Local 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 says that it 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 says that its 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’ 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,...
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