Career Biography

Rafael Llamas Limón is a senior corporate and financial lawyer with more than twodecades of experience in highly regulated and international environments. Since2010, he has been part of HSBC Mexico, where he has held senior legal leadershiproles supporting International Wealth and Private Banking, Digital Legal Services andregional operations across Latin America.Recently, he assumed the role of Deputy General Counsel for Corporate andInstitutional Banking for Latin America and Mexico, further expanding hisresponsibilities across strategically important businesses and jurisdictions.His career is distinguished by the combination of legal leadership, strategic insightand the ability to manage complex risks with regulatory, operational, reputational andcommercial implications. He has provided comprehensive legal advice acrossfinancial services, including retail banking, private and wealth banking, insurance,asset management, corporate services and digital projects.Among his key achievements, he designed and led the end-to-end implementation ofMexico’s data protection legislation within HSBC Mexico, including the drafting of thefirm’s corporate Privacy Notice. He also led the legal advisory work supporting theimplementation in Mexico of the international tax transparency standards FATCA andCRS, as well as projects aimed at eliminating operational and reputational legal risks.He has played a central role in the prevention of financial crime by leading legaladvice on anti-money laundering frameworks and regulatory compliance. In addition,he served as HSBC Mexico’s institutional legal lead for the 2014 Financial Reformproject, helping ensure compliance with the requirements of the National Bankingand Securities Commission (CNBV) and the Bank of Mexico.His experience includes the completion and execution of complex mergers andacquisitions involving HSBC Mexico subsidiaries, together with advisory work oncompetition law, data sharing, information protection, intellectual property,insurance, contracts and cross-border projects across Latin America.Before joining HSBC, he worked as a senior lawyer at recognised firms, advising oninternational M&A transactions, joint ventures, banking and finance, insurance andsurety. He was also appointed interim General Counsel of two international insuranceinstitutions and advised on the structuring of significant syndicated loan facilities.He holds an LL.M. in International Business Law from the University of Liverpool,where he received the International Bursary Award. He also holds a law degree fromUniversidad Iberoamericana. He studied international law at The Hague Academy of
INTERNALInternational Law and completed the Advanced Leadership Core Program atHSBC/IPADE Business School.