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Business Bermuda hosts Singapore event

Business Bermuda CEO Cheryl Packwood

Business Bermuda successfully concluded its Annual Bermuda Financial Services Conference at The Singapore Cricket Club this week.The conference was attended by more than 150 leading lawyers, accountants and financial services executives.The event featured a presentation by Greg Wojciechowski, CEO of the Bermuda Stock Exchange (BSX), on capital markets and the BSX, along with presentations by Cheryl Packwood, CEO of Business Bermuda, on Island’s economic, tax and regulatory standards.Other leading business executives from the Island spoke on the issues of re/insurance, hedge funds, private equity, trusts, private wealth management, aircraft and shipping registry.Ms Packwood said: “Our annual conference has again demonstrated the high interest levels amongst Singapore’s financial and insurance community in Bermuda, and its status as a centre for international business.“Bermuda is open to and open for business and despite the effects of the economic disruption and global disasters, Bermuda has a great opportunity to boost its business as a stable jurisdiction.”Mr Wojciechowski said: “Bermuda is consistently prepared to go the extra mile in the regulatory arena, beyond just mere compliance.“Bermuda is well-positioned to provide their businesses with the best possible services to enhance their growth in a well-regulated, financially strong and highly respected business environment.”James Watlington, principal of Alexanders, Barristers & Attorneys, said: “This was a great opportunity to underscore many of Bermuda’s strengths and to build relationships that will lead to substantive business opportunities.“Singapore is clearly one of the most active business centres in the world and ensuring that Bermuda is well-known and respected by its business community is absolutely essential.”