Ángel Muñoz specialises in derivative transactions, treasury products, structured finance and securitizations. Additionally, he provides advice to clients with respect to regulatory topics in the financial markets.
- International and domestic banks, insurance companies, asset managers and corporations on OTC derivative transactions, negotiation of Master Agreements and their corresponding collateral arrangements (ISDA & CSA IM-VM / CMOF / EMA) and their corresponding confirmations (IRS, FX, CDS & Commodities), cleared derivatives (ISDA/FIA Client Clearing Addendum), repo and stock loan transactions (GMRA / GMLSA).
- Domestic banks and corporations on regulatory framework implementation (EMIR, MiFID II, MiFIR, PSD2).
- Spanish Regulator on the preparation of their standard ISDA Schedule and ISDA Credit Support Annex considering regulatory and commercial perspectives.
- International and domestic banks on close-out netting regulations for OTC derivatives and cleared derivatives (CCPs, Clearing Members and Clients) in Spain.
- Preparation of the draft Novación Modificativa del Contrato Marco de Operaciones Financieras para su adaptación al Reglamento EU 2016/1011 in order to comply with the Benchmark Regulation for use with the CMOF Master Agreement (based on the ISDA Benchmark Supplement).
- Management and implementation of the IBOR Transition for the worldwide Santander Corporate Investment Banking Division: Drafting of templates and playbooks for different products (i.e. bilateral and syndicated loans, deposits, receivables, derivatives, collateral, confirming, repos, etc.), including legal opinions and strategic legal advice.
- Spanish and international companies in the negotiation of a synthetic Power Purchase Agreement with several Spanish off-takers.
- Neoelectra in connection with trading CO2 emission rights.
- Companies on CO2 Carry-on notes.
- Banco Santander in connection with synthetic securitization of auto loan portfolio using a Spanish securitization vehicle Fondo de Titulización Santander Consumer Spain Synthetic Auto 2018-1.
View all news and client work featuring Ángel Muñoz
Career and
qualifications
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Law Degree from Universidad de Salamanca 2009
Admitted as an Abogado in Madrid 2009
Banco Santander S.A. 2010
Barclays Bank Plc & Barclays Capital Securities Ltd 2013
International law firm 2015
Joined Clifford Chance 2018
Professional
bodies
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Member of the Madrid Bar Association