Javier Portillo
Biography
Javier Portillo is a senior associate in the Financial Services Regulatory practice of Baker McKenzie in Spain.
His practice encompasses advice in financial services legislation, offering continuous advice to payment institutions, electronic money issuers, lenders, credit institutions, investment firms, asset managers, management companies, insurance undertakings and insurance distributors in their normal course of business. Additionally, Javier has broadened his practice so as to provide legal advice to the FinTech sector (regulated or unregulated) and to crypto-asset service providers.
Practice Focus
He has broad experience in the main procedures affecting domestic, European or third country regulated entities (i.e., authorization, expansion of activities, passporting and closure), fact which enables its clients to forge a lasting relationship with the Spanish prudential regulators and AML authorities based on mutual trust.
Representative Legal Matters
- Advised an Australian financial technology company, on the Spanish regulatory aspects related to its acquisition by Square Inc.
- Advised one of the biggest payment institutions in the Spanish market in relation to different financial regulation compliance matters, including in particular regarding AML compliance, outsourcing of functions, consumer credit, insurance distribution and compliance with new payments regulations.
- Advised a Spanish entity in the process of applying for authorisation as a “payment institution” vis à vis the Bank of Spain, under the PSD2 legal framework.
Admissions
- Madrid~Spain (2019)
Baker & McKenzie Madrid S.L.P. is a member of Baker & McKenzie International, a Swiss Verein.