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Bermuda has long been a jurisdiction of choice for ship owners and investors in ship owning structures.

The Bermuda Monetary Authority has introduced a new regulatory requirement mandating Police Clearance Certificates for Key Persons in AML/ATF-regulated financial institutions, effective October 2026.

We are pleased to bring you an important update regarding the evolving regulatory landscape for virtual assets.

Bermuda's reputation as an established international finance centre is well known.

On 14 June 2018 the Mauritian Prime Minister, in his capacity as Minister of Finance, tabled the National Budget for the fiscal year 2018/2019 under the theme "Pursuing Our Transformative Journey".

Bermuda's latest addition to its insurance-linked securities (ILS) offering is the much discussed Collateralised Insurer classification of company, which partner Brad Adderley, recently explained will enable ILS funds to target a broader range of cedents.

Legal teams care about structure, disclosure and enforceability; capital teams care about classification, diversification and solvency treatment; actuarial teams care about cash-flow behaviour...

This month, the Privacy Commissioner of Bermuda released his Financial Services Guidance Notes: Final Report.

The surge in adoption of digital technologies and AI is rapidly changing the business, investment and security environments.

The purpose of this Memo is to generally set out the requirements of Bermuda's ICO legislation as at the date hereof and does not speak to any future date.

The tax transparency drive led by the world's largest economic powers is effectively helping to drive business to Bermuda, according to a top lawyer with an international firm.

Our last Economic Substance update of 15 April 2020 highlighted the measures and considerations announced by the relevant authorities in the BVI, Cayman and Bermuda...

It has been another twelve months in which the extraordinary has become the norm, the unthinkable the mundane. Lockdowns have oscillated between full, partial and non-existent.

Bermuda has historically been and remains an attractive jurisdiction for lenders involved in the financing of the acquisition of both private and commercial aircraft.

In the recent consultation paper titled Operational Resilience and Outsourcing Code — which is supported by related guidance notes — the BMA proposes specific operational resilience standards designed.

This report provides a summary of important legislative and regulatory developments in Bermuda for the quarter ended 31 March 2022.

In December 2017, and as part of its ongoing commitment to assist the EU in combatting harmful tax practices Bermuda joined a group of international financial centres committed