Steven Klimt joined Clayton Utz in 1986. Prior to being appointed a partner in 1993, he spent a year on secondment in New York with Skadden Arps Slate Meagher & Flom.
Steven practises in two areas:
Steven's major projects practice covers issues relating to procurement strategies and contract structuring for government technology projects, contract administration, privacy issues, government tender process, drafting and project documentation and advising on technology in the context of procurements. He is a leading partner in our major projects team. He has significant experience advising numerous clients – in particular government clients – on major projects.
Steven's retail banking practice covers retail banking documentation, procedures, forms and systems, all legislation relevant to banking operations including the National Consumer Credit Protection legislation, the Personal Property Security legislation and reforms, anti-money laundering legislation, FSR, FTRA, and other anti-money laundering legislation, Banking Act, the Payment Systems (Regulation) Act, Code of Banking Practice and EFT Code of Conduct.
He also advises on credit cards, e-banking and smartcards including all aspects of access to bank accounts such as card access, redraw facilities, account linkage, electronic banking and BPAY. He has drafted numerous electronic banking terms and conditions, agreements for the distribution of financial products through cards and electronically and has done considerable work in relation to non-cash payment facilities such as smartcards. His clients include many of Australia's leading financial institutions.
Steven is consulting editor and contributing author to theCCH Australian Consumer Credit Law Reporter, co-author of retail banking chapter of CCH/Clayton Utz PublicationThe Essential Guide to Financial Services Reform and is a member of the Business Law section of the Law Council of Australia's Privacy Committee.