Lisa Penn-Lettsome

Lisa Penn-Lettsome

Senior Counsel

T +1 284 852 2241
M +1 284 346 0564

Practice Areas

Lisa Penn-Lettsome is senior counsel in the Global Finance and Corporate Groups of Walkers' British Virgin Islands office.

Lisa presently heads the BVI’s Regulatory Department where she is largely responsible for issuing regulatory advice on financial services legislation, applications to the BVI Financial Services Commission for financial services licences and on-going regulatory filings on behalf of clients, ship registrations and shipping financings, regulatory reporting for acquisitions and reorganizations affecting BVI regulated entities, and trade mark and patent registrations. Her practice has been expanded to include various regulatory and international compliance initiatives impacting the BVI and monitoring the development of these. She advises on a variety of transactions (acquisitions, mergers, restructurings, and disposal transactions), asset financings (yacht and real estate financings and re-financings), particularly in relation to financial regulated activities. She also regularly advises on the taking of security and the attendant registration requirements within the British Virgin Islands in relation to a number of different asset classes, including over vessels. She is regularly instructed by major banks, financial institutions, multi-national corporations and high net worth individuals.

Prior to joining Walkers, Lisa worked as Acting Registrar of the High Court, Registrar of Companies, Magistrate and Supervisor of Elections for the Government of the British Virgin Islands and more recently spent five years as the Deputy Managing Director of the British Virgin Islands Financial Services Commission.

Admitted In:
British Virgin Islands

Master of Laws, School of Financial Services, University of New South Wales
International Diploma in Compliance, University of Manchester Business School & International Compliance Association
Law degree with Honours, University of the West Indies

2019 Legal 500 - Recommended Lawyer - Banking, Finance & Capital Markets

2019 Legal 500 - Recommended Lawyer - Corporate & Commercial

2019 IFLR 1000 - Rising Star

2018 Legal 500 - Recommended Lawyer - Banking, Finance & Capital Markets

2018 Legal 500 - Recommended Lawyer - Corporate & Commercial

​2018 IFLR 1000 - Rising Star

2017 Legal 500 - Recommended Lawyer - Corporate & Commercial)

2016 Legal 500 - Recommended Lawyer - Corporate & Commercial)

​Lisa serves as one of two independent assessors for the British Virgin Islands' National Risk Assessment, launched in April 2014.

In February, 2006 Lisa was elected as President of the BVI Bar Association. She was also the first Chairman of the BVI’s Financial Investigations Agency. For over five years, she served as the Secretary of the BVI’s Reporting Authority established under the Proceeds of Criminal Conduct Act. Lisa is a member of the Society of Trust and Estate Practitioners, the International Compliance Association, and the Offshore Institute. She is also a member of the British Virgin Islands Reading Council and the International Reading Association. ​