02/28/2023
KPMG Learning Academy offers gateway to ACCA qualification
A globally-recognised passport to a career in accountancy
Regulation, Risk & Compliance
02/28/2023
Central Bank reports $30 million January decline in external reserves
Contributing this outturn, the Central Bank’s net purchases from commercial banks moderated to $7.1 million from $48.2 million in the preceding year.
02/27/2023
BILTIR backs BMA’s proposed regulatory changes
The proposed regulatory enhancements cover technical provisions, Bermuda Solvency Capital Requirements, the governance of the EBS framework and BMA fee changes.
02/24/2023
Malta Financial Services Authority provides new proposed regime
Similar to another regime – the Notified AIF – the NPIF is only subject to a notification process and hence will not be licenced by the MFSA.
02/24/2023
St Kitts and Nevis becomes first Caribbean nation to sign agreement with AFREXIMBANK
The two-day event in the Bahamas witnessed many leaders from around the Caribbean region addressing individual & common issues and discussing their solutions.
02/23/2023
Enstar signs motor book LPT with RACQ
This transaction with RACQ, one of the largest auto insurers in Queensland, is well aligned with our core competencies
02/23/2023
Investment Business Amendment Act 2022 – Application Deadline
Existing entities brought into scope by the Amendment Act of the requirement to be registered or licensed under the IBA will need to apply to the Bermuda Monetary Authority
02/23/2023
Licensing under the new lending, credit and finance law
Any business activity that is within scope of the LCF Law is not permitted without a licence
02/22/2023
ZEDRA completes rebrand of US and Curaçao based fund services provider, Atlas Fund Services
Reflecting ZEDRA’s ambitions for the US and LATAM market and commitment to becoming an international leader in the funds services industry.
02/22/2023
KPMG head urges companies to prepare for the unexpected
The event, hosted in conjunction with KPMG, was attended by more than 100 people.
02/21/2023
Enstar completes $1.9bn LPT deal with QBE
This transaction, our second significant collaboration with leading insurance group, QBE, represents a unique and emerging business opportunity for Enstar.
02/21/2023
RA says it does not regulate environmental emissions
The RA’s primary mandate is to provide an effective regulatory framework that serves all utility related stakeholders
02/21/2023
BIA: Health insurers did not violate VAT law
“The BIA rejects the assertion that health insurers were operating in contravention of the law,” the BIA said.
02/21/2023
BOJ leaves interest rate unchanged at 7.0%
But banks to hold more cash in reserve
02/21/2023
British Virgin Islands added to EU blacklist
The British Virgin Islands (BVI) is committed to complying with evolving international standards on transparency and the fight against financial crime.
02/21/2023
Jersey telecoms regulator launches consultation on spectrum allocation
Radio spectrum is the invisible but essential resource needed to wirelessly connect the devices of users to the networks of telecoms operators.
02/21/2023
Budget outlines plans to get tough on tax dodgers
These restrictions can include denial of contracts, grants, permits, licences, passports or other government authorisations.
02/21/2023
International business issues warning over budget
Some of those changes can drive decisions and we wanted to make sure that was clear.
02/20/2023
Saint Kitts and Nevis First CARICOM Nation to Sign Agreement with AFreximbank
The Caribbean Community (CARICOM) represents one of the largest African Diaspora regions.
02/20/2023
Governance reformer calls on gov’t to protect National Insurance fund
Edwards noted that in assessing and analyzing the solutions to the matter one should not dismiss the reluctance of Prime Minister Philip Davis in making what appears to be a straightforward and simple decision.