K&L Gates Adds Sydney Financial Services/Regulatory Partner

Global law firm K&L Gates LLP welcomes Andrea P. Beatty as a corporate partner in the firm’s Sydney office. She is the first new partner to join K&L Gates since the firm’s January 1 combination with Australian national firm Middletons.

Beatty focuses her practice in regulatory and financial services matters including corporate advisory, credit regulation, payment systems, retail and privacy, and banking law. She advises financial services and other organizations on 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, and consumer protection, as well as dealing with regulators such as the Australian Prudential Regulation Authority, Australian Securities and Investments Commission, Reserve Bank of Australia, and Australian Transaction and Reports Analysis Centre.

Having advised on credit and financial services regulation for more than 20 years, Beatty has also written and spoken widely on the subject, including having co-authored the leading text on Australian credit regulation, “Annotated National Credit Code” (5th edition currently in production).

K&L Gates’ Managing Partner, Australia, Nick Nichola said: “Andrea is a highly regarded legal practitioner who has a wealth of experience to offer our clients. Her appointment marks the continued growth of our corporate and transactional practice area due to increasing client needs. I am delighted to welcome Andrea to the firm.”

“With an established and leading financial services and consumer banking practice, K&L Gates offers a unique fit for my practice,” commented Beatty. “I look forward to being part of a global team that will deliver unparalleled capabilities and benefits for my clients.”

Beatty stressed that the area of credit regulation in Australia is complex and likely to be even more so due to the Australian government’s proposal to regulate small business and investment lending. An exposure draft bill was released by the Australian Treasury and submissions are due by February 15, 2013.

www.klgates.com


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