Lucy Becke

Senior Associate

Banking and Finance


Lucy specialises in debt capital markets and securitisation transactions in her role as senior associate, based in our Auckland office. Lucy regularly advises banks, financial institutions and corporate clients on financial services laws and derivatives arrangements.

Lucy’s extensive knowledge of complex financial matters makes her an asset to the firm, and her varied experience working in banking and finance law has seen her act for major financial institutions in both Australia and New Zealand including Westpac and ASB bank.


Lucy draws on her trans-Tasman expertise to provide clear, creative advice to clients in relation to a variety of financial matters. Her experience in advising clients on matters involving debt capital markets and securitisation includes:

  • Acting for New Zealand Local Government Funding Agency on its offers of bonds and each tender and on-lending to participating local authority borrowers. 
  • Acting as New Zealand counsel on various Kauri bond issuances.
  • Acting for a European bank in relation to the transition of its NZX-listed notes into the Financial Markets Conduct Act regime.
  • Acting for banks and corporates on their EMTN and USCP funding programmes.
  • Acting for a factoring and trade finance business as New Zealand counsel on a complex cross-border securitisation.

Her experience in financial regulation includes:

  • Acting for various corporate issuers on the update of their trust deeds for compliance with the Financial Markets Conduct Act.
  • Advising banks and corporates on the application of the Credit Contracts and Consumer Finance Act to various aspects of their business, including acting on the wholesale re-write of a bank's retail lending product suite to comply with the June 2015 changes to the Credit Contracts and Consumer Finance Act.
  • Advising on acquisitions of consumer lending businesses.
  • Advising the New Zealand Banker's Association, registered banks and financial institutions on the Financial Markets Conduct Act, regulatory issues and RBNZ banking standards.
  • Advising international banks and financial institutions on financial regulation in New Zealand, including securities laws, the Financial Advisers Act, the Credit Contracts and Consumer Finance Act and Anti-Money Laundering issues.

And her experience in derivatives includes:

  • Advising a number of New Zealand banks on the transition of their derivative product suites into the Financial Markets Conduct Act regime, including drafting product disclosure statements and bespoke derivatives client master agreements.
  • Acting for corporates in establishing derivatives trading lines with banks, including negotiating and advising on the documentation of these arrangements under 1992 and 2002 ISDA Master Agreements, related ISDA Definitions and credit support documentation.
  • Advising an Australian derivatives issuer on all legal issues associated with extending its product offering to New Zealand retail clients.
  • Advising on facility-related hedging arrangements and the interplay between the derivatives documentation and the facility and security trust arrangements.


LLB (Hons), B. Com, University of Sydney.


Prior to joining Russell McVeagh in 2014, Lucy worked at a large international law firm in Sydney advising on structured products, derivatives and financial regulation.  

Lucy was admitted to practise in New South Wales in 2009 and New Zealand in 2014.

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