Mark Sneddon

FinTech & E-Business, Banking and Credit Financial Services, Government Services

Mark has over 25 years' experience in banking and financial services, fintech and e-business, business regulation and government services.  He joined the Holley Nethercote team in October 2016.

At a Glance

Summary My Details
Key areas of expertise:
  • Banking, Lending and Payments Law 
  • Regulated financial services and credit, AML, privacy and compliance
  • FinTech, payments and E-Business for many industries
  • Government Services Law 
Admitted to practice:  1983
Career achievements:
  • Banking and Finance and E-Business partner in a top tier law firm for 12 years, acting for a wide range of banks, financial service providers and corporates.
  • Crown Counsel (Advisings) to the Victorian Attorney-General for 4.5 years.
  • Associate Professor of Law, University of Melbourne Law School, teaching international and domestic banking law, communications law and constitutional law.
  • Designed the legal framework for the National Electronic Conveyancing System.
  • Key Victorian negotiator for the Legal Profession Uniform Law.
  • Assisted major banks with risk and regulatory compliance reviews.
  • Lead designer of the ASIC EFT (now E-payments) Code.
  • Assisted in implementing national electronic health records systems and electronic customs systems.
Qualifications:
  • Adjunct Professor (Monash University Law School)
  • Bachelor of Laws (Honours)
  • Bachelor of Science (IT)
  • Master of Laws (University of Michigan)
Future aspirations:
  • To use innovative thinking to assist clients to achieve their commercial and other goals in an efficient, timely and legally compliant way.
  • To stay on the leading edge of the legal and regulatory implications of technology advances and disruption, including fintech, biometrics, payments systems and location/technologies.
  • To assist government and regulatory bodies to develop sound evidence-based policy and regulation.
Interests outside of work: 
  • Family and friends
  • Travel
  • Reading and writing
  • Biking, beaches, catamarans  
Favourite quote: “I would not give a fig for the simplicity on this side of complexity, but I would give my right arm for the simplicity on the other side of complexity.” Oliver Wendell Holmes Jr

Most recent blogs written by me

  • Financial Services Law

    Australia Provides Relief for GST Treatment of Digital Currencies

    Wednesday, 22 November 2017
    The recent changes to the law in Australia align the GST treatment of digital currency with the GST treatment of money (particularly foreign currency). However, it will be important for purchasers and users to ensure that the particular tokens they are using come within the definition of “digital currency” in the GST legislation.

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