Ogier launches new regulatory consulting business to support Cayman financial services firms
International law and fiduciary services firm Ogier has launched Ogier Regulatory Consulting, a new proposition to provide specialist regulatory and compliance advice and support to financial services and other regulated businesses in the Cayman Islands.
Highly experienced Cayman based-consultant Lisa Bowyer has also been appointed to lead the new service line, which will operate in the jurisdiction as Ogier Liberty.
As Head of Ogier Regulatory Consulting in Cayman, Lisa will oversee a team of on-the-ground experts in regulatory requirements, who can draw on their broad and deep experience as regulators, advisors, policy makers and practitioner compliance officers.
Working alongside Jersey-based Head of Ogier Regulatory Consulting’s Tui Iti, who has more than 20 years’ regulatory compliance experience gained onshore and offshore, Lisa and the team in Cayman will also enable access to Ogier’s global team of regulatory lawyers, who advise regularly on multijurisdictional anti-money laundering, regulation and compliance issues, to provide a number of services, including:
- Compliance audits, AML audits, regulatory reviews and effectiveness reviews
- Compliance monitoring
- Remediation support and review services
- Regulatory due diligence
- AML Compliance Officer services to licensed entities in Cayman
- AML, regulatory and compliance services training
- Training for AML Compliance Officers
Lisa has more than 20 years’ experience as a policymaker, regulatory and compliance consultant, educator, and trainer in the fields of law, regulation and compliance, while her highly regarded business Liberty Compliance Consulting, which has been merged into Ogier Regulatory Consulting in Cayman, has provided advice and training in the islands for the past 14 years.
Having worked in the UK, Channel Islands and Cayman, she is a specialist in the purpose and risks of regulation, international legal and regulatory requirements, the drivers and strategies of financial markets and products and providing solutions for clients.
Commenting on the launch of Ogier Regulatory Consulting in the Cayman Islands, James Bergstrom, Managing Partner, Ogier in Cayman, said: “Through Ogier Regulatory Consulting in Cayman we are able to bring together our legal and compliance expertise to offer a seamless, high quality and cost-effective solution to the Cayman financial services and business community. I’m delighted to welcome Lisa to the team as we continue to enhance our capabilities in the jurisdiction.”
Lisa Bowyer added: “There’s no doubt that navigating the regulatory landscape is becoming increasingly challenging and there is growing demand in the Cayman Islands for high quality expertise in this space. I’m really pleased to be bringing Ogier Liberty to the Cayman market under the umbrella of Ogier Regulatory Consulting and I’m looking forward to providing clients with proactive regulatory, compliance and AML consultancy services to help identify and manage issues before they even arise.”
Tui Iti said: “Backed up by the significant experience and expertise of our colleagues in the law firm, Ogier Regulatory Consulting is all about providing a holistic solution for clients operating internationally. The launch of our new business in Cayman is an important milestone for us as we continue to enhance our ability to support clients in an increasingly complex environment.”
ENDS
About Ogier
Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo.
We are the only law firm to advise on these six laws.
Ogier Global is Ogier’s corporate administration business. It works closely with Ogier’s partner-led legal teams to incorporate and administer a wide variety of vehicles and provide integrated legal and corporate administration services.
We get straight to the point, managing complexity to get to the essentials. It is a collaborative approach. We listen actively, asking the right questions, focused on what really matters. We deliver targeted, pragmatic advice with absolute clarity.
We regularly win awards for the quality of our client service, our work and our people.
