Baker McKenzie continues to grow its Banking & Finance practice
Michael Huertas (33) joins Baker McKenzie's Banking & Finance practice as a Counsel in mid-June 2017. He joins from Allen & Overy's financial services and structured finance practice which he joined in 2013. Michael will primarily work with the Frankfurt based Baker McKenzie team of Dr. Manuel Lorenz and Sandra Wittinghofer.
Michael Huertas' practice focuses on helping clients navigate and realize the opportunities in the EU regulatory and supervisory framework. He specifically advises on the Eurozone's Banking Union, the ECB's monetary policy activity and the EU's Capital Markets Union project along with the regulatory and supervisory workstreams of the European Supervisory Authorities. Michael was seconded to the European Central Bank from September 2014 to September 2015.
His transactional practice focuses on providing English law advice on a range of structured finance and securitization transactions as well as financial market infrastructure, collateral and custody issues. Michael also lectures on capital markets regulation at the Institute of Law and Finance at the Goethe University of Frankfurt am Main.
As a practicing Solicitor (England & Wales and Republic of Ireland), Michael is also a Registered European Lawyer with the Frankfurt Bar. Having completed his legal training and qualifying with Lloyds Banking Group in the United Kingdom, Michael moved to the financial services regulatory and derivatives practice of a major US law firm in London.
Martin Kaiser, Partner and Head of the Baker & McKenzie's Banking & Finance Practice Group in Frankfurt adds: "The reinforcement of our bank regulatory practice with the addition of Michael Huertas is an important step in Baker McKenzie's commitment to serving clients more efficiently on a broader basis in a fast-changing environment. Given recent political developments in the EU and deeper integration of the Eurozone, Michael's regulatory and supervisory law focus is a timely addition to the Team and will assist clients with dedicated insight for those already engaging with the Eurozone authorities or looking to relocate to the Eurozone. Given the ECB's location in Frankfurt we're delighted to welcome Michael to our Team and look forward to working together in growing the practice."
Michael Huertas has previously advised a breadth of financial institutions, alternative investment funds, FinTech providers and non-financial corporates on the structure and operation of various ECB asset purchase programmes, the compliance and risk requirements in relation to Capital Markets Union and Banking Union specific issues, especially in light of BREXIT, as well as providing transactional advice across a breadth of derivatives and structured finance transactions.
"Baker McKenzie's dynamic plans coupled with an unrivalled global network and depth of presence in the Eurozone provides an exciting environment and the right platform on which to better support banks and financial institutions, alternative investment funds, FinTechs and non-financial corporates at this time of immense change in the EU-27. I very much look forward to helping clients respond to these challenges and adding my part in further developing the Banking & Finance practice at Baker McKenzie." said Michael Huertas.
The growth in Frankfurt builds upon the latest hire of Filip Kurkowski who joined Baker McKenzie as a Partner in 2016. Filip's focus on international property and asset financing transactions reinforces the Firm's international Real Estate capabilities and broadening its scope in Germany.