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In the second of a two-part series, Stephanie Paiva Sanderson, Corporate Attorney and Chair of the Industry/Government Joint Committee on Fatca and CRS analyses recent developments in the global effort to increase transparency and how Bermuda is part...

David Cameron, the British Prime Minister, yesterday admitted some Overseas Territories are ahead of the UK in financial regulation. And Finance Minister Bob Richards said he had no doubt Mr Cameron meant Bermuda. Mr Richards, who attended the UK’s a...

Bermuda recorded a fifth successive quarter of economic growth in the last three months of 2015. Quarterly gross domestic product figures released by the Department of Statistics today showed that GDP was $1.4 billion in the fourth quarter of last ye...

Utility Ascendant Group fell 9.1 per cent in Bermuda Stock Exchange trading today. The company, which owns electricity provider Belco slipped 45 cents to $4.50 as 3,000 shares traded. The Royal Gazette/BSX Index closed down 4.34 points, or 0.37 per c...

Bob Richards, the Minister of Finance, is in London and is expected to join a number of global leaders today at an anti-corruption summit. The event comes only a month after millions of documents were leaked from Panamanian law firm Mossack Fonseca, ...

NEW YORK (Bloomberg) — Athene Holding Ltd, the Bermudian-based annuity provider, is planning to float on the New York Stock Exchange. The company, which has strong ties to private-equity firm Apollo Global Management, expanded substantially last yea...

KINSHASA (Bloomberg) — Democratic Republic of Congo’s state-run miner Gecamines said it wasn’t informed about the sale of one the country’s biggest copper projects by Freeport McMoran and it plans to investigate the deal in order to “assert its right...

A Bermudian expert in insurance is to speak at a major conference in New York next week. Michael Coles, the chief innovation officer at Blue Marble Microinsurance, will discuss new ideas shaking up the insurance industry in the keynote address to glo...

HSBC Bermuda is backing green energy with a new loans scheme. The bank said that its new Green Loan scheme was a simple and affordable way for customers to invest in solar energy and energy-saving products. The deal offers 100 per cent financing, HSB...

Hamilton Insurance Group has opened up new offices in London to boost its presence in the Lloyd’s of London market. And yesterday Bob Richards, the Minister of Finance, joined Brian Duperreault, Hamilton’s chairman and chief executive officer, and De...