Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, August 31 2021 - 19:00
AsiaNet
Walkers Expands Market Leading Professional Services to the BVI
GEORGE TOWN, Cayman Islands, August 31, 2021, /PRNewswire-AsiaNet/--

Leading provider of legal and professional services, Walkers, has announced 
that Walkers Professional Services (WPS) is expanding its operations to the 
British Virgin Islands (BVI). In the past year, WPS has made a number of 
strategic senior hires with a core focus on providing corporate, corporate 
governance, regulatory compliance and fiduciary services to corporate and 
institutional clients across global financial centres.

The increase in international and domestic regulation has led to a flight to 
quality for many market participants gravitating towards service providers with 
integrated legal, fiduciary and corporate services offerings. In conjunction 
with Walkers, WPS can provide the necessary infrastructure and scale to 
comfortably navigate ever-increasing regulatory demands on behalf of its client 
base. 

WPS' investment in technology and process driven applications ensures that 
clients are in compliance with regulatory requirements. The firm's success in 
the Cayman Islands, Bermuda, Ireland and the UAE is driven by the 
responsiveness of its teams and use of digital applications, a model that WPS 
will replicate in the BVI. The WPS service offering is also fully aligned with 
Walkers' market leading Regulatory and Risk Advisory practice, which is made up 
of multiple experts in the financial services, insurance and fintech sectors, 
and who advise clients on a comprehensive range of regulatory matters.

Steven Manning, CEO of Walkers Professional Services, states, "Our clients have 
long told us that they would value the expansion of WPS' service offering to 
include the BVI. One of the main drivers for this move is the increasing demand 
we are seeing from our institutional client base in Europe and Asia in 
particular for the kind of high quality, integrated professional services that 
WPS provides. We intend to be a major force in the professional services 
industry in the BVI, growing and developing talent in the jurisdiction while 
providing outstanding client service."

The move into the BVI market signals Walkers' ongoing commitment to the 
jurisdiction. The BVI is a leading centre for financial services and is 
internationally recognised for its robust regulatory regime and well-developed 
corporate infrastructure. 

About Walkers & WPS

Walkers is a leading international law firm. We provide legal, corporate, 
fiduciary and compliance services to global financial institutions, investment 
banks, capital markets participants, Fortune 500 corporations, arrangers, 
promoters and managers, Magic Circle and AmLaw 100 law firms, accounting firms, 
partnerships, trust companies and other fiduciaries. 

Walkers Professional Services (WPS) is a leading provider of corporate, 
corporate governance, regulatory compliance and fiduciary services to corporate 
and institutional clients across global financial centres. WPS delivers market 
leading expertise and value for spend through its unique integrated legal and 
professional services team and state of the art technology. 

For more information, please contact:
Robert Hazelton
Communications Manager
T +44-(0)-20-3880-4918
E robert.hazelton@walkersglobal.com 

SOURCE: Walkers
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