Government ministers yesterday continued to spread the message that Bermuda is open for digital business.

David Burt, the Premier, is to highlight the development of financial technology in Bermuda at a regional leaders conference in Jamaica.

Wayne Caines, the Minister of National Security, is in France to promote Bermuda’s views on regulations for digital assets at a meeting of the Organisation for Economic Co-operation and Development.

Mr Burt, who is also the Minister of Finance, is representing Bermuda at a meeting of the Conference of the Caribbean Community heads of government in Montego Bay.

The meeting, from today until Friday, will discuss topics including factors that affect the implementation of the Caricom Single Market and Economy, disaster preparedness, crime and security.

Mr Burt will lead a discussion on how fintech might help diversify economies and promote economic growth in the region.

He said: “Our links to the Caribbean continue to be strong and I am pleased to have the opportunity to share Bermuda’s story with fellow members of Caricom.

“This meeting takes place against the backdrop of the region continuing to deal with the effects of last year’s hurricanes as well as economic issues.

“There are some common experiences that can yield common strategies that help all of us and Bermuda can play a part in fostering resilience in the region’s approach to these issues.”

Progressive Labour Party MPs Christopher Famous and Curtis Dickinson have joined Mr Burt on the trip, with Mr Dickinson due to take part in a discussion on banking.

Mr Caines was invited by the OECD to its headquarters in Paris for its “Roundtable on Digital Financial Assets: Actions and Approaches” conference.

He spoke during a panel session on regulation and was joined by international regulators from groups including the Financial Action Task Force, the International Monetary Fund and government, business and technology leaders from around the world.

The panel looked at regulatory and policy matters and approaches adopted at country and regional levels.

It also discussed possible actions to achieve public policy objectives, including market integrity, consumer protection, privacy, cybersecurity, financial stability, and anti-money laundering and counterterrorism financing.

Mr Caines said: “Bermuda has captured the attention of global leaders in blockchain technology and the field of fintech because of an innovative raft of legislation that prioritises compliance on multiple dimensions, has a demonstrated history as a consistent and reliable jurisdiction and has led the charge in digital asset legislation.

“I look forward to joining leaders in the field and showcasing Bermuda’s approach to building a framework for this new class of asset with our initial coin offering legislation as well as the Bermuda Digital Asset Business Act.”