Michael Huertas has joined PwC in a pan-European role as partner and head of financial institutions regulatory Europe, based in Frankfurt.
At PwC, Huertas will focus on assisting clients with EU-financial services regulatory matters notably on the rulemaking and supervisory priorities being advanced by the European Central Bank (ECB).
Additionally, Huertas will assist clients in navigating compliance with rulemaking and supervisory priorities being advanced by the European Securities and Markets Authority, the European Banking Authority, the European Insurance and Occupational Pensions Authority, and the European Systemic Risk Board.
Huertas will help clients on the resulting challenges with national EU-27 plus UK regulators as well as those further afield both for traditional financial services regulatory matters and crypto-driven developments.
Meanwhile, his transactional practice will continue to focus on structured finance, structured note repack transactions as well as general trading (ISDA, GMRA, GMSLA), prime brokerage and related collateral and custody issues.
Prior to PwC, Huertas served as a partner and the co-head of the financial institutions regulatory practice group in Europe at Dentons for a period of three and a half years, based in Frankfurt.
During his time with Dentons he spearheaded the firm’s pan-European capabilities and led on large scale projects for leading financial institutions and financial market infrastructure providers.
Prior to Dentons, Huertas also held positions at Baker McKenzie, Allen & Overy, the ECB, and in London at Latham & Watkins and Lloyds Banking Group.
Commenting on his new appointment, Huertas says: “PwC is a true powerhouse in the financial services space and leads particularly when it comes to helping clients shape the future of their business, execute strategies and navigate the impact of risk and regulation and opportunities offered by fintech and through changing client relationships.”
“I am very much looking forward to working together with my colleagues in Germany, across the EU, the UK as well as further afield.”
“PwC’s depth of expertise and breadth of coverage as well as being able to offer both legal and professional services is exceptionally of relevance in empowering my clients as I help them to navigate ever complex and rapidly changing markets faced with a much sharper supervisory tone,” adds Huertas.
