363 results found

The hardening of the insurance markets may have reduced the appetite for certain emerging risks but the increasing prevalence of so-called digital assets, including cryptocurrencies and initial coin offerings, ...

Bermuda continues to be a preferred jurisdiction in which to establish and maintain family offices. Bermuda's regulatory regime carefully balances privacy with the objective of ensuring appropriate

Our investment funds team outline the latest developments within the investment funds market in Bermuda, addressing the recent statistics from Q2 2024 published by the Bermuda Monetary Authority (the "BMA").

On 18 February 2020, the Economic and Financial Affairs Council (ECOFIN) announced that Bermuda and the British Virgin Islands (BVI) had been moved to the ‘whitelist'

Previously the domain of business continuity programmes and disaster recovery policies, the Resilience Code takes the governance and operational requirements of business continuity to an entirely new level of compliance.

With defaults and insolvencies on the rise due to difficult trading conditions caused by, amongst other things, the global pandemic, lenders and secured parties (a "Secured Party")...

Briefing Summary:Our investment funds team outline the latest developments within the investment funds market in Bermuda, including updates to the Beneficial Ownership Regime...

The Bermuda Monetary Authority has released a consultation paper on artificial intelligence regulation in financial services, proposing a risk-based framework that extends existing regulatory requirements rather than creating new licensing regimes. Financial institutions now face critical decisions about how to classify AI use cases, implement governance controls, and prepare for heightened scrutiny of generative and agentic AI systems before the October 30 feedback deadline.

Embedded supervision refers to automated monitoring of compliance with a regulatory framework by a decentralised finance ("DeFi") platform. This is achieved through monitoring tools embedded in the decentralised ledger...

In the First Edition of our Regulatory Disputes Series, digital assets and fintech topped our list of hot topics to watch for the future of offshore regulatory disputes.

Bermuda is a well-respected and successful financial centre that is globally recognised for implementing the highest standards of compliance, regulation and transparency.

On 23 March 2018 Bermuda brought into operation legislation requiring all Bermuda companies, except those that are exempted, to obtain information regarding their beneficial owners...

The Digital Asset Business Amendment Act 2019, which became operative on 8 October, amends the existing legislation governing digital assets businesses in Bermuda, including expanding the scope of the licensing regime ...

A focus on the crucial and enabling role that technology plays across all financial service sectors is among the most notable objectives discussed in the business plan for 2025 published by the Bermuda Monetary Authority.

The Bermuda Government has updated the International Cooperation Act 2005 and issued the highly anticipate CRS Regulations setting out the CRS obligations that Bermuda Reporting Financial Institutions...

Click here to view the Artemis Q2 2024 Catastrophe Bond & ILS Market Report.

Bermuda's Digital Asset Business Act framework offers DeFi platforms and DAOs a structured regulatory pathway that bridges decentralised governance with institutional-grade compliance. Through tiered licensing and foundation company structures, projects can evolve from testing to full authorisation while maintaining token-holder governance and meeting institutional investor requirements.