The new business is being launched by Collas Crill.

Offshore law firm Collas Crill Group is launching a specific business to help clients deal with the rising amount of compliance tasks. The new entity is called Collas Crill Compliance Limited.

The service, led by director Sandra Lawrence, will provide governance, risk and compliance and anti-money laundering and counter-terrorism finance services to regulated and non-regulated businesses. Lawrence, who has more than 21 years’ experience in the financial services industry, has joined from another professional services provider in Guernsey, where she was a director and the head of risk and compliance.

Lawrence holds an master’s degree in law, governance, risk and compliance and is a Fellow and Chartered Professional with the International Compliance Association. She specialises in designing and implementing governance, risk and compliance frameworks for complex businesses, assisting regulated and non-regulated firms to manage their pre-existing frameworks, policies and procedures efficiently and effectively.

The new service will be offered not only to financial services that are regulated in Guernsey and Jersey, but also to other businesses with compliance obligations such as estate agents, accountants and finance brokers.

“Doing compliance well is a key challenge that the vast majority of our clients face. While our Risk and Regulatory team has led the way in providing legal advice and support, we're increasingly being asked by clients for a broader type of compliance support,” Christian Hay, Guernsey managing partner, said.