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ARTICLE · 12 FEBRUARY 2025

Regulatory & Risk Advisory Outlook

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For over 25 years Conyers’ London office has provided time-zone sensitive advice and support to our...

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While navigating these changes may seem complex, the Regulatory & Risk Advisory team is here to assist. The Outlook outlines key updates from the past year and important considerations...

BermudaInsurance
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With the New Year underway, there is a wide range of regulatory updates to reflect on and prepare for.

While navigating these changes may seem complex, the Regulatory & Risk Advisory team is here to assist. The Outlook outlines key updates from the past year and important considerations for 2025 that will impact Bermuda entities. These highlights are designed to keep you informed and prepared for any decision-making ahead of filing, compliance, or administrative requirements.

Employmen

2024 introduced a few notable updates to Bermuda's employment framework. Specifically the Employment (Protection of Employee Tips and Other Gratuities) Amendment Act 2023 took effect on 1 March 2024, introducing new provisions into the Employment Act 2000. The amended legislation addresses the withholding of tips and other gratuities, the pooling and redistribution of tips and gratuities, the prohibition for employers to share in tips or other gratuities, and requirements for

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