PR91381

GEORGE TOWN, Cayman Islands, August 31, 2021, /PRNewswire=KYODO JBN/--

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