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ARTICLE · 15 MARCH 2023

Legislative And Regulatory Developments In Bermuda For Q4 2022

Carey Olsen
Carey Olsen
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This report provides a summary of important legislative and regulatory developments in Bermuda for the quarter ended 31 December 2022.

BermudaCorporate/Commercial Law
Matthew Grigg
Matthew Grigg
Gavin Woods
Gavin Woods
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This report provides a summary of important legislative and regulatory developments in Bermuda for the quarter ended 31 December 2022. For this quarter, we focus on developments in the following sectors: Taxation; Intellectual Property; Banking; Digital Assets; Employment and Immigration; Insurance; Investment Business; Data Protection; and General Legal/Regulatory Reforms.

Taxation

On 4 October 2022, the Bermuda government announced that, in recognition of the fulfilment of Bermuda's commitment to the Organisation for Economic Co-operation and Development ("OECD") Forum for Harmful Tax Practices, the Code of Conduct Group of the Council of the European Union ("EU") removed Bermuda from Annex II.

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