The Bermuda National Anti-Money Laundering Committee (NAMLC) recently published a draft Proceeds of Crime Miscellaneous Act 2025 (Bill) for consultation in preparation for Bermuda's 5th Round Mutual Evaluation...

In a Letter to the Editor published on December 19, Mr Khalid Wasi commented on the recent ruling of the Chief Justice, in the "Bermuda Bred" case concerning the grant of work permits to same-sex and unmarried heterosexual couples.

Continued compliance with Bermuda's anti-money laundering (AML) and anti-terrorist financing (ATF) legislation, including regulations, policies and guidance notes...

First Published in The Bermuda Chamber Of Commerce Newsletter (Chamber Insider), January 2021

In the ever-changing world of politics and their related global financial sanctions, it is imperative that businesses understand the financial sanctions

Under the Employment Act 2000 (EA), it is a requirement for an employer to not only have a compliant policy statement against bullying and sexual harassment...

Under Bermuda's new Economic Investment Certificate and Residential Certificate Policy, non-Bermudian individuals who invest at least $2.5 million in the island receive the right to live in Bermuda...

Regulatory compliance has seen developments at a global scale over recent years, with continued focus on tax evasion and anti-money laundering (AML)/anti-terrorist financing (ATF).

Bermuda continues to be a popular jurisdiction for the formation of Private Trust Companies (PTCs) where assets are significant.

Blockchain has been widely touted as the most significant technology of the last 20 years, with the potential to revolutionise the financial services industry across a range of applications, from crypto-currencies...

The link between terrorism and the erosion of privity of contract in Bermuda is not immediately discernible.

The link between terrorism and the erosion of privity of contract in Bermuda is not immediately discernible.

Bermuda residents who have entered into same-sex marriages or civil unions/partnerships in foreign jurisdictions where these are permitted should be aware that such unions will not be recognised in Bermuda.

Recently in the news there have been increasing reports of rescue efforts and road accidents where members of the public have been praised for assisting the victims until emergency services personnel arrived.

In April 2018, the European Parliament is expected to adopt the EU's 5th Anti-Money Laundering Directive (5AMLD), as agreed by EU Member States on 13th December 2017.

Bermuda is no exception. For specified business activities in Bermuda, which include banking, insurance, fund management, financing and leasing, corporate headquarters, among others...

A recent amendment to charities legislation in Bermuda has enhanced the island's anti-money laundering and anti-terrorist financing (AML/ATF) protections.

The proposed amendments to the Proceeds of Crime Act 1997 (POCA) (and related legislation) under the Proceeds of Crime Amendment Bill 2015 require careful reading.

The Bermuda Monetary Authority conducts AML/ATF onsite supervisory visits on regulated entities across all sectors.

This article explores latest developments in Europe concerning the fight against money laundering. While focused on Europe, the issues at stake are global in scope so we hope readers from all regions find this item of value.