Walkers and Walkers Professional Services (WPS) have announced that Caymanian partner Dorothy Scott has been appointed to the role of Managing Director of Compliance & Regulatory Services at WPS.
WPS is a provider of corporate, corporate governance, regulatory compliance and fiduciary services to corporate and institutional clients across global financial centres. The business works in tandem with Walkers law firm to offer clients a unique, seamlessly integrated approach to providing high quality and cost-effective legal and professional services.
In her new role, Scott leads a team of compliance and regulation experts, who provide tailored services to clients globally. These services include outsourced anti-money laundering compliance and money laundering reporting officer roles, client identification, verification and remediation services, AML audit services, regulatory inspection and general compliance support and in-house training.
Prior to joining WPS, Scott was a partner in Walkers' Global Investment Funds Group, where she practiced for 17 years and specialised in the formation of investment funds with a particular niche in advising distressed hedge funds and counselling emerging and start-up managers on establishing offshore products. During her time at the firm, Scott worked with a broad range of highly regarded investment managers, private equity sponsors, trustees and family offices, as well as emerging and start-up managers.
Cayman Managing Partner, Tim Buckley, stated: "It has been fantastic to see Dorothy's accomplishments and progression at Walkers over the years lead to this new and dynamic role with WPS. It speaks volumes about her capabilities and skillset, which will only serve to enhance our integrated service offering. The strength of the team at WPS and its ability to attract and retain the best talent is indicative of its outstanding reputation in the market."
Scott added: "Walkers has thoroughly prepared me for this next stage of my career and I am delighted to be joining WPS. The rapid global expansion of the business is testament to its best in class talent, technology and focus on client service. Transitioning to this role provides me with the unique opportunity to do what I frequently counselled my clients to do while I was at the law firm – build a scalable business and create new career opportunities for highly competent and ambitious teams."
Walkers, Appointment, Compliance, Regulation, Dorothy Scott, Cayman Islands