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Bermuda is one of 129 countries and jurisdictions to have agreed on a road map aimed at modernising international tax rules for the digital age. The Organisation for Economic Co-operation and Development/G20 Inclusive Framework on Beps [Base Erosion ...

SS&C Technologies Holdings has announced the appointment of Ken Mahadeo as the head of fund administration for SS&C Fund Services (Bermuda) Ltd. Mr Mahadeo has over 20 years’ experience in the financial-services sector and is responsible for leading...

Bermudian-based fintech company Velocity Ledger Technology Ltd is to release its testnet and blockchain network API today. The launch will allow businesses and individuals to develop applications to integrate with the network for the issuance, tradin...

Aurum Fund Management Ltd has achieved remarkable things since it was founded in Bermuda on August 11, 1994. The fund of hedge funds management firm has won more than 50 industry awards for earning its investors steady returns, regardless of market d...

Bermuda’s international business sector applauded the decision by European Union to remove the island from its tax blacklist. The EU’s Economic and Financial Affairs Council confirmed at a meeting in Brussels on Friday that the island is no longer on...

A digital asset business linked to diamonds that is said to have attracted millions of dollars in pre-orders from institutional investors, could be cleared to transact with its token and exchange by the end of this month. That is according to Cormac ...

Bermuda highlighted its regulatory and legal framework for fintech business, as a delegation of government and industry experts returned for a second year to Blockchain Week in New York for Consensus 2019. David Burt, the Premier, accompanied by Curt...

One of the world’s biggest cryptocurrency exchanges, Binance, has been hacked and an estimated $40 million worth of bitcoin stolen. It has temporarily suspended all withdrawals on its platform as it investigates the breach, and said it will replace t...

Investment firm LOM Financial Ltd’s assets under administration have topped the $1 billion mark this year. The company reported the milestone in a letter to shareholders from Scott Lines, the company’s chairman and chief executive officer, as the fir...

Fygaro, DHL Express and Bermudian-based First Atlantic Commerce have partnered to launch E-Commerce in a Box — a sales, invoicing, and shipping solution for Caribbean businesses and entrepreneurs. Ariel Rochwerger, Fygaro founder and co-chief executi...