Luke Hastings

Luke Hastings

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Luke is a partner with a wealth of litigation and corporate experience, and specialises in contentious financial services regulatory matters. He works closely with his colleagues in HSF’s global Financial Services Regulatory team. Described by Chambers Asia Pacific 2020 as ‘one of the most highly regarded lawyers in the country for significant matters where reputations and shareholdings are on the line’, Luke is routinely sought out to represent high-profile financial institutions in ASIC investigations. He is praised by clients for being ‘fantastic: he has so much depth of experience, he is incredibly passionate about what he does and he’s also got incredible pragmatism and strategic understanding’. His experience includes acting for global investment banks in relation to ASIC investigations of benchmark rates (BBSW and FX); Citigroup in a landmark insider-trading proceeding brought by ASIC and considered an international ‘test case’ involving the ‘Chinese wall’ defence and procedures for handling potential conflicts of interest (all of ASIC’s claims were dismissed); global investment banks in various markets disciplinary panel proceedings; the Commonwealth Bank of Australia and Bankwest in the ‘exception fees’ class action; and ASX-listed entities in relation to continuous disclosure compliance and related ASIC infringement-notice proceedings.

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