworths 1st, 2nd and 3rd editions - 1997, 2000 and 2006)
• "Anti-Money Laundering and Counter-Terrorism Financing" loose leaf service, Thomson Law Book Co (1st published in 2007)
• "The Law of Payment Systems" (Butterworths, 2000), and
• Editor, LexisNexis Financial Services Newsletter.

Andrea’s experience includes:

• advising one of the 4 major trading banks on its anti-money laundering/counter-terrorism financing implementation compliance program
• advising on the sale of ATM’s
• advising investment bank on sale of its trust business
• advising on vendor due diligence for sales of financial services providers
• major bank’s credit card rewards program
• BPAY View – an electronic bill viewing enhancement to the BPAY System
• Financial Services Reform Act implementation projects and advice for leading Australian financial institutions and a payment system
• advising investment bank on full spectrum of regulatory implications for new electronic banking product
• privacy implementation projects and advice for Citigroup, St. George Bank, BPAY, ABN Amro, British Airways, Telstra, NRMA, pharmaceutical companies, insurance companies and food and beverage companies
• Privacy impact assessment for a Government body on electronic health identifiers
• advising a bank on issuing its American Express credit card
• advising numerous financial instructions and securitisation program participants on consumer credit compliance (Consumer Credit Code and Credit Acts)
• advising numerous financial institutions on their credit card programs, including drafting credit card terms and conditions and advising on retail financial services law
• advising on reverse mortgage products
• advising on stored value smartcards, including the Westfield gift card, and
• advising various clients on regulatory enforcement actions including a major bank, a foreign investment bank and a credit reporting agency.