David acts for Australian and international financial services organisations in relation to a broad range of financial services matters. David’s experience ranges from regulatory matters and liaison with regulators to offers of financial products. This experience includes advising on all aspects of licencing of financial service providers, structuring and establishing retail and wholesale funds and appointing delegated service providers.
David's experience includes:
- advising US and Asian based clients on Australia’s financial services licencing regime, ASIC’s foreign Australian financial services licence and available exemptions
- briefing clients on the impact of regulatory changes such as the foreign Australian financial services licence, design and distribution obligations, ASIC’s product intervention powers, revised civil and criminal penalties and breach reporting obligations
- providing general funds management advice in relation to operating schemes, board and unit holder meeting requirements, changing a responsible entity, amending trust deeds and retirement of trustees
- advising on establishing managed investment schemes, the ASIC registration process, ongoing management requirements and appointing delegated service providers
David holds a degree in commerce from University College Dublin and a Master of Laws from the University of Sydney. Before joining Herbert Smith Freehills, David worked in Sydney with an investment management firm and prior to that in Dublin, gaining experience in European financial services law.