Our investment funds team outline the latest developments within the investment funds market in Bermuda, covering the Bermuda Monetary Authority ("BMA") business plan 2025, BMA Consultation Paper - operational resilience and...more
This chapter provides the latest legal information on Bermuda's fintech market and regulation, including regulatory jurisdiction, sandboxes, AML rules and FATF standards; robo-advisers, online lenders and payment processors;...more
4/18/2025
/ Anti-Money Laundering ,
Bermuda ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
FinTech ,
Insurtech ,
Licensing Rules ,
Open Banking ,
Popular ,
Regulatory Requirements ,
Stablecoins
Regulatory clarity in the digital assets and crypto space continues to be a moving target. Yet, the interest among policymakers and regulators worldwide has never been more pronounced. In the United States, 2024 was a pivotal...more
1/27/2025
/ Anti-Money Laundering ,
Bermuda ,
Blockchain ,
Compliance ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Digital Assets ,
Financial Services Industry ,
FinTech ,
Global Financial Innovation Network (GFIN) ,
Insurtech ,
Regulatory Reform ,
Regulatory Requirements ,
Stablecoins
Carey Olsen has contributed to The Legal 500 Country Comparative Guide 2024 for Blockchain. The aim of this guide is to provide its readers with a pragmatic overview of the law and practice of blockchain law across a variety...more
12/3/2024
/ Anti-Money Laundering ,
Bermuda ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
FATF ,
Initial Coin Offering (ICOs) ,
Non-Fungible Tokens (NFTs) ,
Regulatory Standards ,
Sandbox ,
Securities ,
Taxation ,
Virtual Currency
Partner Steven Rees Davies, counsel Charissa Ball and associate Alexandra Fox have authored the Bermuda chapter of Global Legal Insight's sixth edition guide to blockchain and cryptocurrency regulation. The chapter covers the...more
11/21/2024
/ Anti-Money Laundering ,
Anti-Terrorism Financing ,
Bermuda ,
Bitcoin Mining ,
Blockchain ,
Business Licenses ,
Cryptocurrency ,
Cybersecurity ,
Digital Assets ,
Disclosure Requirements ,
Enforcement ,
Estate Planning ,
Financial Services Industry ,
Global Financial Innovation Network (GFIN) ,
Investment ,
Licenses ,
Popular ,
Reporting Requirements ,
Succession Planning ,
Taxation ,
Testamentary Trust
Our corporate team outline the latest developments within the corporate and finance market in Bermuda including Bermuda’s Corporate Income Tax Act 2023, Cyber risk management and The Bermuda Monetary Authority's enhancements...more
10/22/2024
/ Annual Regulatory Fees ,
Bermuda ,
Chief Information Security Officer (CISO) ,
Corporate Governance ,
Corporate Taxes ,
Cyber Insurance ,
Cybersecurity ,
Domestic Corporations ,
EIOPA ,
Exclusions ,
Exemptions ,
OECD ,
Regulatory Requirements ,
Risk Assessment ,
Risk Management ,
SBA
The Bermuda Monetary Authority (the “BMA”) has issued a consultation paper outlining proposed amendments to the Digital Asset Business Act 2018 (the “Act”) and the Digital Asset Business (Prudential Standards) (Annual Return)...more
Our investment funds team outline the latest developments within the investment funds market in Bermuda, addressing the recent statistics from Q2 2024 published by the Bermuda Monetary Authority (the "BMA") as well as the...more
10/15/2024
/ Audits ,
Bermuda ,
Closed-End Funds ,
Collateral ,
Compliance ,
General-Business ,
Governance Standards ,
Investment Funds ,
Licenses ,
Private Funds ,
Reinsurance ,
Reporting Requirements ,
Securities