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Awards
By Stephanie Sanderson
The Bermuda Government's new Bribery Act 2016 came into force on 1 September, 2017 (Bribery Act), drastically modernising Bermuda's anti-bribery legislation.
By Stephanie Sanderson
Ask any one of the sophisticated and discerning businesses, high net worth individuals (HNWIs) and investors who have made Bermuda their jurisdiction of choice as to why they chose...
By Gretchen Tucker
T he Personal Information Protection Act 2016 (PIPA) is due to come fully into force in late summer 2018 and is intended to establish a bespoke privacy framework for the protection of personal information...
By Matthew Madeiros
Bermuda is a subtropical Island in the middle of the Atlantic Ocean which is an Overseas Dependent Territory of the United Kingdom. While known as a tourism destination, Bermuda is also a major center for off shore business and has a booming construction industry.
By Kit Cunningham
Trade and Service Marks are the most popular form of registered intellectual properties in Bermuda.
By Stephanie Sanderson
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.
By Stephanie Sanderson
Generally, under the Common Reporting Standard (CRS) investment managers and advisers are classified as ‘Investment Entities' and are ‘Reporting Financial Institutions' for CRS purposes.
By Stephanie Sanderson
Nil filings are not mandatory in Bermuda but may be filed if a Reporting Financial Institution wishes to submit a nil filing to confirm that they have no reportable accounts for the relevant reporting period.
By Stephanie Sanderson
The merger mania that Bermuda witnessed in 2015 – particularly in the (re)insurance sector – has recently slowed down.
By Stephanie Sanderson
The Regulations govern the implementation and enforcement of the CRS and the CbCR regimes, respectively.
By Stephanie Sanderson
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...
By Stephanie Sanderson
The Bermuda Government has issued the highly anticipated Common Reporting Standard (CRS) Regulations setting out the CRS obligations that Bermuda Reporting Financial Institutions must comply with.
By Gretchen Tucker
The Employment Act 2000 (the Act) promotes the fair treatment of both employers and employees in Bermuda by establishing minimum employment standards and enforcing those standards through the Employment Tribunal (the Tribunal).
By Gretchen Tucker
Under the Incentives for Job Makers Act 2013, employers can apply to the Minister of Home Affairs to obtain the concession of having their senior executives, who are responsible for the continued presence of jobs for Bermudians in Bermuda, exempt from needing a work permit.
By Gretchen Tucker
In 2014, the Supreme Court of Bermuda handed down a decision which confirmed that the Bermuda Immigration and Protection Act 1956 (the Act) provides a basis for Permanent Resident Certificate (PRC) holders to apply for Bermudian Status (Status).