Lodewijk Van Setten

Lodewijk Van Setten

Senior Counsel

T +1 284 852 2231
M +1 284 542 2231

Practice Areas

Lodewijk Van Setten is a senior counsel in the Global Regulatory & Risk Advisory Group. He is based in the BVI office and brings more than 20 years' experience in financial services regulatory and risk management matters, having worked in Europe and Asia before moving to the BVI.

Lodewijk advises financial institutions and FinTech market participants on a broad spectrum of product offerings. He has in-depth understanding of all categories of investment and trading products, ranging from investment funds to OTC derivatives and securities financing, and including a wide variety of products and services based on blockchain technologies. Typical matters concern strategic and risk based advice in connection with the structuring of new or developing business models and transactions, impact assessments, gap analyses, licence applications, authorisations, registrations and notifications. His expertise ranges across the regulatory spectrum from authorisation and regulatory expectations of governance models to anti-money laundering and terrorist financing requirements, sanctions, exchange of tax information (CRS and FATCA), economic substance requirements, reporting of beneficial ownership and data protection regimes.

Prior to joining Walkers, Lodewijk worked at a private practice firm in London, where he was a financial services regulatory senior consultant at Taylor Wessing, Allen & Overy and KPMG.

He was also formerly a managing director at Morgan Stanley’s investment management division responsible for Europe and Asia as International General Counsel and subsequently as International COO.

And before that, he was at State Street’s investment management arm in London as European Counsel, having started out in private practice in Amsterdam at NautaDutilh and then at Clifford Chance.

Admitted In:
British Virgin Islands
England and Wales (not practising)
The State of New York (not practising)
The Netherlands (not practising)

LL.M, University of Utrecht, The Netherlands
PhD (Law), University of Utrecht, The Netherlands
LL.M, Duke University School of Law, North Carolina, USA

2021 Legal 500 - Leading Individual - Regulatory & Compliance


Lodewijk has been a Visiting Professor of Financial Law at The Dickson Poon School of Law, King's College in London for over 15 years; he teaches a financial services and investment course in the LLM programme. He is also a Visiting Fellow at the Universities of Nijmegen and Leiden in The Netherlands and teaches on the regulation and liability of asset managers in the LLM programme of the University of Leiden.

Lodewijk publishes regularly on financial services and markets topics. His most recent publications include:

  • Law and Regulation of Financial Advice, Investment Management, and Trading (Oxford University Press, Feb 2019), 369pp.
  • ‘Risk, Risk Management, and Internal Controls’, in Governance of Financial Institutions (D Busch & G Ferrarini, eds, Oxford University Press, Feb 2019), 25pp.
  • Alternative Investment Funds in Europe – Law and Practice (L Van Setten & D Busch, eds, Oxford University Press 2014), 474pp.
  • ‘England and Wales’, in Liability of Asset Managers (D Busch & D Demott, eds, Oxford University Press 2012) 31pp (with T Plews).
  • The Law of Institutional Investment Management (Oxford University Press 2009), 350pp.

Member of the Advisory Board of the Advanced Master Law & Finance at the University of Leiden in the Netherlands.

Member of the Digital Asset Working Group (DAWG) organized by BVI Finance, the industry association.  The DAWG is focused on promoting the facilitation of blockchain based business models in the BVI and includes sector participants, regulators, and legal practitioners.