Senior Corporate Counsel, Bourn Collier, recently explored part of Bermuda’s history of wartime censorship and codebreaking with modern similarities to Bermuda’s digital asset industry and its hosting of encryption and cryptocurrencies technologies.
The Cybersecurity Act 2024 to usher in a new era for the protection of Bermuda’s critical national information infrastructure
The advantage of a partnership is that it is versatile enough to handle a wide scope of business activities and this Guide provides an overview of partnerships generally and the more commonly used exempted limited partnerships.
Sharon A. Beesley and Bourn Collier have authored the Bermuda chapter of Getting the Deal Through: Public M&A, 2023 edition. This focused international publication covers M&A transactional requirements and procedures governing publicly listed companies, covering such areas as: types of business combinations, applicable legislation, filings and public disclosure requirements, substantial shareholding regulations, duties of directors and controlling shareholders, shareholder rights of approval and appraisal, and hostile transactions, among other key topics.
In this article, Sharon A. Beesley and Bourn Collier consider the rise of a new business structure involving decentralised forms of business conducted on blockchains or distributed ledgers, referred to as decentralised autonomous organisations (DAOs). Bermuda is a leading jurisdiction for digital asset (or crypto-asset) business and the authors consider key challenges and like characterisations of the new structures.
Bourn Collier and Sharon Beesley consider recent guidance published by the International Capital Markets Association (ICMA), in respect of risk factors and disclosures for blockchain-based instruments
Bourn Collier and Sharon Beesley consider recent guidance published by the International Capital Markets Association (ICMA), in respect of risk factors and disclosures for blockchain-based instruments
Aester Limited is thrilled to announce its inception as Bermuda’s newest Corporate Service Provider. Aester is affiliated with the BeesMont Group of Companies
Bermuda successfully launched the Digital Asset Business Act (DABA) in 2018 which established the foundation for a comprehensive legislative and regulatory framework designed to support and facilitate growth in the financial technology (Fintech) sector. The digital asset business regulatory regime also encompasses prudential rules (including the Digital Asset Business (Client Disclosure) Rules 2018, the Digital Asset Business (Cybersecurity) Rules 2018, and the Digital Asset Business (Prudential Standards) (Annual Return) Rules 2018) which help to ensure that Bermuda is a leading jurisdiction in the regulation of digital assets and the regulatory regime is fit for purpose.
This Guide provides a brief overview and gives general information relating to the law and procedures for the establishment and operation of investment funds in Bermuda. It has been prepared to assist parties interested in establishing an investment fund in Bermuda and to give a summary of the law and procedures relating to the establishment, operation and ongoing requirements under Bermuda law. It is not intended to be comprehensive but to provide an outline of the laws and regulations which we hope will be of use to our clients while deciding the type of structure that is appropriate for their business objectives.