Lucy Frew

Lucy Frew

Partner

T +1 345 814 4676
M +1 345 939 4676
E lucy.frew@walkersglobal.com

Practice Areas

Lucy Frew is a Partner based in Walkers' Cayman Islands Office and heads the Regulatory & Risk Advisory Group. She joined in 2016 and brings more than 16 years' experience as a specialist financial regulatory and risk management advisory lawyer.

Lucy's clients are financial institutions across the international and domestic spectrum, including a range of banks, investment fund managers, administrators, advisers, brokers and trading venues. Lucy also offers significant experience in advising on financial technology. Typical matters range from strategic advice, regulatory gap analysis and regulatory impact assessments to the full range of financial regulatory applications and notifications as well as day-to-day financial regulatory compliance, anti-money laundering and terrorist financing requirements, international sanctions, CRS and FATCA, marketing of investment products and services, confidential information and data protection, outsourcing, business continuity and disaster recovery, regulatory capital requirements, corporate governance and risk management. Throughout Lucy's career she has assisted clients with putting regulatory policies, procedures and compliance monitoring programmes in place, as well as advising on the regulatory aspects of transactional documentations and service provider agreements. Lucy has a long track record of assisting clients with contentious financial regulatory matters and investigations and handling relationships with regulators. Most of Lucy’s matters have a cross-border element and she frequently advises clients on extra-territorial regulatory impact, for example AIFMD considerations for non-EU entities or reflecting Cayman Islands regulatory requirements in the context of global policies and procedures.

Prior to joining Walkers, Lucy headed the financial regulatory practice at her former firm in London. As well as having advised financial institutions in private practice in international law firms in London since 2001, she also brings in-house experience as legal counsel at UBS and was also seconded for ten months to the UK Financial Conduct Authority. Lucy gained significant experience as a litigator in heavyweight cases for financial institutions before specialising in financial regulation and, prior to 2001, practiced as a barrister.

Admitted In:
British Virgin Islands
Cayman Islands
England and Wales

Qualifications:
LLB (Hons) in Law, King's College, University of London, UK
Called to the Bar November 1998, Honourable Society of the Middle Temple, UK
Bar Vocational Course, Inns of Court School of Law, UK
Admitted to the Roll of Solicitors, UK

Lucy has served on many boards and committees, with a particular focus on regulation, risk management, corporate governance, remuneration and prevention of financial crime and cyberattack. She has also been actively involved in many industry working groups, including AIMA and Cayman Finance working groups, including in relation to market ethics guidance, AIFMD, MiFID II/MiFIR and MAR, and is a member of 100 Women in Hedge Funds. She has recently completed a term of just under four years as an elected member of the City of London Corporation, which runs the City of London financial district and promotes the financial industry.

ADVISORY
EVENTS
ARTICLES
NEWS