Walkers (Bermuda) Limited has successfully completed the Island's first Class B Registration, since the Investment Business Amendment Act 2022 came into force in July 2022 (the "Amendments").

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 ...

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'

Having taken some time out for introspection, Adderley believes that market players are going to return in due course with new ideas and more products in mind.

Increasing complexity in cross-border structures, the effects of the recent global financial crisis, increasing fears over diminished tax revenues and multiple financial scandals have impacted various countries around the world.

The spotlight has been on the legal frameworks at play within offshore domiciles, but the rules that govern such jurisdictions are essential to their future success.

This article sets out the latest ES Legislation developments in these jurisdictions since the publication of our previous summary of such legislation on 14 May 2019.

The Investment Funds Act 2006 (Funds Act) was amended by the Investment Funds Amendment Act 2019 (Amendment Act). The Amendment Act becomes operative on 1 January 2020.

Each of the governments of Bermuda, the British Virgin Islands (BVI) and the Cayman Islands has passed legislation that will require certain entities carrying on "relevant activities"

This report provides a summary of important legislative and regulatory developments in Bermuda for the quarter ended 30 June 2022.

In a ruling handed down just before Christmas, Justice Shade Subair Williams struck out a Statement of Claim for abuse of process and dismissed the civil proceedings for want of prosecution because of litigation delay caused by the plaintiff.

Bermuda passed economic substance legislation in December 2018 as part of the international initiatives for fairer taxation globally and, in particular, to address the technical scoping paper of the European Union ...

Bermuda Finance 2021/2022, General Economy Roundtable, in association with Bermuda Business Development Agency (BDA).