Loyens & Loeff has announced the nomination of Michael Schweiger as a local partner of the firm’s banking & finance practice, effective immediately.
Schweiger, who has been with the firm as counsel since February 2019, will continue to head the firm’s financial regulation practice and providing their high-profile clientele with strategic regulatory and corporate governance. Prior to joining Loyens & Loeff, he was a member of the executive committee at RBC (Royal Bank of Canada), an international bank regulated by the European Central Bank for over a decade.
Schweiger has acquired extensive expertise and experience implementing large-scale projects and provides general advice regarding banking, regulatory, and corporate governance matters and regularly advises banks, insurers, fintechs and asset managers on regulatory compliance, licensing and governance and on-site inspections. Working in Luxembourg since 2008, he previously practised corporate, commercial and insolvency law in Canada. He is qualified to work as a solicitor in England and Wales and and is member of the Luxembourg and Canadian bar associations.
With more than ten offices around the world, Schweiger’s appointment is part of the firm’s broader growth strategy and allows it to reinforce its dominance in one of its home judiciary markets.