A global financial services regulation expert, who worked at Deutsche Bank for 17 years, including service as general counsel, has returned to Herbert Smith Freehills, in its the financial services regulatory team.
Joseph Longo will be based in the global firm’s office, advising clients located across Australia as well as those in Asia and the UK.
Prior to joining HSF, he was a general counsel for Deutsche Bank in the UK and EMEA, and previously served as its GC in the Asia-Pacific.
He also boasts experience as a regulator, HSF said in a statement, noting that he was the national director of enforcement at ASIC.
He joins HSF as a senior adviser.
The firm’s regional head of dispute resolution, Luke Hastings, said Mr Longo’s appointment reflected the “growing need for specialist global banking experience in the Australian market”.
“Joe’s experience speaks for itself. He brings deep global financial services and regulatory insights to the Australian market,” he said.
“He has an intimate understanding of the challenges faced by banks and corporations when addressing cultural and regulatory issues. His experience spans several continents in legal advisory, regulatory enforcement, and internal legal and commercial matters. He has navigated multijurisdictional investigations and regulatory enforcement activity, and that experience is of particular interest to our clients.”
With the “ever-increasing regulatory focus on financial services institutions in Australia”, Mr Hastings continued, HSF is continually looking for ways to “share with our clients our global experience of responding to these developments”.
“We’re excited to have Joe on the team. Having worked in the global banking sector for the best part of 20 years and having dealt firsthand with the issues our clients are grappling with, Joe will bring another perspective to our expert global team,” he said.
Having previously worked at HSF in Perth and Sydney, Mr Longo said he was pleased to be returning to work at Herbert Smith Freehills after 17 years working at Deutsche Bank.
“I have experience working in private practice, in securities and corporate law and in-house, and I am excited to be able to share that experience with clients,” he said.