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An intergovernmental agreement on international tax compliance between the United Kingdom and the Cayman Islands intended to improve international tax compliance was signed on 5 November 2013.

This quarter continues to see significant developments in economic substance requirements in the offshore jurisdictions.

In this mini-series of articles, we explore the role of protectors insofar as the same can be identified in general terms, although it will, of course, always be necessary to have regard to the express terms of the trust instrument ...

The recent Economic Substance Act, 2018, passed in December 2018, included within it a series of amendments to the Investment Funds Act, 2006 .

The BVI Business Company is widely used globally as the core of many corporate financing investment, asset holding and private wealth structures.

IPOs of Special Purpose Acquisition Companies (SPACs) have boomed in 2020 and Bermuda is ideally placed to provide an offshore domicile for these acquisition vehicles.

Established in 1987, The Bermuda Society is a non-profit organisation which focuses on promoting and strengthening business and cultural links between Bermuda

All partnerships formed and/or registered in Bermuda on or after 1 July 2021 carrying on or expecting to carry on a relevant activity are immediately subject to the economic substance requirements.

The recent decision of the Supreme Court of Bermuda in the case of Re Northstar Financial Services (Bermuda) Ltd and Omnia Ltd [2023] SC (Bda) 57 Civ upheld the integrity and legal recognition of the Bermuda segregated accounts company ...

In response to work conducted by the European Union's Code of Conduct Group regarding the tax policies of EU member states and international countries...

Bermuda continues to attract technology-based start-ups. With each new start-up comes the question of what types of digital transactions are permitted under our legal and regulatory regime, including the ability to offer tokenised funds.

The Bermuda Monetary Authority has introduced new sustainability disclosure requirements for investment funds and launched a streamlined Approval in Principle process to accelerate fund registrations. These regulatory developments aim to enhance investor protection while maintaining Bermuda's competitive position in the global investment funds market.

The economic impact of the Covid-19 pandemic has been severe and far-reaching. We are seeing otherwise viable companies forced to restructure liabilities and business structures to try and...

On 21 November 2014 the Financial Regulation (Miscellaneous Provisions No.2) (Jersey) Law 2014 came into force.

Bermuda has emerged as a regulatory pioneer by licensing crypto-based prediction markets under its digital asset framework, treating event contracts as derivatives rather than gambling products. As prediction markets blur the lines between traditional derivatives trading and betting, understanding how these platforms fit within existing legal frameworks becomes critical for operators and institutions.

Bermuda is shortly to introduce new risk-based capital standards for insurance companies. The purpose of the Bermuda Solvency Capital Requirement ("BSCR") is to allow the Bermuda Monetary Authority ("BMA") to analyse the impact and probability of failures among regulated insurers.

TheBMA has released Guidance Notes for Relevant Legal Entities, including banks, corporate service providers, trust companies, investment businesses and fund administrators, which require them to demonstrate good risk management ...