When Russia invaded Ukraine on 22 February 2022 most Bermudian residents did not think it would have much impact to the island. However as both an overseas territory of the United Kingdom and as an international finance...more
12/24/2024
/ Anti-Money Laundering ,
Asset Freeze ,
Aviation Industry ,
Bermuda ,
Civil Aviation Authority (the CAA) ,
Economic Sanctions ,
Enforcement ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Reinsurance ,
Russia ,
Sanctions ,
UK ,
Ukraine
An old adage says that the only things in life that are certain are death and taxes. We think regulatory changes can surely be added to that list. A number of regulatory updates will affect Bermuda entities this year, and we...more
4/3/2023
/ Beneficial Owner ,
Bermuda ,
Code of Conduct ,
Companies Act ,
Corporate Governance ,
Cybersecurity ,
Economic Sanctions ,
Economic Substance Doctrine ,
EU ,
FATF ,
Investment ,
Investment Companies ,
New Regulations ,
Personal Information Protection Act ,
PIPA ,
Regulatory Agenda ,
Regulatory Requirements ,
Risk Management ,
Russia ,
Sanctions ,
UK