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Bermudian lawyer Jonathan White’s Call to the Bar ceremony perpetuated a family legacy going back to his ancestor Anthony White, who served as the island’s chief justice from 1706 to 1708. The new attorney also had the distinction of being welcomed t...

Licensed entities should plan ahead to ensure regulatory compliance rather than risk penalties being imposed as a result of deficiencies uncovered following a visit from the Bermuda Monetary Authority. Regulated entities, including those licensed und...

Instituted at the beginning of the year, new reporting requirements for Bermuda commercial insurers registered as Class 3A, Class 3B, Class 4, Class C, Class D or Class E (Insurers) under the Insurance Act 1978 (Act), improve the visibility of the fi...

The Bermuda trust is a popular estate planning vehicle for private clients wishing to structure their affairs in a tax efficient manner. There are a whole host of reasons why this is so, including asset protection, preservation of wealth for future g...

Appleby partner Vanessa Schrum has won a top award at the Citywealth Power Women Awards in London. Ms Shrum picked up the Woman of the Year award in the professional services category in the competition, sponsored by the international finance magazin...

An international law firm that linked up with an island legal company has won the right to be recognised in Bermuda. But the winning case by Walkers (Bermuda), which set up an agreement with Bermudian firm Taylors under a licensing deal, is set to be...

The Segregated Accounts Companies Act 2000 (SAC Act) makes it possible for a company incorporated in Bermuda to register as a segregated accounts company (SAC). A segregated account contains assets and liabilities that are legally separated from (i)...

A woman ordered to pay more than $6,000 in legal costs has had the fee reduced after the court found she had not been adequately warned about rising costs. While Myrna Hill had been ordered to pay lawyer Michael Smith $6,206 in legal fees in Magistra...

At least one member of a Bulgarian duo convicted of stealing nearly $20,000 from local banks using fake cards could be brought back to the island to serve extra time in jail. The news came from Larry Mussenden, the Director of Public Prosecutions, du...

The elimination of tax evasion is a laudable objective. Governments miss out on revenue if assets are moved to other jurisdictions to evade taxes, and the impact is greater in poorer countries. However, it is reasonable to ask whether international...

The year 2016 was rather exciting for Bermuda from the legislative and regulatory perspective not only for the quantity and quality of developments in this arena over the past year but also because of the notable achievements of the jurisdiction such...

For Kentisha Tweed a life’s ambition was achieved when she was Called to the Bar in her home country this month. It was the culmination of many years of hard work and came two years after she was Called to the Bar of England and Wales. Ms Tweed, 30, ...