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Arianna Hodgson says a $21 million figure for the expected additional revenue from fee increases was incorrect, and apologises for any confusion caused

The One Bermuda Alliance says according to this year’s Budget book, the Government paid out almost $2.9 million to the fund up to March, 2022.

This year’s DEI Bermuda Trailblazers Award winners have broken down racial and gender barriers

Letter writer and financial expert Nicolette Reiss calls Derrick Burgess’s revelations in Parliament a black eye for Bermuda

The post of the Government’s Financial Secretary has been advertised at a salary of more than $200,000 a year. The role has been covered for nearly two years by Acting Financial Secretary Cheryl-Ann Lister. The advert for the $214,092 position said:...

A survey of the most heavily fined companies has highlighted Bermuda among the leaders in total financial penalties

What to expect in 2023: it’s hard to believe that the post-Covid world at one point was supposed to usher in a new consumer-led boom worthy of the “Roaring Twenties”. Instead, crises have only kept piling up, from war to inflation, triggering dispara...

The Ministry of Finance has reminded payroll tax rebate applicants and their employers to follow up with their government applications. The ministry has received 5,116 applications from employees and has so far given about $700,000 in rebates to 3,62...

The next step of a pilot programme using digital tokens to benefit vendors and residents has been delayed, the Ministry of Finance confirmed. The Digital Stimulus programme, announced in September 2020, was designed to use a cryptocurrency model for ...

Bermuda’s nascent fintech sector has experienced its fair share of failures in the past four years and is now feeling the effects of the high-profile collapse of FTX, the world’s second-largest cryptocurrency exchange. Sam Strangeways reports on ...

Bermuda’s fintech sector is small but thriving under the watchful gaze of the island’s financial regulator, according to industry professionals. The Royal Gazette spoke with many of the 16 companies licensed under the Digital Asset Business Act 2...

The Bermuda Stock Exchange listed financial services investment holding company, Somers Ltd., has reported a net loss over the second half of the year and substantial declines in shareholders’ equity and net asset value per share in its full year res...