Walkers' Guernsey team advises Platinum Compliance on sale to Ocorian

Walkers has advised on the acquisition of Platinum Compliance – a leading Guernsey-based compliance consultancy – by international corporate and fiduciary services provider Ocorian.

A team led by Of Counsel Sam Shires, supported by Associate Angela Proctor, advised on the Guernsey corporate law elements of the transaction, which completed last month.

Platinum Compliance's regulatory and compliance services will now be also offered by Ocorian as part of an integrated client service offering.

Sam said: "We are very pleased to have been able to support this significant transaction.

"Deals of this kind within the financial services and regulatory industry are complex by nature, but our growing team across corporate, regulatory and finance practice groups have experience in advising clients on the necessary legal and regulatory processes."

Lindsay Fox, the founder of Platinum Compliance who will continue to lead the business, said: "I was very grateful for the assistance provided by Walkers in completing the transaction in a tight timeframe during a period of lockdown in Guernsey; they were extremely responsive and helpful."

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