Bermuda is a leading international financial centre with a long
history of providing pragmatic financial and professional services
to international businesses.
The Island is renowned for its strong (re)insurance, investment
fund, asset management and trust sectors which are supported by a
world-class advisory and financial services infrastructure,
including a sophisticated legal system, a robust regulatory
framework, speed-to-market capability, a business-friendly
government, simple tax regime, a highly-skilled work force, close
proximity to the US and direct flights to the US, UK and
Canada.
In 2018 Bermuda introduced new legal and regulatory frameworks
designed to govern and regulate initial coin offerings, digital
asset business and insuretech. The new legislation sets out
expected standards of disclosure for initial coin offerings, a dual
licensing system (including sandbox) for anyone seeking to provide
digital asset business services to the sector and both a
