Politics BMA given new powers to oversee digital asset business The legislation imposes an obligation on a Class T licensee to maintain a record of both its client and its own transactions May 20, 2023
Reinsurance Five new insurers registered in April Two Restricted SPI insurers were among five registered by the Bermuda Monetary Authority in April May 16, 2023
Reinsurance New requirements for re/insurers Commercial insurers may be required to prepare a recovery plan under a Bill tabled in the House of Assembly May 16, 2023
International Business BMA refutes conflict of interest claim The Bermuda Monetary Authority answered criticisms of a conflict of interest by saying an existing policy prevented such a conflict May 04, 2023
Local Business Island’s banking sector grows by 2% in fourth quarter of 2022 Banking sector total assets were up in the fourth quarter but declined overall in 2022, the Bermuda Monetary Authority has reported May 01, 2023
Reinsurance Hayward to lead Bermuda delegation to Rims A delegation from Bermuda is heading to Atlanta for the annual conference of the Risk and Insurance Management Society Apr 28, 2023
Community A passion for public policy Donald Scott, the island’s former Financial Secretary, was considering studying law until a teacher pointed him towards economics Apr 26, 2023
Banking Q4 combined bank profits soar Net after-tax income for Bermuda’s banks was up by 38.9 per cent in the fourth quarter of 2022, the Bermuda Monetary Authority reports Apr 25, 2023
Reinsurance Nayms is building a new digital insurance marketplace A Bermuda-regulated marketplace for on-chain insurance is a step closer to launch after a private token sale Apr 21, 2023
General Legal action threatened over claims of illegal activity by Cash App Research company Hindenburg believes it has unearthed evidence of wrongdoing after a two-year probe into Block Inc and its subsidiary, Cash App Apr 17, 2023
Reinsurance Seven new insurers register in Bermuda in March A total of 14 insurers have formed in Bermuda this year, according to the Bermuda Monetary Authority Apr 14, 2023
Local Business Digital assets - unpacking the proportionality principle Carl Meyer and Karim Creary say size and complexity matters when it comes to regulation of digital asset businesses Mar 23, 2023
