3082 results returned for search: "" category ("International Business" AND "Business")
Bermuda’s Butterfield Fulcrum Group is being acquired by a subsidiary of Japan’s Mitsubishi UFJ Financial Group to become their global fund administration platform and to grow the business significantly.
Butterfield Fulcrum will continue to operate i...
DATE: Jun 20, 2013
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CATEGORY:
International Business
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New accounting proposals will result in “a new world for insurance”, says KPMG in Bermuda.
The firm said in a statement KPMG welcomes revised insurance accounting proposals, published today by the IASB, marking a major step towards modernising and h...
DATE: Jun 20, 2013
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CATEGORY:
International Business
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KPMG in Bermuda has announced its 2013 Island Infrastructure Summit will take place September 22 to 24 in Miami, Florida, focusing on issues affecting island jurisdictions.
This year’s summit will explore how island economies can use alternative fina...
DATE: Jun 20, 2013
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CATEGORY:
International Business
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Discord is dogging a shake-up of EU insurance rules, according to an FT report yesterday.
The article says “to the chagrin of national regulators and insurers, the new EU capital requirements — which will help determine insurance regulations as far a...
DATE: Jun 20, 2013
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CATEGORY:
International Business
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A British newspaper article said Prime Minister David Cameron could make Bermuda open up on taxes if it wanted to.
"If Bermuda succeeds in undermining an attempted crackdown on tax havens, it's because our PM allowed it to happen," writes The Guardia...
DATE: Jun 19, 2013
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CATEGORY:
International Business
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A billionaire investor and his family’s Bermuda’s IAT Reinsurance are suing the US Internal Revenue Service for refunds of $186 million in taxes and interest they paid after the IRS revoked IAT’s tax-exemption retroactively.
Forbes reports that in co...
DATE: Jun 19, 2013
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CATEGORY:
International Business
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A leading UK economist and columnist for the Financial Times has come to Bermuda’s defence in the growing tax avoidance debate.
Under the headline “Don’t blame the havens tax dodging is everyone else’s fault”, John Kay writes that the week’s Group of...
DATE: Jun 19, 2013
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CATEGORY:
International Business
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A billionaire investor and his family’s Bermuda’s IAT Reinsurance are suing the US Internal Revenue Service for refunds of $186 million in taxes and interest they paid after the IRS revoked IAT’s tax-exemption retroactively.
Forbes reports that in co...
DATE: Jun 18, 2013
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CATEGORY:
International Business
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Appromiately 2,000 foreigners face expulsion from the Cayman Islands in October when their work visas expire, Bloomberg reports.
Cayman’s new Premier Alden McLaughlin has made it “quite clear” to his immigration department that he wants to find a way...
DATE: Jun 18, 2013
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
RenaissanceRe has been in operation for 20 years today, and they are to enter their third decade with a new chief executive officer and company director at the helm.
Kevin O’Donnell will officially become RenRe’s CEO on July 1. He joined as the ...
DATE: Jun 14, 2013
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
