Walkers

Regulatory & Risk Advisory

Gemma Palmer is a Partner in Walkers' Regulatory & Risk practice in Jersey, specialising in all financial services regulation matters.

Gemma's experience spans acting on a number of reorganisation, rationalisation and/or consolidation mandates in relation to deposit-taking businesses, insurance businesses and trust company businesses, right through to advising on day to day compliance matters for a range of regulated businesses. Gemma has worked closely with a number of retail banks on Island in advising upon the launch of new business and service lines within the Jersey legal and regulatory framework.

Gemma's practice includes advising on matters relating to AML/CFT obligations and compliance, fintech and payments, outsourcing arrangements, consumer credit regulation, prudential regulation and regulatory triggers, and general corporate compliance and governance.

She also advises businesses in Jersey and onshore about their obligations under Jersey's regulatory regime and has previously assisted clients with navigating regulatory examinations.

Gemma also has many years of experience in advising on restructuring and insolvency matters at a leading onshore firm where she delivered non-contentious insolvency and business restructuring advice to creditor cohorts, insolvency practitioners, institutional lenders and major corporates.

Before joining Walkers' Jersey office in 2024, Gemma worked at another leading offshore law firm advising on all aspects of financial services laws and regulations, acting for a wide range of locally regulated entities and also providing advice on licensing or other regulatory requirements to those looking to do business in the jurisdiction. Gemma regularly delivered training and presentations on a range of topics, from broad regulatory updates to more targeted issues, such as the expansion of the civil penalties regime.

Gemma also acted on a number of high profile retail insolvencies, procuring recognition of office holders in Jersey, including the administrations of well-known household names Monsoon/Accessorize and Arcadia Group. On the restructuring side, Gemma frequently delivered advice around directors' duties, options and contingency planning and enforcement of Jersey law security.

Gemma qualified in 2009 with Squire Patton Boggs (UK) LLP (formerly Hammonds LLP) and spent 8 years in their Restructuring and Insolvency team, including a 6 month secondment to the Business Support Unit of a major clearing bank.

Gemma is a member of the Law Society of England & Wales.

BA Hons, English & Philosophy, University of Birmingham Postgraduate diploma in Law, Birmingham College of Law Postgraduate diploma in Legal Practice, Birmingham College of Law