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Our Appleby Bermuda office is pleased to launch our six‑part insight series examining the Bermuda Monetary Authority’s 2026 Business Plan through the lens of our expert legal teams. Each article unpacks how the BMA’s priorities are shaping regulatory expectations and sector‑specific developments across Bermuda’s financial landscape.

There are over 10,000 hedge funds worldwide, with a total of US$1.1tr of assets under management (AUM).

Bermuda's (Re)Insurance sector has experienced several notable developments over the past year.

Prior to the 2022 amendments, a person who wished to carry on investment business in Bermuda while maintaining a place of business on the island had to obtain a licence under the IBA.

As one of the leading offshore financial centres, home to approximately 70% of the world's offshore investment funds and with an absence of any direct taxation on companies or individuals, the Cayman Islands has become an attractive destination for technology entrepreneurs.

Bermuda's private equity funds face mounting pressure as net asset values concentrate in fewer, larger portfolios while traditional exit routes remain constrained. With merger and acquisition markets uncertain and distribution droughts complicating fundraising, sponsors must navigate continuation vehicles and NAV financing as alternative liquidity solutions, each carrying distinct structural complexities and contractual implications under Bermuda's flexible partnership framework.

The Bermuda Monetary Authority has introduced new requirements for police clearance certificates when vetting key personnel at anti-money laundering and anti-terrorist financing regulated financial institutions. This policy change affects licensing, recruitment, and ownership transitions by requiring criminal record documentation from countries where individuals have resided, with specific implications varying across different sectors of Bermuda's financial services industry.

We are pleased to present the latest edition of our Bermuda Public Companies Update which features a recap of significant transactions involving Bermuda public companies listed on the NYSE and Nasdaq for the period of H2 2018.

He has watched the island's growth from the front row since 1996 and is resolute that Bermuda continues to dominate reinsurance with its innovation and sound infrastructure.

On 10 March 2026, the Court of Appeal for Bermuda (Kawaley P, Flaux and Hickinbottom JJA) handed down its judgment in Re Bittrex Global (Bermuda) Ltd (In Liquidation).

There is no question that Bermuda has an exceptional reputation as a key global insurance and reinsurance jurisdiction, a reputation it has earned over many decades.

Bermuda now has an effectively bifurcated regulatory regime for (re)insurance in the run-up to Solvency II, writes Michael Frith.

A bill entitled "The Insurance Amendment Act 2004" (the "Amendment Act") passed its second reading in the Senate on 8 December 2004 and received the assent of the Governor General on 10 December 2004.

The full implementation of the Personal Information Protection Act 2016 (as amended, PIPA) was effective on 1 January, 2025. Many Funds have asked if, and to what extent...

The partnership is a popular vehicle for international ventures primarily because it is regarded in most jurisdictions (including the U.S. and the U.K.) as fiscally transparent.