Walkers Receives Top Marks in Chambers Offshore FinTech Ranking
Walkers continues to be hailed as a frontrunner in the offshore legal market with a Band 1 ranking in the newly created Chambers Offshore FinTech Directory, adding to its existing collection of top ranked practices.17 December 2020
The guide highlights the firm’s work with both industry and regulators in the area of FinTech, noting: “Walkers leverages its global clout as a leading offshore law firm to serve international businesses partnering with or investing in FinTech firms as well as financial institutions and asset managers developing their own FinTech products and services. Actively working with policymakers and regulators in the areas of FinTech, blockchain and digital assets, the team comprises members of the various key associations, committees and governmental steering groups in the Caribbean and Channel Islands, advising on legislation with an aim to facilitate innovation in the industry.”
Walkers’ Global FinTech group officially formed in 2017, however, the multi-disciplinary team has been working with FinTech clients for many years in what is believed to be the longest established offshore FinTech practice.
The group maintains an offshore presence in Jersey and Guernsey, as well as its offices in Bermuda, the British Virgin Islands, the Cayman Islands, and the Channel Islands, as well as an onshore presence in Dublin, Ireland.
Partner Jonathan Heaney said: “To receive such a great ranking in the first edition of the Chambers FinTech Directory is testament to the team’s expertise, the respect afforded us by the FinTech industry and what our clients are saying about us in the market. We are delighted with this new ranking and are very grateful for the recognition.”
The FinTech team in Jersey is led by Jonathan, and includes group partners Christopher Reed and Dilmun Leach, senior counsel Rachel Amos and senior associate Joseph Barker-Willis.