04/04/2025
The VASP Act defines a “VASP” as a virtual asset service provider who provides, as a business, a virtual assets service and is registered to conduct one or more of the following activities
04/04/2025
A revocable trust exists for legal purposes but the assets are still treated as if they are owned by the grantor from a U.S. tax perspective.
04/04/2025
With Bermuda’s role as a global hub for insurance and reinsurance, these rules enhance market stability and regulatory oversight
04/03/2025
If the last decade has taught us anything, it is that climate leadership is no longer the preserve of national governments.
04/02/2025
If left unchecked, annual sector emissions could increase by up to 127% by 2050 due to rising infrastructure demand driven by population growth and social economic development.
04/02/2025
The Simmons team advising Enzen was led by Tina Lockwood
04/01/2025
The Appellants nevertheless appealed to the Privy Council with the leave of the Court of Appeal.
04/01/2025
The Natural Capital Fund and Green Fund both predate the EU's SFDR and Taxonomy Directives, marking out Guernsey as an early adopter and leader in sustainable finance.
04/01/2025
The practical implications of these updates are that travelers whose country is listed must present an MRV for the UK, US or Canada to enter Bermuda.
04/01/2025
Economic substance requirements that apply to companies now extend to partnerships.
04/01/2025
With the newly acquired licence, Ogier Global is equipped to provide an expanded suite of fund administration solutions to its global clientele.
03/31/2025
Statutory sick pay (‘SSP’) increases from £116.75 to £118.75 with effect from 6 April 2025.
03/31/2025
The consultation paper observes that gender pay gap reporting 'has led to greater transparency for employers and employees.
03/31/2025
Fund managers electing to market their products as neither Article 8 nor Article 9 funds face only a limited duty to explain to investors
03/27/2025
The reforms will include the introduction of a “segmented approach” to defence procurement by the MOD, the Treasury confirmed.
03/27/2025
Multidisciplinary team represents the global investment firm in transaction involving its Avenue Golden Continuation Fund.
03/26/2025
An ELP does not have separate legal personality (unlike a Cayman company) and acts through its general partner.
03/26/2025
The FCA strategy is built on four priorities which support its statutory objectives relating to consumer protection, integrity, competition and growth.
03/26/2025
This legislative proposal, which was announced in July 2024 during the King’s Speech, is separate from the Employment Rights Bill.
03/25/2025
Dominique Lensink looks at processes to adopt to help comply with the complex EU framework around cyber security.