Michael has a wide range of financial services and regulatory experience, and regularly advises banks, investment banks, securities houses and market infrastructure providers as well as central banks, regulatory authorities and market associations on both domestic and European financial services and regulatory issues.
He advised the Bank of England throughout the banking crisis, including on the Special Liquidity Scheme, the collapse of Lehman Brothers, Bradford & Bingley, the Icelandic banks and the recapitalisation of UK banks. Michael is one of the co-ordinating partners for the firm’s recovery and resolution work and is currently advising a number of G-SIFIs on their RRP planning.
‘Michael Raffan is “clear thinking, quick, efficient and knows this area of the law inside out”.’
Michael is listed as a leading individual for financial services in Chambers, Legal 500 and IFLR 1000. Michael led the team that advised the Bank of England on the Special Liquidity Scheme for which the team won the 2009 FT Innovative Lawyers Award for Legal Innovation in the Credit Crisis and the Downturn.
Career to date
Michael joined the firm March 1992 and became a partner 2001.