Raphael Toman

Associated Partner

About Raphael Toman
Raphael represents financial services providers in matters before civil and administrative courts. His clients rely on his legal advice on regulatory issues, anti-money laundering compliance and cryptocurrencies. He also specializes in supporting clients from various industries in (cross-border) dispute resolution.

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
Latest insights by
Raphael Toman
BRANDL TALOS advised AG Capital on set-up of Austrian Growth Capital Fund, alongside Van Campen Liem
Press release • Fund Formation from Roman Rericha, Markus Arzt, Raphael Toman
AG Capital announced its successful first closing of Austrian Growth Capital Fund with capital commitments of EUR 140 million. The fund targets small and medium sized enterprises in Austria and neighbouring countries and shall contribute to close the existing financing gap for growth and buy-out capital in the domestic market. BRANDL TALOS advised AG Capital and C-Quadrat Investment AG, the initiators of the Austrian Growth Capital Fund, on the Austrian law aspects of the implementation of the fund set-up.
BRANDL TALOS advises AC Immune on the Acquisition of Parkinson's Disease Vaccine Candidate
 • Corporate Law & Transactions from Roman Rericha, Stephan Strass, Raphael Toman, Alexander Stücklberger, Elena Ciresa
Alongside Bär & Karrer, BRANDL TALOS advises AC Immune on the Strategic Acquisition of Industry-leading Parkinson's Disease Vaccine Candidate and Equity Investment
BRANDL TALOS advises RIDDLE&CODE on registration proceedings before the FMA
Press release • Banking, Insurance and Securities Regulation Law from Raphael Toman
Fintech company RIDDLE&CODE FinTech Solutions has been successfully authorized by the Austrian Financial Market Authority (FMA) as a "virtual currency service provider". This makes the company one of the first to receive the corresponding authorization in Austria.