Brexit

Following the result in the United Kingdom's EU referendum, Walkers has created a Brexit page dedicated to providing our clients relevant information about the jurisdictions in which we practise.

Read More

Walkers Asset Recovery

Fifteen Walkers lawyers were recognised in the 2017 Who's Who Legal Asset Recovery guide. This is more than any other global law firm worldwide.

Read More

Walkers Wins HFM Week Award

Walkers has been awarded the Best Offshore Law Firm Award for Client Service at the HFM Week US Hedge Fund Services Awards 2017.

Read More

Walkers is a leading international law firm. We advise on the laws of Bermuda*, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey.
GlobalMap
Powerwomen 200

Walkers in IFC Powerwomen Top 200

Six Walkers lawyers have been ranked in the 2017 edition of CityWealth's IFC Powerwomen Top 200.

 

More Information

Browse Professionals
by last name

  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • J
  • K
  • L
  • M
  • N
  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • W
  • X
  • Y
  • Z

Find a Professional
Search by one or more criteria


Lucy Frew's FinTech column: February 2018

Lucy Frew shares her views on topical FinTech issues with Practical Law subscribers.

In this edition of her column, Lucy considers the growth of cryptocurrency markets and the response of regulators.The surge in global cryptocurrency markets over the last year has been remarkable. From a legal perspective, it is notable that the response of worldwide regulators is not only inconsistent but in flux.

This document is published by Practical Law and can be found at: uk.practicallaw.com/w-004-8631

Click to view article

 

Funds Industry Focus: Efficiency and Costs Will Sharpen in 2018

Nicholas Blake-Knox, former Senior Legal Counsel of PIMCO's EMEA funds business who took up the role of head of investment funds at Walkers Ireland on January 1 assesses the economics of the asset management industry and the forces that are reshaping it. He also analyses the regulatory pipeline and potential Brexit complications facing the European and Irish funds industry.

To put it mildly, 2017 was an eventful year for the asset management and investment funds industry. Yet, despite the various geopolitical and regulatory headwinds that the industry has faced throughout the year, the number of Irish authorised investment funds and the respective assets under management have increased compared to 2016, based upon the latest available data.

Although increased AUM levels have been helped in part by record equity valuations, the number of new Irish fund authorisations during the period has been encouraging. Whilst the drivers for growth in the equity markets have been well documented and the Dow and FTSE have recently hit record highs, an increasingly competitive and cost conscious market environment, coupled with a more complex regulatory landscape, are likely to contribute to choppy waters for certain asset managers in 2018.

 

This article was originally published in Finance Dublin.

 

Click to view full article

Cybersecurity and Data Protection - Cayman Islands

Lucy Frew's latest article has been published in the Hedgeweek Cayman Islands Fund Services 2018 report.

Significant developments in the regimes for data protection and cybersecurity, together with increasing investor awareness, mean that these are key issues for hedge fund businesses in 2018.

Technological advances have brought great opportunities and efficiencies to the alternative investment fund industry but not without also introducing previously unimagined risks, irrespective of geographical location.

With the introduction of new domestic legislation in the form of the Data Protection Law, 2017 (DPL), new international regulation in the form of the General Data Protection Regulation (GDPR) and heightened regulatory scrutiny from the Cayman Islands Monetary Authority (CIMA), investor demands, as well as commercial and reputational risk sensitivity, mean that data protection and cybersecurity are topping hedge fund businesses priorities lists for 2018.

Regulation
Across the world, including the Cayman Islands, governments and regulators have been steadily increasing their focus and resources on cybersecurity. Ironically, it is also the legal and regulatory obligations to collect personal data resulting from new international data sharing regimes combined with cybersecurity concerns and innovative technology deployments which are making the regulation of personal data more complex than ever before.

CIMA had already announced in May 2016 that it sees cyber attacks as one of the key risks facing the financial sector in today’s digital environment.

CIMA has strongly encouraged licensees to assess their cybersecurity risks, reassess their strategies to ensure they are comprehensive and up-to-date for the current environment and to test their security programmes to identify vulnerabilities to their systems. CIMA had already made clear it will review licensees’ approaches to data security risk management and examine technical controls, incident response, and staff training. As part of its reviews, CIMA will also consider licensees’ ability to protect the confidentiality, integrity and availability of sensitive customer and other information.

Financial regulators, including CIMA, are typically not being prescriptive in setting out rules and standards to which alternative investment funds sector businesses must adhere. This makes sense given the breakneck pace of sophistication of both cyber attacks and prevention. However, CIMA is certainly increasing its focus on the issues of cyber risks and cybersecurity within the industry, especially as the industry is playing an everincreasing role in financing the economy.

Click to view full article

AIMA & Clifford Chance GDPR Implementation Guide

Walkers is pleased to have worked with AIMA, Clifford Chance, Akin Gump and others, in the production of this General Data Protection Regulation ("GDPR") implementation guide.

This Guide has been developed by the Alternative Investment Management Association (AIMA) and the AIMA GDPR Working Group, and is sponsored by Clifford Chance LLP.

The Guide is intended to assist AIMA members in their preparation and implementation of ‘Regulation (EU) No. 2016/679 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation)’, which will apply from 25 May 2018.

The Guide was developed in collaboration with the AIMA GDPR Working Group. In particular, AIMA would like to thank the following members for their contributions:

Rosemarie Paul, Akin Gump LLP
Rebecca Unverzagt, Bluebay Asset Management
Michelle Bedwin, BTG Pactual
Kriti Avasthi, Duet Group
Tushar Imam, eSentire
Jack Bosher, Janus Henderson
George Ralph, RFA
Lucy Frew, Walkers

 

Only AIMA members can access the GDPR Guide, which can be found here.

 

 

Ireland Listings Bulletin - Debt Securities

Welcome to our Listings Bulletin where we take an opportunity to reflect on the highlights of 2017 and to gaze into the 2018 crystal ball. From CLOs to sovereigns, and all forms of debt securities that fall in between, we highlight an impressive breadth of products and issuers who continue to choose the Irish Stock Exchange as their international exchange of choice and for whom Walkers Listing Services (WLS) was pleased to act as listing agent.

 

Click to view article

More Articles ...