Effective 1 May 2026, Bermuda's Department of Immigration has made further significant revisions to the Work Permit Policy last updated in November 2025. This briefing highlights the most important updates and their implications…
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/ Immigration Law, International Law & Trade, Labor & Employment Law
Legal framework Section 235 of the Companies Act 1981 and Section 37 of the Bankruptcy Act 1989. Section 150 of the BVI's Insolvency Act 2003 (the "Insolvency Act") governs insolvency set-off, applicable to mutual dealings…
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/ Bankruptcy, Commercial Law & Contracts, Finance & Banking, International Law & Trade
The directors of a Bermuda company owe certain duties to their company when fulfilling their responsibility to oversee the management of the company. That includes both fiduciary duties which are rooted in honesty and loyalty to…
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/ Bankruptcy, Business Organizations, Insurance, International Law & Trade
The Cayman Islands is a common law jurisdiction, which is based on the English model. It comprises statute law and binding case precedents. English and British Commonwealth case authorities are generally persuasive, but not…
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/ Business Organizations, Finance & Banking, International Law & Trade
The Beneficial Ownership Act 2025 (the "BO Act") came into force in November 2025. It consolidated the previous Bermuda beneficial ownership regime into a single piece of legislation, and enhanced the beneficial ownership…
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/ Business Organizations, Finance & Banking, International Law & Trade
The Cayman Islands’ Crypto‑Asset Reporting Framework has been in force since 1 January 2026, with the registration deadline for Cayman Reporting Crypto‑Asset Service Providers now extended to 31 January 2027…
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/ Finance & Banking, International Law & Trade, Science, Computers, & Technology, Taxation
The Bermuda purpose trust is an effective and flexible tool which can be useful in a number of different scenarios. Having been widely used in the private wealth context for some time, Bermuda purpose trusts can also be used in…
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/ Bankruptcy, Finance & Banking, International Law & Trade, Taxation, Wills, Trusts, & Estate Planning
The Cayman Islands has updated its investment funds regulatory framework to clarify the treatment of tokenised fund structures and introduce a dedicated regime for their oversight by CIMA…
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/ Commercial Law & Contracts, Finance & Banking, International Law & Trade, Science, Computers, & Technology, Securities Law
Shareholder activism has been on the rise globally over the past decade. Bermuda has not been immune from that trend. Shareholder activism in Bermuda often involves differing considerations unique to offshore jurisdictions…
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/ Business Organizations, Commercial Law & Contracts, International Law & Trade, Securities Law
Our investment funds team outline the latest developments within the investment funds market in the British Virgin Islands, detailing the latest statistics published by the Financial Services Commission in Q4 2025…
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/ Commercial Law & Contracts, Finance & Banking, International Law & Trade, Securities Law
Our investment funds team outline the latest developments within the investment funds market in the Cayman Islands, focusing on the amendments to the CRS regulations…
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/ Commercial Law & Contracts, Finance & Banking, International Law & Trade, Securities Law, Taxation
Our investment funds team outline the latest developments within the investment funds market in Bermuda, including updates to the Beneficial Ownership Regime and the personal declaration forms for directors and officers…
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/ Commercial Law & Contracts, Finance & Banking, International Law & Trade, Securities Law
A trust is a legal arrangement which distinguishes between the legal and beneficial ownership of property. Legal ownership is transferred to a trustee who manages and administers the property for the benefit of the beneficiaries…
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/ Finance & Banking, International Law & Trade, Taxation, Wills, Trusts, & Estate Planning
In Aquapoint LP (in Official Liquidation) v Xiaohu Fan [2025] UKPC 56, the Privy Council confirmed that a Cayman Islands exempted limited partnership ("ELP") can be wound up on grounds that it is just and equitable to do so…
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/ Bankruptcy, Business Organizations, Commercial Law & Contracts, International Law & Trade
On 20 January 2026, the Bermuda Monetary Authority (“BMA”) appeared at the Bermuda Captive Network’s half-day education summit, speaking on what is required to make a meaningful captive licence application and reminding…
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/ Finance & Banking, Insurance, International Law & Trade
