Philippa Hofbrucker

Philippa’s experience includes acting for:

• Westpac in separate investigations by ASIC and APRA arising from allegations by AUSTRAC of breaches of AML and CTF laws.
• Westpac in an investigation and enforcement proceedings by ASIC in relation to the alleged overcharging of financial advice fees.
• Macquarie Bank in its defence of a class action relating to the payment of commissions in the auto finance industry.
• Deloitte in the parliamentary inquiry into the regulation of auditing in Australia.
• Westpac in its response to the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
• Westpac in an investigation and enforcement proceedings by ASIC into alleged manipulation of the Bank Bill Swap rate (BBSW).
• A major domestic bank in an investigation by the ACCC in relation to potential cartel conduct in a syndicated lending transaction.
• A major domestic bank on a significant risk and compliance audit of certain business units to mitigate against anti-competitive and market misconduct.
• A senior banker of an international investment bank in connection with an investigation by ASIC into a large equities trade.
• A major domestic bank on the revision of its financial benchmark compliance framework.
• A major financial advice firm in respect of ASIC’s Wealth Management Project and various related ASIC investigations into particular financial advisers.
• The UK Serious Fraud Office (SFO) in its defence of English High Court proceedings arising from the SFO’s discontinued investigation into the collapse of Kaupthing Bank in Iceland.
• A resources consortium in English Administrative Court proceedings to discharge restraint and management receivership orders obtained by the SFO.
• A Kazakh law firm in proceedings in the Supreme Court of NSW, Court of Appeal and the High Court of Australia.
• An individual in complex debt recovery proceedings in the Supreme Court of NSW; and
• Directors, executives and employees in preparing for compulsory examinations by regulators and appearances before royal commissions and parliamentary inquiries.