Walkers Fundamentals Seminar 2018

Join us at the Plaza Hotel, New York for our 11th annual Walkers Fundamentals Seminar on Tuesday 6 November 2018.

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Our lawyers advise clients ranging from global financial institutions leveraging cutting-edge technology, to start-ups changing the status quo with innovative products and services.

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Walkers Launches Compliance Services Offering

Walkers Compliance complements Walkers' legal, corporate and fiduciary services to deliver a one-stop-shop for clients looking to use the Cayman Islands jurisdiction for their business needs.

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Walkers IDR Among Top Global Law Firms in GRR 30

Walkers' Global Insolvency & Dispute Resolution Group has been ranked as the 13th strongest global law firm for restructuring and insolvency by Global Restructuring Review

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Walkers Leads Landmark Defence of Mega-Litigation

Ahmad Hamad Algosaibi Brothers Company (AHAB) v. Saad Investments Company Limited (In Official Liquidation) (SICL) and Others, a case in which claims and counterclaims at their height amounted to over US$17 billion.

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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.

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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 Oct2018
Promotions 2018

Walkers' Promotions Highlight Growth of Global Firm

We are pleased to announce that 8 attorneys across our 10 global offices have been invited to join the partnership. In addition, 18 associates have been promoted to senior counsel, or local equivalent.

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AML UPDATE – Deadline Extension for AML Officer Appointment Notification

The deadline for notifying the Cayman Islands Monetary Authority (‘CIMA’) of the appointment of AML officers by a regulated fund has been extended to 31 December 2018.

Unregulated funds have an obligation to appoint AML Officers and CIMA has confirmed that these appointments should be in place by 31 December 2018.

Click to view advisory

Bermuda creates new banking regime for FinTech businesses

The Bermuda Government has taken steps towards resolving a critical unmet need for FinTech companies in Bermuda and to remove a current impediment to the development of the island as a FinTech hub as a result of the reticence of Bermuda's domestic banks to provide banking facilities locally to FinTech businesses.

The Premier and Minister of Finance, The Hon. David Burt, JP, MP and his cabinet addressed this issue by introducing the Banks and Deposit Companies Amendment Act 2018, which was approved by the House of Assembly on 27th July 2018, which amends Bermuda's existing bank licensing framework under the Banks and Deposit Companies Act 1999 to enable the island's finance service regulator, the Bermuda Monetary Authority (the "BMA") to issue restricted banking licenses to banks to enable them to serve the FinTech sector.


Click to view advisory

Walkers Welcomes Advocate Kate Storey to Guernsey Office

Leading international law firm Walkers is pleased to announce that Kate Storey has joined its Guernsey office as a partner in the firm's Investment Funds and Corporate group.

Kate has 18 years of experience as a lawyer in the UK and Guernsey. She specialises in investment fund structuring and finance, equity fundraising and listings, mergers and acquisitions and group reorganisations. Kate is also a prominent Guernsey insurance expert, having advised on the Guernsey legal aspects for most of the pension scheme longevity swaps which have executed in Guernsey, as well as major insurance linked securities transactions.

Kate will be continuing her funds and corporate practices as well as heading up the Guernsey insurance team.

Walkers' Guernsey Managing Partner Louise Hall said:

Kate is a very well-known and highly regarded lawyer both in Guernsey and internationally and we are delighted to have her join our Guernsey finance, corporate and funds department.

Kate brings with her a great deal of experience in a number of specialist areas which complement the existing practice areas of the department. In addition, her recognised expertise in Guernsey insurance law and regulation will also enable us to meet client demands in an area which continues to be incredibly buoyant for Guernsey as an international finance jurisdiction.

Commenting on her appointment Kate Storey added:

"I am delighted to have joined Walkers which I feel has a fantastic reputation across the major offshore jurisdictions as the largest global offshore law firm. It also has a thriving Dublin office, which is a very attractive proposition. It is an exciting time to join, as Walkers is rapidly expanding in the Channel Islands. I look forward to further growing their already successful Investment Funds and Corporate practice in the Channel Islands."

Steps Cayman Funds Should Take Now to Comply With New Requirement to Appoint AML Officers

The September 30, 2018, deadline for funds formed in the Cayman Islands to comply with the new requirement to designate natural persons as anti-money laundering officers – i.e., Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer – is quickly approaching.

In a recent interview with The Hedge Fund Law Report, Walkers partner Lucy Frew discussed the new requirement arising from the Cayman Islands Anti-Money Laundering Regulations (2018 Revision) (2018 AML Regulations) to designate AML Officers, practical considerations for deciding whom to appoint to serve in these roles and steps that funds should take to ensure they comply with this requirement.


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This article first appeared in The Hedge Fund Law Report Vol. 11, No. 35.

Jennifer Fox - new Irish funds Partner

Walkers is delighted to announce the appointment of Jennifer Fox as a Partner in the Investment Funds team in our Irish office.

Jennifer has nearly twenty years’ experience, with eleven years as a partner in another leading Irish funds practice. Acting for a range of funds, fund sponsors and service providers, Jennifer has extensive experience in advising on the authorisation, distribution and operation of all types of Irish investment funds including UCITS and AIFs.

Nicholas Blake-Knox, Head of Investment Funds in Walkers, Ireland, said “Jennifer is a significant addition to our already rapidly expanding team. With challenges like Brexit facing our clients, Jennifer’s extensive legal experience and industry know-how are major assets to offer our clients.”

Walkers is a pre-eminent financial services law firm and is regarded as a global leader in the investment funds industry.


Jennifer Fox New Partner

L to R: Ireland Managing Partner, Garry Ferguson; Partner Jennifer Fox; and Partner Nicholas Blake-Knox

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