Raphael Toman


About Raphael Toman
Raphael advises financial services providers in proceedings before civil and administrative courts, as well as on regulatory issues, money laundering prevention, sanctions and crypto-assets. He also represents clients from various industries in (cross-border) litigation. Furthermore, he supports companies on data protection and is the data protection officer of a biotech company and an international sports association.

University of Vienna, Faculty of Law (Mag. iur. 2011, Dr. iur. 2019)
New York University, University of Vienna academic excellence scholarship (LL.M. 2017)
admitted to the New York bar (2017)
Stagiaire at the International Chamber of Commerce (2018)
» Raphael Toman is very experienced in banking laws and regulations. «
Legal 500
Working highlights
Representation of several financial services providers before the Supreme Administrative Court regarding cost notices issued by the Financial Markets Authority
Advising numerous banks, investment firms and insurance companies on the implementation of regulatory requirements (compliance, internal audit, anti-money laundering)
Representation of banks and financial services providers before the courts of public law (Supreme Administrative Court, Constitutional Court) in the context of regulatory proceedings and administrative criminal proceedings
Representation of a former bank CEO in an action for damages against the Republic of Austria for overlong administrative criminal proceedings

Development of a legal tech product for a large Austrian bank to facilitate financial transactions with Austrian municipalities
Representation of an Austrian depositary bank against investors which claimed alleged faulty advice with a total litigation value of approximately EUR 450 million