Mr Pablo Valencia > Ustáriz & Abogados Estudio Jurídico > Bogota, Colombia > Lawyer Profile

Ustáriz & Abogados Estudio Jurídico
CARRERA 11A # 96-51

Work Department

Banking & Finance, Dispute Resolution




Partner at Holguín, Neira & Pombo as well as at Trías & Valencia Abogados with more than 30 years of experience. As partner, he has provided advice about Merges and Acquisitions, Distribution Contracts, Outsourcing Contracts, Sale of Corporations, Collaboration Contracts and Contracts of Technical Advice and Assistance. Likewise, has advised in matters of public contracts, including offers, terms and conditions and celebration, execution and clearing of public contracts. He has been attorney at the Review Division of the Baking Superintendence; Assistant at the Fiduciary Legal Vice-presidency and head of the Bankruptcy Division at the Banco de Colombia (today Bancolombia); Head of the Collateral Division of the Fiduciaria Alianza S.A.; Secretary General of the Financial Corporation Finanzas y Proyectos S.A.; He is currently member of many Boards of Directors.


English, Spanish


Attorney-at- law – Universidad de los Andes and Graduate Degree on Financial Legislation – Universidad de los Andes.

Lawyer Rankings

Colombia > Capital markets

With a particularly noteworthy list of stockbrokers among its clients, longstanding finance boutique Ustáriz & Abogados Estudio Jurídico is lauded for its specialised capital markets knowledge, particularly as regards regulation and products. Luis Humberto Ustáriz‘s extensive in-house experience includes roles at the Bogotá stock market’s self-regulating body; while José Federico Ustáriz, formerly in house at Corporación Financiera Colombiana, has extensive experience as legal controller in financial institutions and a postgraduate capital markets qualification. The pair co-head an eight-strong team which acts for international investment banks, brokerage firms and trust companies. Its advisory ranges from consultancy regarding securities issuance and the legal risk of potential investments, to securities compliance services, all of which is overseen by new practice director Adriana Rivera, a September-2020 hire from Alianza Fiduciaria – Alianza Valores. The team also includes Pablo Valencia, a senior figure with over 30 years’ finance-sector experience, both in house and in private practice. Recent matters include advisory to Fondo Nacional de Garantías to ensure its guarantees cover the bonds issues by real estate companies in the secondary market; and elaborating of ISDA Master Agreements for both local and foreign financial entities. The team has also been particularly active in the regulatory compliance segment – where (non-lawyer) risk specialist Manuel Antonio García C comes to the fore – advising clients Itaú Comisionista de Bolsa, Skandia Valores, Casa de Bolsa, BBVA Valores and Fiduciaria de Occidente, among others.

Colombia > Banking and finance

Lauded for its knowledge of the sector, its participants, products and services, Ustáriz & Abogados Estudio Jurídico is an established boutique with a close -although not exclusive- focus on banking, finance and insurance-related matters. Acting primarily for a range of banks, finance and credit agencies, insurance companies and state entities, it stands out for its regulatory know-how and extensive experience of banking responsibility and fraud, as well as its knowledge of blockchain and fintech matters. Clients also highlight both its use of technology and reputation for training on banking and finance issues. Recent matters include counselling a financial institution on data and electronic fraud in relation to financial operations; acting as special legal counsel in various multi-hundred-million-dollar finance agreements, legal opinions on structuring matters and capital markets work (particularly in relation to ISDA Master Agreements). Partners Luis Humberto Ustáriz (‘conceptual clarity and the ability to structure novel solutions to problems‘) and Jose Federico Ustáriz (‘permanent availability‘ and ‘high quality deliverables‘) co-lead an eight strong team boosted by the September 2020 hire of Adriana Rivera, who, with a decade’s relevant experience both in house (Credicorp Capital, Banco Mundo Mujer Alianza Fiduciaria) and in the public sector (Superintendencia Financiera), arrives in private practice as head of the firm’s capital markets practice. Effectively a senior counsel at the firm, Pablo Valencia can draw on over 30 years’ experience (he too has been in house at various financial institutions including Banco de Colombia -now Bancolombia-, Fiduciaria Alianza and the Superintendencia Financiera). Completing the senior team Manuel Antonio García Cuello is an industrial engineer specialised in financial institutions, risk analysis and compliance.