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Neto to lead digital asset workshop

Leading fintech lawyer Natalie Neto will shed light on Bermuda's digital assets, legal and regulatory framework next week.

Ms Neto, a partner in the corporate funds and finance practice at Walkers Bermuda law firm, will give a talk, “Corporate Governance Requirements for Digital Assets Businesses”, on June 3 at the Royal Bermuda Yacht Club. It has been organised by the Institute of Directors, Bermuda branch.

“It will provide an overview of legislation in Bermuda, including the scope and meaning of terms such as ‘digital assets', ‘initial coin offerings', ‘digital assets business activities' and will also consider ICO approvals and DABA licensing requirements,” Ms Neto said.

She will also give an overview of anti-money laundering and anti-terrorism/anti-terrorist funding requirements for initial coin offerings and licensed digital assets businesses as well as governance requirements for an entity that is seeking a license pursuant to the Digital Assets Business Act 2018.

“This is an emerging and very active sector in Bermuda, and it could bring a lot of opportunities in a number of areas, including jobs, the requirement for local directors and senior executives, so it is important to be fully up to speed on this industry and the regulations,” she said.

The presentation begins at 4.30pm. The cost is $35 for IoD members and $55 for non-members. Register at http://bii.bm/CourseStatus.awp?&course=192CIOD0603 no later than Friday or call 295-1596

Fintech lawyer Natalie Neto (Photograph supplied)

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Published May 28, 2019 at 9:00 am (Updated May 28, 2019 at 9:13 am)

Neto to lead digital asset workshop

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