Norton Rose Fulbright Australia
Related services and key industries
- Financial services and regulation
- Regulation and investigations
- Risk advisory
- Litigation and disputes
Key industry sectors
Candy Lau is a financial services regulatory lawyer and a restructuring and insolvency litigator based in Sydney.
She advises Australia's major financial institutions, insolvency practitioners and multinational corporations on a diverse range of complex matters relating to regulatory compliance and investigations, corporate governance, cross-border restructuring and insolvency, and dispute resolution.
Candy's regulatory practice includes advising global financial institutions on the recent regulatory reforms relating to the design and distribution obligations and the reportable situations regime. She has also provided extensive support to major financial institutions on the design and implementation of complex review and remediation programs. In her most recent engagement, she played an instrumental role in leading a diverse team of a substantial size in successfully achieving project milestones.
She has completed multiple secondments at leading financial institutions in the retail and business banking space. Most recently, she was seconded into a risk and compliance role within a global electronics and electrical equipment manufacturing corporation headquartered in Japan. Leveraging on her in-house experience, Candy is attuned to the risks faced by businesses in light of the evolving regulatory landscape and advises on strategies that mitigate legal/compliance, conduct, operational as well as reputational risks.
Candy was first admitted as a solicitor in Hong Kong where she practised as a litigation and dispute resolution lawyer. She brings to her current role extensive litigation experience in conducting civil proceedings in both English and Chinese.
Professional experienceExpand all Collapse all
- High Court of Hong Kong 2009
- Supreme Court of New South Wales 2015
- NSW Independent Liquor and Gaming Authority – acted as joint Solicitor assisting the public Commission of Inquiry under section 143 of the Casino Control Act 1992 (NSW), conducted by the Honourable P A Bergin SC and established by the NSW Independent Liquor and Gaming Authority.
- Global financial institutions – on various regulatory issues and strategies relating to the design and distribution of financial products, the reportable situations regime, and the Banking Executive Accountability Regime.
- Major Australian Bank – on methodology and execution in relation to the institution's remediation program on 'fee for no service'.
- Major Australian Bank – in relation to Australia's largest review and remediation program within the institution's financial planning business. Advised on the execution and strategy in the assessment and remediation of inappropriate financial advice.
- Major Australian Banks – completed secondments in retail banking, business banking and as part of a large-scale remediation program. Advised on a variety of legal, regulatory, risk and compliance issues relating to business and retail banking products, advertising of financial products and services (including greenwashing), and remediation projects.
- Multinational corporation headquartered in Japan – advised on a wide range of complex issues with respect to corporate governance and compliance, including export controls, modern slavery, whistleblowing, and information governance and privacy.
- Global financial institution – advised on and undertook a review and gap analysis to assess compliance with obligations under the Australian whistleblower framework.
- Foreign liquidators of an international fundraising and litigation funding group – advised on the conduct of Australian and cross-border investigations and proceedings involving various complex issues with respect to the foreign liquidators' public examinations and Barnes v Addy claim against professional advisers.
- Best Lawyers in Australia 2023: Ones to Watch (Insolvency and Reorganisation Law)
- INSOL International, "MSMEs – Practical challenges and risk mitigation post COVID-19" (December 2022)
- Governance Institute of Australia, "ASIC releases practical field guide on consumer-centred remediation programs" (March 2021)
- Tracing Assets in Asia Pacific: A Comparative Analysis of the Availability of Norwich Pharmacal Orders in Australia, Hong Kong and Singapore, International Corporate Rescue, Vol 15, Issue 3, 2018
- June 2022 – Asian Australian Lawyers Association (Foreign Qualified Lawyers Subcommittee) – Panelist for 'Rising with Resilience'.
- Australian Restructuring Insolvency and Turnaround Association (ARITA)
- The Law Society of New South Wales
- The Law Society of Hong Kong
- Mandarin Chinese
Reporting on the reportable: Industry consultation prompts regime changes
Publication | May 10, 2023
Publication | April 12, 2023
ASIC breach reporting: It’s not a walk on the beach
Publication | November 06, 2022