Stephanie P. Sanderson, Partner, breaks down the Common Reporting Standard (CRS) and explains the impact that the global compliance measure has on insurance companies and captives in an article for the Captive Insurance Times, Issue 149 distributed at the Bermuda Captive Conference.
The Government of Bermuda has amended the Bermuda Common Reporting Standard (CRS) Regulations to make nil return filings mandatory for Reporting Financial Institutions that maintained no Reportable Accounts during the applicable calendar year. The deadline for filing CRS reports for the 2017 reporting year is 31st May, 2018. However, the Ministry of Finance has confirmed that (for this reporting year) nil filings should be submitted by 1st August, 2018 to avoid penalties or sanctions.
Virtual currency, initial coin offerings, and blockchain are at the forefront of the newest emerging financial industry: Fintech. With its size and ample industry expertise, Bermuda is uniquely positioned to spearhead the implementation of a regulatory structure that effectively balances the innovative drive of the Fintech industry and compliance with prudential international legal and regulatory standards. The Government of Bermuda has announced various developments as Bermuda quickly becomes the global leader in the Fintech industry. This article provides a summary of these developments.
Stephanie Sanderson provides analysis of the statutory rights and protections afforded to minority shareholders in relation to M&A, takeovers and squeeze-outs as well as the body of case law relating to this area of law.
BeesMont is pleased to have contributed the Bermuda Chapter in China Offshore 7th Annual Company Formation Guide, led by Stephanie Sanderson, Corporate Partner. The publication is now available online.
Please click here to access the full publication.
BeesMont Law is sponsoring the Centre on Philanthropy’s new website which will benefit the Centre on Philanthropy’s members, donors and volunteers. The firm is pleased to be able to support such a worthy organisation which supports and provides invaluable services to Bermuda’s Third Sector.
Stephanie P. Sanderson, Corporate Partner, has been named as a Rising Star by Bermuda Re+ILS in Bermuda’s Rising Stars: The next generation of leaders for her work in international tax transparency, regulatory and compliance as well as investment funds related to risk transfer structures and insurance-linked securities (ILS). Rising Stars are featured by the publication as future leaders of their companies and the industry as a whole.
BeesMont Law is pleased to have received the 2017 Legal Services Award as part of The Bermudian’s annual Product & Service Awards which celebrate successful local businesses excelling in their respective areas of expertise.
In an article published in the China Business Law Journal, Stephanie Sanderson discusses why sophisticated and discerning businesses, high net worth individuals (HNWIs) and investors make Bermuda their jurisdiction of choice and what makes Bermuda stand out as a world-class centre of commerce.
Stephanie Sanderson, Corporate Partner, authored the Bermuda Chapter in Getting the Deal Through: Mergers & Acquisitions 2017. This volume is a part of the popular Getting the Deal Through series of legal guides, the market leading global guide to law and regulation. The Bermuda chapter follows a ‘Q&A’ framework discussing topical trends as well as providing essential need to know answers to fundamental questions facing corporations and counsel.
Reproduced with permission from Law Business Research Ltd. Getting the Deal Through: Mergers & Acquisitions 2017, (published in May 2017; contributing editor: Alan M Klein, Simpson Thacher & Barlett LLP) For further information please visit https://gettingthedealthrough.com/area/21/mergers-acquisitions/