Log In

LOM Financial Ltd bought back 173,065 of its own shares for cancellation during the month of August at an average price of $2.78. The total $481,000 worth of share repurchases during the month were pursuant to Regulation 6.38 of the BSX Listing Regul...

Information Commissioner Gitanjali Gutierrez has upheld a decision by the Bermuda Monetary Authority to withhold records about its staff recruitment plans. But she has told the authority it must reveal whether such a record exists and whether it incl...

Readers may recall from The Royal Gazette of about two years ago the story of a Warwick resident who ran up a series of six-figure debts in the name of her four children — all of whom were under 12 years of age. According to the records of the Suprem...

The Ministry of Finance is pleased to confirm details of its recent transactions in the international debt capital markets. On Thursday, 20 August, Bermuda issued $1.35 billion of two new Senior Notes, split evenly into a 10-year maturity at a record...

Grim figures on the impact of the Covid-19 pandemic were revealed last night by the Minister of Finance. Curtis Dickinson said the island’s total debt had gone up by about $520 million as a result of the double whammy of a plunge in revenues and pand...

A Jersey politician has said that Bob Richards’s claim of racial bias in Britain’s differing treatment of its Overseas Territories and its Crown Dependencies should not be dismissed. Deputy Kristen Morel, who chairs Jersey’s Economic Affairs Scrutiny...

The Registrar of Companies will oversee dealers in high value goods after MPs passed legislation last night. The supervisory function will transfer from the Financial Intelligence Agency under the Registrar of Companies (Supervision and Regulations) ...

The Bermuda Government responded to the risk of “new standards” in moving to make its beneficial ownership register public by 2023. Curtis Dickinson, the Minister of Finance, said the Government “did not wait for a crisis to appear before altering co...

This week as I pivot between online development meetings with new business partners in the United States, Britain, Canada and Singapore, I am excited to give you a glimpse into some of the ways that my colleagues and I are expanding a number of our p...

Struggling bars and restaurants will be able to apply for payroll tax relief, the Minister of Finance announced yesterday. Curtis Dickinson said that for the quarter scheduled to end tomorrow, payroll tax would be rated zero for the employer and empl...

A “virtual summit” on blockchain and fintech business goes online tomorrow and Friday, including a presentation from Alex Marshall, the founder of BermudaChain. BermudaChain has worked with the Government’s fintech business unit to develop educationa...

Residency rules and immigration policies are important factors for Bermuda to address as it grapples with the economic challenges and “existential issues” arising from the Covid-19 pandemic. This is the advice from the Financial Policy Council, which...