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To raise awareness of personal privacy rights in Bermuda, the TLC Group of Companies kicks off Data Privacy Week tomorrow. The week will include a series of online webinars targeting people in Bermuda of all ages. Data Privacy Week runs until Friday,...

Penalties totalling $400,000 has been imposed on Crown Global Life Insurance Ltd, and Crown Global Life Insurance (Bermuda) Ltd, by the Bermuda Monetary Authority. The civil penalties are pursuant to the provisions of section 20 of the Proceeds of Cr...

Law firm Phoenix Law Chambers has had its corporate service business provider licence revoked by the Bermuda Monetary Authority. The BMA said it had done this due to breaches of the Corporate Service Business Provider Act 2012 in three key areas. It ...

Regulatory issues for the insurance industry will be the topic of conversation when the Association of Bermuda Insurers and Reinsurers hosts a virtual “seaside chat with Jonathan Dixon, secretary-general of the International Association of Insurance ...

A background that ranges from data science to legal services, financial regulations and coding, has given Monika Adams a breadth of skills to stand out from the crowd. Now she has created her own company, Kastleway Compliance, offering industry secto...

Privacy Commissioner Alexander White has predicted that the introduction of the Personal Information Protection Act 2016 could herald a “tidal wave” of demand for local privacy experts. For those looking to ride the trend, the TLC Group is offering ...

As the deadline for companies to make economic substance filings moves nearer, the ability of some to meet requirements, such as holding board meetings on the island or ensuring the appropriate number of employees are located in Bermuda, is likely to...

The Regulatory Authority of Bermuda is inviting the public and industry stakeholders to comment on the grant of spectrum licences, permits, and exempted frequencies for the electronic communications sector through its public consultation process. The...

The Regulatory Authority is seeking to increase fees on electricity providers and telecommunications companies to fund a $1 million-plus increase in its budget for the next financial year. In its work plan consultation document for 2020-21, the RA es...

The Regulatory Authority is seeking public feedback on a document drawn up to protect consumers’ interests. The regulator of both the electricity and telecommunications sectors said the public was invited to comment on a preliminary report on its Pri...

KPMG Bermuda and one of its managing directors have been fined and censured by the Public Company Accounting Oversight Board, the firm’s regulator for the audits of American public companies. KPMG has been fined $250,000 while Damion J Henderson, who...

Bermuda could benefit from the introduction of economic substance rules for companies registered on the island, but the guessing game is not over yet. Indeed, less than two months after coming into force, the Economic Substance Regulations 2018 have ...