FinTech Legal - Bermuda
What the team is known for
Walkers advises international businesses on partnerships with, and investments in, FinTech enterprises, as well as assisting financial institutions and asset managers with their own FinTech projects. In Bermuda, the Walkers team regularly advises on digital assets regulatory matters and consultations with the Bermuda government and the Bermuda Monetary Authority.
Strengths
"The Walkers team have been really professional and have had the ability to understand our needs and our reality to help us in the best way possible."
"Walkers has invested a great deal into understanding the local regulatory environment and how to navigate it."
"Walkers have been able to handle the application process with a high level of service."
"Walkers is likely the strongest practice of any island jurisdiction."
Work highlights
Walkers assisted Coinbase Global with its successful application for a Class F digital assets business licence from the Bermuda Monetary Authority.
Notable practitioners
Natalie Neto advises clients on regulatory solutions for digital asset issuances as well as matters involving crypto exchanges and applications for digital assets business licences. Neto wins praise for her technical knowledge and understanding of digital assets. "I was very pleased at how deep Natalie Neto's knowledge of FinTech, digital assets and traditional finance was. Natalie provides a level of service and responsiveness that is hard to match. She embodies the 'do whatever it takes' mentality, working tirelessly when needed. I can't speak highly enough of Natalie and her support." "Natalie Neto is able to grasp the work quickly and navigate us through the difficult regulatory matters." "Natalie Neto understands the market extremely well." "Natalie Neto is one of the single best lawyers that I have worked with in my career!"
Rachel Nightingale was promoted to partner at Walkers in 2023. Nightingale specialises in corporate transactional and regulatory work, and regularly acts for FinTech clients on Bermuda licensing matters and capital raises. "Rachel was very aware of how to interpret the regulation favourably and how to fulfil the regulator's expectations and requirements." "Rachel Nightingale has a deep well of knowledge, is commercial, efficient and easy to work with." "Rachel is our go-to person for matters in Bermuda. We are lucky to have her!"
