About the Banking & Financial Services Law Association

ABOUT THE ASSOCIATION

The Banking Law Association began in 1983 when an interested group saw the need for an organisation that would provide for the dissemination of information on banking law usages and practices.  This is achieved through the running of programmes emphasising the practical application of these laws and usages.

The Association is incorporated under the Corporations Law and is administered by a Board from various states.  The Board is elected annually at the Annual General Meeting of the Association - with a number of sub-committees formed from the membership as follows:

Conference Planning Committee

Younger Members Committee

Scholarship Committee

Research Prize Committee 

The membership of the Association is approximately 750 and includes law firms, banks and financial institutions.  Annual Conferences have been held since 1984, with local and overseas speakers from the banking, legal and commercial fields.  Workshops on appropriate topics have been held in the various States from time to time.

At the Annual General Meeting on the 5th August 2011  - an updated Constitution was adopted.  To view please click here:

The last major change was in 2001 when the name of the Association was changed from the Banking Law Association to The Banking & Financial Services Law Association.

AIMS OF THE ASSOCIATION

The Association’s concern with Banking law and practice covers both Australian and overseas law, custom, practice, and legislation (both existing and proposed).  It is also interested in comparative and international law affecting the banking industry.

The Association exists to foster and encourage the gaining of knowledge of that law and practice, and considering understanding and disseminating that knowledge among members of the legal profession, the banking industry and the commercial community at large. 

The Association achieves its aims principally by means of seminars, conventions, discussions, lectures and the publication of papers and books on relevant subjects.  The Association endeavours to be responsive to the needs of its members in achieving its aims.

At the Annual General Meeting in 2001 it was agreed to change the name of the association to: “The Banking and Financial Services Law Association” in order to reflect the changing nature of the industry and to better serve members.