Alice Molan

Alice assists clients in the banking, non-bank lending, payments and fintech sectors understand the application of regulatory obligations to their business and respond accordingly.  

Alice established her career advising local and international banks and non-bank lenders on Australian regulatory requirements, including as part of the development of national credit laws, anti-money laundering legislation and data protection reforms. 

Alice has spent a number of years in Hong Kong advising international financial institutions in connection with licensing and prudential matters, banking and securities regulations, virtual asset service provider reforms, anti-money laundering controls and ongoing regulatory obligations.

Alice’s experience includes*:

• Advising clients in respect of consumer credit requirements including as part of national credit regulatory reform and unfair contract terms regime including in connection with listed non-bank lender.
• Representing numerous regulated securities businesses in connection with inspections by their regulator in connection with AML/CTF/PF, corporate governance and outsourcing compliance.
• Advising on change of control applications and making relevant submissions to the regulators including multi-national bank and insurer.
• Providing ongoing support to investment managers to establish and implement compliant regulatory frame works in respect of AML/CTF/PF, FATCA and CRS and privacy.
• Assisting international bank to effectively respond to regulator investigation on AML/CTF client due diligence processes.
• Creating business unit legal inventories for use by regulated bank and securities businesses.
• Undertaking documentation updates for the purpose of consistency with regulatory obligations, including drafting foreign exchange trading terms, securities margin financing documents, securities account terms, banking terms, credit card terms and  application forms.
• Assisting clients in connection with digital asset sale launches and ongoing compliance obligations.

*Experience gained at a previous firm

Background

Alice gained her Bachelor of Laws (Honours) from Deakin University. She is admitted in Victoria and holds a NSW Practising Certificate.