Harneys Corporate Services (Bermuda) Ltd has joined the Bermuda Stock Exchange as a listing sponsor.

Harneys, an international law firm, established itself on the island last year when it merged with Hurrion and Associates.

Greg Wojciechowski, the BSX chief executive officer, said: “What makes Harneys joining the BSX particularly noteworthy is that Harneys is one of the first new international legal firms to begin operating as a Bermuda-based entity in some time.

“Members of the BSX provide a myriad of critical regulatory and commercial functions. As a listing sponsor, Harneys will be in a position to offer access to listing services through its extensive global corporate office network.

“This new relationship will open a new channel of business for Harneys, the BSX and Bermuda. This is a win, win, win development.”

Sarah-Jane Hurrion, managing partner of Harneys Bermuda, said: “Harneys Corporate Services (Bermuda) Ltd is pleased to join the BSX as a listing sponsor member.

“Through this alliance, Harneys can provide access to the BSX as a listing and trading option for our local and international clients who are looking to invest into Bermuda.

“Since establishing our full-service legal and fiduciary practice in Bermuda, Harneys has continued to promote Bermuda across our global network of 14 locations worldwide, including in the key markets of Asia, London and South America, which drive a significant amount of business to the island. The BSX has seen intense growth in recent years and we are pleased to support it.”

In addition to advising on the laws of Bermuda, BVI, Cayman, Mauritius and Anguilla, Harneys provides specialised corporate, trust and fiduciary services operating from key offshore and onshore locations around the world.

The team works closely with a client base of international businesses, financial institutions, investment funds, high-net-worth individuals and intermediaries.