Insurance law firm Clyde & Co has appointed financial services regulatory specialist Liam Hennessy as a partner in its Brisbane team.
Hennessy has corporate and financial services regulatory expertise, including advising retail insurers, superannuation funds, fund managers, lenders and payment services, fintechs, and crypto providers and platforms. His experience covers complex financial services advisory work, regulatory projects, large-scale remediation matters, and regulatory investigations.
Hennessy will join Clyde & Co's financial services regulatory team in Brisbane, joined by an experienced team of seven to form part of the firm's global corporate and regulatory offering. He will work closely with other partners in the Asia-Pacific region, including Thomas Choo and Weiyi Tan in Singapore and Joyce Chan in Hong Kong, to help clients navigate emerging regulatory issues associated with the development of new financial products using blockchain and tokenisation.
Clyde & Co's financial services regulatory team in Brisbane includes special counsel Yvonne O'Byrne and six associates.
The latest appointment is part of the significant expansion of the firm's financial services regulatory offering in Australia, which covers commercial and retail insurance and reinsurance, insurance intermediaries, superannuation funds, fund managers, crypto exchanges, emerging fintech and insurance firms, and crypto providers and exchanges.
Hennessy said: “I'm thrilled to join Clyde & Co and become part of a market-leading financial services regulatory firm that supports clients in Australia and globally, with their most complex, sensitive, and challenging financial services regulatory and corporate mandates.
“Clyde & Co is an ideal home for me and my team to further expand our practice – it has the capability, scale, and cross-practice support to offer an unbeatable value proposition to the market. We're excited to get started.”
Avryl Lattin, partner at Clyde & Co in Sydney, commented that Hennessy's practice complements and enhances the firm's expertise in financial services regulatory matters across Australia and the wider Asia-Pacific region.
“Liam has an in-depth knowledge of complex financial services laws and is at the forefront of development of regulation in new areas, with a particularly impressive understanding of crypto assets and tokenisation. We're delighted to welcome him and his exceptional team to the firm and look forward to working with them to deliver even more for our clients,” Lattin added.
