The Government has proposed a comprehensive Scams Prevention Framework (SPF) imposing broad obligations on businesses to protect consumers from being scammed, with tough consequences for non-compliance. Initially the Framework will affect telco providers, banks and digital platform providers, then other sectors may be caught as the regime develops. Join this 1-hour intensive, so that as advisors to regulated sectors you will understand the reasonable proactive steps that will need to be taken to detect, prevent and disrupt scams.
Chair:
Steven Klimt, Partner, Banking and Financial Services, Clayton Utz
1.00pm to 2.00pm Legal Alert! Scam Prevention Framework Intensive
With the increasing sophistication of scammers and uncertain liability environment, the impact of scams on Australian consumers is a key focus for the Federal Government who has introduced a draft Scams Prevention Framework.
Be guided through how the proposed Scams Prevention framework will work and what is required to comply by a panel of Banking and Finance, Disputes and Insurance Law experts.
Gain perspectives on the key issues likely to arise in implementing the framework and how to mitigate the increased regulatory risks.
This wide-ranging discussion with experts in regulatory enforcement, commercial litigation and insurance will be an interactive opportunity to upskill on this emerging area of the law.
Panellists:
- Ian Bloemendal, Partner, Commercial Litigation, Clayton Utz
- Sophy Woodward, Partner, Insurance Disputes, Clayton Utz
- Emma Forbes, Special Counsel, Regulatory Investigations and Commercial Litigation. Clayton Utz
Description
Attend and earn 1 CPD unit in Substantive Law
This program is applicable to practitioners from all States & Territories
Presenters
Steven Klimt, Partner, Banking and Financial Services, Clayton Utz
Steven has been practising in the retail banking and financial services area for over 30 years. His practice covers documentation, procedures, forms and systems, and financial services regulatory issues including consumer credit, anti-money laundering. payment systems and privacy. His clients include many of Australia's leading financial institutions, Fintechs and finance companies. Steven is a contributing author to the CCH Australian Consumer Credit Law Reporter. He has been ranked in Best Lawyers Australia in Banking and Financial Services and Regulatory Practice for many years.
Ian Bloemendal, Partner, Commercial Litigation, Clayton Utz
Ian has 34 years' experience acting in complex litigation and ADR for government and listed companies. Ian's practice areas include financial services, class actions, regulatory investigations, complex or high stakes reputational disputes, including defamation and media issues, commercial and property disputes, technology and/or product liability disputes. Doyles Guide recognize Ian as a Leading Litigation & Dispute Resolution Lawyer and he has been three times voted Queensland Lawyer of the Year by Best Lawyers (twice for Defamation and Media Law (in 2017 and 2020), and for Product Liability law (2018). Ian has been trusted to represent the former Premier of Queensland as well as members of Cabinet from both major parties, senior public officials, professional bodies and senior executives. Ian is Chair of the Law Council of Australia's Federal Litigation Privileges and Immunities Committee.
Sophy Woodward, Partner, Insurance Disputes, Clayton Utz
Sophy has over 15 years’ experience acting on complex disputes, particularly contested insurance claims. She regularly acts for mining companies in liability, D&O and PD/BI insurance coverage disputes. She also represents contractors in construction projects on contract works claims. She has represented numerous clients defending class actions and bringing associated D&O claims. Having undertaken lengthy secondments within BHP and Transurban, Sophy has industry knowledge and a commercial approach. She also has experience in regulatory investigations, representing a large bank in the Royal Commission into Banking Misconduct, and having commenced her career at the Australian Securities and Investments Commission.
Emma Forbes, Special Counsel, Regulatory Investigations and Commercial Litigation. Clayton Utz
Emma has over 12 years' experience managing disputes and navigating complex organisations, specialising in regulatory investigations and commercial litigation. Known for her strategic problem solving and fact based decision making, Emma's diverse experience spans private practice and inhouse legal roles, notably at the Commonwealth Bank of Australia and the Royal Commission into the Financial Services Industry. Emma has particular expertise in scams liability and helping clients manage the uncertain and evolving scams regulatory environment.
