Bovill Newgate launched to address growing concerns over regulatory risks

Bovill Newgate, Ocorian’s newly launched global financial services regulatory and compliance business serves clients with complex issues in the UK, Channel Islands, Singapore, Hong Kong, Mauritius and the Americas.

Following the acquisition of Bovill in February 2024, Ocorian has today launched Bovill Newgate, its global regulatory and compliance business to address growing concerns over regulatory risks across financial services.

Its advice services include regulatory change and preventing financial crime, applications to regulators, building or enhancing regulatory frameworks, conducting compliance investigations or diagnostics, training and fulfilling prescribed roles.

Bovill Newgate’s expert team of 120-plus industry professionals and former regulators covers six jurisdictions – the UK, Channel Islands, Singapore, Hong Kong, Mauritius and the Americas - and is supported by its innovative, proprietary technology platform, the Gateway, to ensure best-in-class client service and operational efficiency.

Bovill Newgate has been formed following the acquisition of Bovill by Ocorian earlier this year which has been combined with Newgate Compliance, Ocorian’s subsidiary compliance consultancy service to create a global powerhouse.

Ocorian is a market-leading provider of fund administration, capital markets, corporate, trust, and regulatory and compliance services.

Aron Brown, Global Head of Regulatory and Compliance Services at Ocorian commented: “Growth for our regulatory and compliance team has been transformational. With the newly combined team we are a formidable player in the market, with world-class expertise, scale, and global reach.

“We are present in all major jurisdictions and our experts have local and global expertise so are positioned to provide the very best service our clients could hope to find. Our proprietary technology, the Gateway, differentiates us in the marketplace and provides clients with a cutting edge, one-stop-shop to manage and deliver their three lines of defence.”

Chantal Free, Chief Executive Officer at Ocorian, commented: “Our multi-jurisdictional expert regulatory and compliance team is a standout differentiator for us in an ever evolving and complex market. High-level consultancy services underpinned by pragmatic support will benefit our clients and unlock new value for them.”

Bovill Newgate has experts based in key financial centres and works with clients of every size across the financial services sector providing support in managing regulatory change and dealing with regulatory scrutiny.

For more information about Bovill Newgate and Ocorian’s comprehensive suite of services, please visit bovill-newgate.com