Employment Status: What Is It And Why Does It Matter?

The Bermuda Monetary Authority (the 'BMA') has issued a consultation paper on a proposed new Operational Resilience and Outsourcing Code (the 'Code').

The Act aims to promote fair treatment of employers and employees by providing minimum standards of employment, by establishing procedures and notice periods for the termination of employment,...

Bermuda's government is proposing pay transparency legislation that would require employers to develop mandatory pay equity policies, disclose salary ranges in job advertisements, and explain how compensation is determined. While still at the consultation stage, this initiative signals a shift from reactive complaint-driven enforcement to proactive prevention of wage gaps linked to gender, race, and ethnicity.

Artificial intelligence is rapidly transforming workplace decision-making, moving from administrative tasks to influencing recruitment, performance management, and termination decisions. As employers increasingly rely on AI systems to process information and make recommendations about employees, they face growing legal risks around discrimination, transparency, and accountability. Understanding how existing privacy laws like Bermuda's PIPA apply to AI-assisted employment decisions, and implementing proper h

Restrictive covenants, such as those which seek to prevent solicitation of customers, clients, suppliers, other employees, or general competition for a defined period after termination...

The Employment Act 2000 (the Act) promotes the fair treatment of both employers and employees in Bermuda by establishing minimum employment standards and enforcing those standards through the Employment Tribunal (the Tribunal).

The first decision an employer will need to make when faced with allegations of employee misconduct is whether an investigation is necessary at all.

The new laws have attracted much interest during their passage through the legislative process.

The coronavirus outbreak (COVID-19), which originated in Wuhan, China in December 2019 was declared a Public Health Emergency of International Concern by the World Health...

The Bermuda Employment Amendment Act 2026, which came into force on 1 June 2026, introduces a statutory right to parental leave for employees in Bermuda who become parents through adoption or legal guardianship.

The Cayman Islands has emerged as the world's premier offshore jurisdiction for venture capital fund formation and cross-border investment structuring, with over 30,900 alternative investment funds managing USD8.2 trillion in assets.

The Bermuda Monetary Authority has published a consultation paper outlining the first phase of a resolution regime for the commercial insurance sector, designed to align with international standards. The framework establishes the BMA as the Resolution Authority with five core objectives and defines which insurers will fall within scope. This phased approach raises important questions about governance, recovery planning, and the practical implications for domestic insurers and Internationally Active Insuranc

Section 238 of the Companies Act (2025 Revision) (the "Act") provides a statutory right for shareholders who dissent from a merger to be paid a judicially determined fair value for their shares in lieu...

The Cayman Islands Monetary Authority has published two new Rules introducing binding requirements for regulated financial service providers regarding anti-money laundering, counter-terrorist financing...

This is the Fourth Edition of the Guide, which we have produced for the information of our clients and professional colleagues. This edition takes account of changes brought about by the Companies Act 2001 and the Financial Services Act 2007.

This guide provides the latest legal information on the evolution and regulation of these markets, licensing and set-up requirements for businesses, cross-border services, decentralised finance...

Bermuda has emerged as the dominant global hub for life and annuity reinsurance, now holding over $900 billion in US life and annuity liabilities and accounting for 84% of all US reserves ceded offshore. This analysis examines how the island's sophisticated regulatory framework, purpose-built infrastructure, and commercially engaged regulator have created a structural advantage that extends beyond its traditional catastrophe reinsurance roots into long-dated life business from the US, UK, and Asia.

Entities in the British Virgin Islands may qualify for exemptions from Annual Return requirements based on specific criteria. BVI Business Companies and Limited Partnerships can avoid filing obligations if they meet conditions such as being listed on recognized exchanges, regulated by the FSC, or filing tax returns with financial statements.

The Isle of Man offers wealthy families a politically stable, well-regulated and practical base in which to establish wealth and business succession planning structures. Modern and robust legislation, high-quality professional advisers and service providers, and a reputation for cost-effectiveness, all contribute to the island's attractiveness as a trusts jurisdiction.

The British Virgin Islands has positioned itself as a leading offshore financial centre for blockchain and crypto-asset businesses, offering a flexible regulatory framework that balances...