Who's Who Legal
Who's Who Legal
New to Who's Who Legal?
New to Who's Who Legal?
Menu
User Menu
New to Who's Who Legal?
Thought Leaders

Thought Leaders

Thought Leader

WWL Ranking: Thought Leader

WWL says

Olivier Favre is a key figure in the banking market according to peers who effuse: “You need a lawyer like Mr Favre.”

Questions & Answers

Olivier Favre is a partner in Schellenberg Wittmer's banking and finance group in Zurich. Olivier focuses on derivatives, structured finance and capital markets transactions, and advises clients on financial services, securities, commodities, fund, insurance and reinsurance regulation. He advises clients on financing and capital markets transactions, and on fintech solutions and their legal implementation. His clients include financial institutions, buy-side firms, issuers, insurance companies and industry associations.

What inspired you to pursue a legal career?

The desire to work on challenging matters every day, an interest in doing "deep dives" into new subjects and the international nature of the work.

What do clients look for when selecting their counsel?

Besides the delivery of work via products that are to the point, based on a thorough legal analysis and produced efficiently, we see that clients really appreciate it if the law firm knows their industry and "speaks the same language" as they do.

What are the main challenges currently facing those working in the Swiss banking and finance space?

Not being part of the EU comes with advantages and disadvantages. One of the challenges remains the question on how to ensure continued market access to the EU, or how to improve EU market access. A further challenge for regulated financial market participants is the impact of new service providers offering some services from unregulated platforms, and the question whether and how to improve the client’s own offering in the digital age. A challenge also lies in the development of new product offerings in the current low interest rate environment, and the replacement of IBORs by new benchmarks.

What qualities distinguish Schellenberg Wittmer from its competitors in the market?

We work seamlessly across different practice groups and can pull together the right people with the most relevant expertise for each specific question. We have an international network in foreign markets and can bring in colleagues from foreign law firms to the transactions as needed.

In your opinion, what will be the long-term effects of the covid-19 pandemic on the banking industry?

The pandemic has accelerated internal changes across firms (e.g. working remotely, online meetings, internal education through virtual tools) and the deployment of solutions for the digital delivery of work products. It has been a "stress test" for these different tools, and firms have become more confident in relying on these. We have also seen a greater acceptance of part-time working, which may continue to be the case in the future. In terms of product offerings, cashless payment solutions and digital communication tools are here to stay.

To what extent is technology revolutionising the nature of your work?

Technology is helping us in some tasks we do as a law firm (e.g. legal research, data remediation, due diligence). For other work, the technology is not fully developed just yet (e.g. contract drafting), but it may be at some point in the future. Where it is possible to work more efficiently with a tech solution, we see it as a key point to discuss with the client from the outset, as to what options are available.

What insights have you gained from working with a range of clients from regulators to insurance and fintech companies?

Working with different clients in a particular industry allows us to get a feeling for the "market standard" approach to certain solutions, and when to depart from a market standard offering. We are also taking an active role in industry associations and are providing the "legal view" on points that are discussed in industry groups as standards. As outside counsel, we have the benefit of working with many clients and see many different ways of approaching the same issue.

What is the most memorable case that you have been a part of?

We acted as legal counsel to the Swiss Bankers Association on a Master Agreement for OTC Derivatives, which became the market standard contract for OTC derivatives transactions governed by Swiss law.

Global Leader

Banking - Finance 2020

Professional Biography

WWL Ranking: Recommended

WWL says

Olivier Favre is a key figure in the banking market according to peers who effuse: “You need a lawyer like Mr Favre.”

Biography

Olivier Favre is a partner in the firm’s banking and finance group in Zurich. Olivier focuses on derivatives, structured finance and capital markets transactions, and advises clients on financial services, securities, commodities, fund, insurance and reinsurance regulation. He advises clients on financing and capital markets transactions and on fintech solutions and their legal implementation. His clients include financial institutions, buy-side firms, issuers, insurance companies and industry associations.

Olivier’s recent workload includes: advising on the implementation of fallback clauses for derivatives contracts referencing LIBOR benchmarks; advising on the compliance with initial margin requirements for uncleared OTC derivatives transactions; drafting the netting opinion published by the ISDA for international financial institutions set up in Switzerland; advising on the issuance of high-yield debt instruments; registering programmes for the issuance of structured products, warrants and debt instruments with SIX Swiss Exchange; advising on the issuance of stable coins backed by crypto assets; advising on Swiss law aspects of Brexit planning; and advising on the enforceability of a new master agreement for securities lending transactions with pledging of assets as collateral.

Olivier is recommended as a leading lawyer by Chambers and Partners, The Legal 500 and WWL.

Olivier obtained a doctorate in law from the University of Zurich (iur, 2003) and a master’s in law from Harvard Law School (LLM, 2004). For his doctoral thesis, he received the Issekutz Award for outstanding achievements in business law.

Prior to joining Schellenberg Wittmer as an associate in 2009, Olivier practised as an attorney in London, specialising in OTC derivatives and structured finance transactions, fund products and capital markets transactions. He also worked as an associate at Allen & Overy (2004–2007) and as legal counsel at Goldman Sachs (2007–2009).

Banking - Regulatory 2020

Professional Biography

WWL Ranking: Global Elite Thought Leader

WWL says

Olivier Favre has “very profound knowledge in legal and regulatory matters relating to financial services in general, as well as with blockchain assets and their trading”.

Biography

Olivier Favre is a partner in the firm’s banking and finance group in Zurich. Olivier focuses on derivatives, structured finance and capital markets transactions, and advises clients on financial services, securities, commodities, fund, insurance and reinsurance regulation. He advises clients on financing and capital markets transactions and on fintech solutions and their legal implementation. His clients include financial institutions, buy-side firms, issuers, insurance companies and industry associations.

Olivier’s recent workload includes: advising on the implementation of fallback clauses for derivatives contracts referencing LIBOR benchmarks; advising on the compliance with initial margin requirements for uncleared OTC derivatives transactions; drafting the netting opinion published by the ISDA for international financial institutions set up in Switzerland; advising on the issuance of high-yield debt instruments; registering programmes for the issuance of structured products, warrants and debt instruments with SIX Swiss Exchange; advising on the issuance of stable coins backed by crypto assets; advising on Swiss law aspects of Brexit planning; and advising on the enforceability of a new master agreement for securities lending transactions with pledging of assets as collateral.

Olivier is recommended as a leading lawyer by Chambers and Partners, The Legal 500 and WWL.

Olivier obtained a doctorate in law from the University of Zurich (iur, 2003) and a master’s in law from Harvard Law School (LLM, 2004). For his doctoral thesis, he received the Issekutz Award for outstanding achievements in business law.

Prior to joining Schellenberg Wittmer as an associate in 2009, Olivier practised as an attorney in London, specialising in OTC derivatives and structured finance transactions, fund products and capital markets transactions. He also worked as an associate at Allen & Overy (2004–2007) and as legal counsel at Goldman Sachs (2007–2009).

WWL Ranking: Recommended

WWL says

Olivier Favre focuses his exceptional corporate practice on capital markets regulation, structured transactions and securities.

Biography

Olivier Favre is a partner in the firm’s banking and finance group in Zurich. Olivier focuses on derivatives, structured finance and capital markets transactions, and advises clients on financial services, securities, commodities, fund, insurance and reinsurance regulation. He advises clients on financing transactions and on fintech solutions and their legal implementation. His clients include financial institutions, buy-side firms, issuers, fintech services providers, insurance companies and industry associations.

Olivier’s recent expertise includes: Swiss counsel in registration of structured products programmes and issuance of structured products and notes; advice on implementation of variation and initial margin requirements for uncleared derivatives; advice on the implementation of indirect clearing arrangement for exchange-traded derivatives; counsel in equity financing transactions, where investors are building stakes for strategic investment purposes in Swiss companies by using equity derivatives transactions; advice on the issuance of tokens and on the setup of a crypto-assets brokerage activity.

Olivier obtained a doctorate in law from the University of Zurich (iur, 2003) and a master’s in law from Harvard Law School (LLM, 2004). For his doctoral thesis, he received the Issekutz Award for outstanding achievements in business law.

Prior to joining Schellenberg Wittmer as an associate in 2009, Olivier practised as an attorney in London, specialising in OTC derivatives and structured finance transactions, fund products and capital markets transactions. He was an associate at Allen & Overy LLP (2004–2007) and a legal counsel at Goldman Sachs (2007–2009).

National Leader

Switzerland - Banking 2020

Professional Biography

WWL Ranking: Recommended

WWL says

Olivier Favre ranks highly among peers who commend his “extremely strong banking practice”.

Biography

Olivier Favre is a partner in the firm’s banking and finance group in Zurich. Olivier focuses on derivatives, structured finance and capital markets transactions, and advises clients on financial services, securities, commodities, fund, insurance and reinsurance regulation. He advises clients on financing and capital markets transactions and on fintech solutions and their legal implementation. His clients include financial institutions, buy-side firms, issuers, insurance companies and industry associations.

Olivier’s recent workload includes: advising on the implementation of fallback clauses for derivatives contracts referencing LIBOR benchmarks; advising on the compliance with initial margin requirements for uncleared OTC derivatives transactions; drafting the netting opinion published by the ISDA for international financial institutions set up in Switzerland; advising on the issuance of high-yield debt instruments; registering programmes for the issuance of structured products, warrants and debt instruments with SIX Swiss Exchange; advising on the issuance of stable coins backed by crypto assets; advising on Swiss law aspects of Brexit planning; and advising on the enforceability of a new master agreement for securities lending transactions with pledging of assets as collateral.

Olivier is recommended as a leading lawyer by Chambers and PartnersThe Legal 500 and WWL.

Olivier obtained a doctorate in law from the University of Zurich (iur, 2003) and a master’s in law from Harvard Law School (LLM, 2004). For his doctoral thesis, he received the Issekutz Award for outstanding achievements in business law.

Prior to joining Schellenberg Wittmer as an associate in 2009, Olivier practised as an attorney in London, specialising in OTC derivatives and structured finance transactions, fund products and capital markets transactions. He also worked as an associate at Allen & Overy (2004–2007) and as legal counsel at Goldman Sachs (2007–2009).

WWL Ranking: Recommended

WWL says

Peers claim Olivier Favre is “fantastic in the derivatives field” and provides “top-notch regulatory advice” to his clients.

Biography

Olivier Favre is a partner in the firm’s banking and finance group in Zurich. Olivier focuses on derivatives, structured finance and capital markets transactions, and advises clients on financial services, securities, commodities, fund, insurance and reinsurance regulation. He advises clients on financing transactions and on fintech solutions and their legal implementation. His clients include financial institutions, buy-side firms, issuers, fintech services providers, insurance companies and industry associations.

Olivier’s recent expertise includes: Swiss counsel in registration of structured products programmes and issuance of structured products and notes; advice on implementation of variation and initial margin requirements for uncleared derivatives; advice on the implementation of indirect clearing arrangement for exchange-traded derivatives; counsel in equity financing transactions, where investors are building stakes for strategic investment purposes in Swiss companies by using equity derivatives transactions; advice on the issuance of tokens and on the setup of a crypto-assets brokerage activity.

Olivier obtained a doctorate in law from the University of Zurich (iur, 2003) and a master’s in law from Harvard Law School (LLM, 2004). For his doctoral thesis, he received the Issekutz Award for outstanding achievements in business law.

Prior to joining Schellenberg Wittmer as an associate in 2009, Olivier practised as an attorney in London, specialising in OTC derivatives and structured finance transactions, fund products and capital markets transactions. He was an associate at Allen & Overy LLP (2004–2007) and a legal counsel at Goldman Sachs (2007–2009).

WWL Ranking: Recommended

WWL says

Olivier Favre is a top name in the Swiss insurance market where he is singled out for his impressive understanding of insurance regulation. 

Biography

Olivier Favre is a partner in the firm’s banking and finance group in Zurich. Olivier focuses on derivatives, structured finance and capital markets transactions, and advises clients on financial services, securities, commodities, fund, insurance and reinsurance regulation. He advises clients on financing transactions and on fintech solutions and their legal implementation. His clients include financial institutions, buy-side firms, issuers, insurance companies and industry associations.

Olivier’s recent expertise includes: advice on regulatory requirements for inbound cross-border insurance business to the Swiss market; advice on group insurance products; set-up and licensing of Swiss direct insurance company and of Swiss branch of foreign direct insurance company; registration of insurance brokers with the Swiss regulator; advice on the regulation of the asset management activities of a reinsurance company and on its regulatory and disclosure obligations with respect to trading activities in securities and financial instruments.

Olivier obtained a doctorate in law from the University of Zurich (iur, 2003) and a master’s in law from Harvard Law School (LLM, 2004). For his doctoral thesis, he received the Issekutz Award for outstanding achievements in business law.

Prior to joining Schellenberg Wittmer as an associate in 2009, Olivier practised as an attorney in London, specialising in OTC derivatives and structured finance transactions, fund products and capital markets transactions. He also worked as an associate at Allen & Overy LLP (2004–2007) and as a legal counsel at Goldman Sachs (2007–2009).

Law Business Research
Law Business Research Ltd
Meridian House, 34-35 Farringdon Street
London EC4A 4HL, UK
© Law Business Research Ltd 1998-2020. All rights reserved.
Company No.: 03281866