Facility agreements, security, and regulatory compliance — in one workspace.
Quillio knows the NCCP Act, Corporations Act Chapter 7, the PPSA, APRA prudential standards, and the facility, security, and enforcement documents banking lawyers actually draft.
Quillio is an AI legal assistant for Australian banking and finance lawyers. I am trained on the National Consumer Credit Protection Act 2009 (Cth), Corporations Act Chapter 7, Personal Property Securities Act 2009 (Cth), Banking Act 1959 (Cth), and current APRA prudential standards. Use me for facility documentation, security review and enforcement, responsible lending advice, and banking regulatory work.
Why banking and finance lawyers use Quillio
Banking work runs across facilities, security, and regulation. I read facility agreements and security documents at clause level, run PPSA registration analysis, and apply current APRA and ASIC regulatory guidance. Built for AU banking practice including the NCCP regime for consumer credit and the ADI prudential framework.
Statutes and authorities
Key statutes
- Corporations Act 2001 (Cth) Chapter 7
- National Consumer Credit Protection Act 2009 (Cth)
- Personal Property Securities Act 2009 (Cth)
- Banking Act 1959 (Cth)
- Financial Sector (Collection of Data) Act 2001 (Cth)
- Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth)
- Bills of Exchange Act 1909 (Cth)
Leading cases
- ASIC v Westpac Banking Corporation (2019) 373 ALR 455 (responsible lending)
- Maras v Lesic [2018] NSWSC 1975 (guarantees and unconscionable conduct)
- Re OneSteel Manufacturing Pty Ltd (in liq) [2017] NSWSC 21 (PPSA and fixtures)
- Esso Australia Resources Ltd v Southern Pacific Petroleum NL [2005] VSCA 228 (financial accommodation)
- Grant Samuel Corporate Finance Pty Ltd v Fletcher (2015) 254 CLR 477 (winding up applications)
Banking and Finance Law workflows
Facility documentation
Drafting and reviewing syndicated facility agreements, bilateral facilities, and security documents.
Drafts LMA-style facility agreements, reviews bank form documents, and flags deviations from market standard. Produces the conditions precedent checklist.
PPSA security analysis
PPSA registrations, priority analysis, and security enforcement including ROT / PMSI analysis.
Runs PPSA registration analysis, identifies perfection and priority issues, and drafts security documents with PPSA-compliant descriptions.
Responsible lending and NCCP
NCCP responsible lending advice for consumer credit providers and intermediaries.
Applies current NCCP responsible lending authority (post-Westpac) and drafts compliance memos and decline letters.
Security enforcement
Enforcing real property security, PPSA security, and guarantees in default scenarios.
Drafts enforcement notices, appointment documents, and mortgage enforcement proceedings. Advises on receivership and insolvency interaction.
APRA and prudential compliance
Advising ADIs and RSE licensees on APRA prudential standards including CPS 220, CPS 230, and APS 220.
Applies current APRA prudential standards to the compliance question and drafts policy documents and responses to APRA reviews.
Document types Quillio handles
- Facility agreements (syndicated and bilateral)
- Security documents (GSA, mortgages, share pledges)
- Guarantees and indemnities
- Intercreditor deeds
- Subordination deeds
- PPSA financing statements
- Enforcement notices
- Responsible lending advice memos
- APRA prudential policies
Banking regulation is Commonwealth under the Corporations Act, NCCP Act, Banking Act, and PPSA, supervised by ASIC, APRA, and AUSTRAC. I cover the national regime plus state-specific real property security rules for mortgages over real estate.
Questions banking and finance lawyers actually ask Quillio
Banking and Finance Law FAQs
Is Quillio current on the responsible lending framework?
Yes. I am current on the NCCP responsible lending obligations post-Westpac decision and post-Royal Commission, including ASIC Regulatory Guide 209.
Does Quillio understand PPSA priority rules?
Yes. I apply PPSA priority rules including PMSI priority, registration timing, and the interaction between PPSA security and real property mortgages. I flag perfection issues early.
Can Quillio draft facility agreements?
Yes. LMA-style syndicated facilities, bilateral facilities, and bespoke facilities. I draft from your firm's templates and flag departures from market standard.
Does Quillio cover APRA prudential standards?
Yes. Current APRA Prudential Standards for ADIs, insurers, and RSEs, including CPS 220 (risk management), CPS 230 (operational risk), APS 220 (credit risk management), and CPS 234 (information security).
Can Quillio support security enforcement?
Yes. I draft enforcement notices for GSAs, real property mortgages, and guarantees. For liquidator/receiver coordination, see also /practice-areas/insolvency-lawyers.
Is Quillio safe for confidential banking material?
Yes. SOC 2 Type II and ISO 27001. Australian-hosted. Facility documents, security files, and regulator correspondence stay on Australian soil.
Try Quillio on a current matter.
For banking and finance lawyers, the fastest way to know if Quillio fits is to run it across a current facility review or PPSA analysis. Start the free trial at /free-trial — no credit card, no sales call.
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