Ustáriz & Abogados Estudio Jurídico

Acclaimed as being ‘at the forefront of key trends and developments’, Ustáriz & Abogados Estudio Jurídico’s capital markets group is highly regarded for its niche focus on regulatory and compliance matters. Routinely engaged by an array of brokerage entities, banks and trust companies, the team’s consultancy experience spans audits, financial products and day-to-day operational matters. Luis Humberto Ustáriz is a go-to specialist on regulation concerning the capital markets, including fintech-related issues; he has recently provided compliance advice to BBVA Valores and Itaú Comisionista de Bolsa Colombia, among others. Jose Federico Ustáriz co-heads the department and is also noted for regulatory and compliance work. The team additionally draws on a deep pool of experienced non-partners, including seasoned counsel Pablo Valencia, who specialises in corporate and public contracts; Manuel Antonio García, who is associate director of the risk practice; and senior counsels Calixto Anaya (who joined in April 2023 from Fiduciaria Scotiabank Colpatria) and Mario Fajardo (who arrived in November 2023 from Fiduciaria Popular). Senior associate Andrés Pineda left for Fondo Nacional de Garantías in November 2023.