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ARTICLE · 07 MAY 2024

Bermuda Fintech Guide 2024 (Chambers)

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

With a heritage that dates back to 1898, Carey Olsen is one of the most established and...

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Carey Olsen has contributed to the Chambers Global Practice Guide on Fintech for Bermuda, which provides the latest legal information on sandboxes...

BermudaTechnology
Steven Rees Davies
Steven Rees Davies
Charissa Ball
Charissa Ball
Alexandra Fox
Alexandra Fox
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Carey Olsen has contributed to the Chambers Global Practice Guide on Fintech for Bermuda, which provides the latest legal information on sandboxes; robo-advisers; online lenders; payment processors; marketplaces, exchanges and trading platforms; high-frequency and algorithmic trading; financial research platforms; insurtech; regtech; blockchain; non-fungible tokens (NFTs); open banking; and fraud.

1. Fintech Market

1.1 Evolution of the Fintech Market

Since the introduction of the Digital Asset Business Act 2018 (DABA) and ancillary regulations related thereto (the "DAB Regime"), Bermuda has become a recognised global leader in the regulation of the fintech sector. The Bermuda government forged one of the world's first comprehensive regulatory frameworks specifically designed to provide legal and regulatory certainty to industry participants while ensuring that business in the fintech sector is conducted in accordance with recognised international standards and

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