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Grim figures on the impact of the Covid-19 pandemic were revealed last night by the Minister of Finance. Curtis Dickinson said the island’s total debt had gone up by about $520 million as a result of the double whammy of a plunge in revenues and pand...

A Jersey politician has said that Bob Richards’s claim of racial bias in Britain’s differing treatment of its Overseas Territories and its Crown Dependencies should not be dismissed. Deputy Kristen Morel, who chairs Jersey’s Economic Affairs Scrutiny...

The Registrar of Companies will oversee dealers in high value goods after MPs passed legislation last night. The supervisory function will transfer from the Financial Intelligence Agency under the Registrar of Companies (Supervision and Regulations) ...

The Bermuda Government responded to the risk of “new standards” in moving to make its beneficial ownership register public by 2023. Curtis Dickinson, the Minister of Finance, said the Government “did not wait for a crisis to appear before altering co...

This week as I pivot between online development meetings with new business partners in the United States, Britain, Canada and Singapore, I am excited to give you a glimpse into some of the ways that my colleagues and I are expanding a number of our p...

Struggling bars and restaurants will be able to apply for payroll tax relief, the Minister of Finance announced yesterday. Curtis Dickinson said that for the quarter scheduled to end tomorrow, payroll tax would be rated zero for the employer and empl...

A “virtual summit” on blockchain and fintech business goes online tomorrow and Friday, including a presentation from Alex Marshall, the founder of BermudaChain. BermudaChain has worked with the Government’s fintech business unit to develop educationa...

Residency rules and immigration policies are important factors for Bermuda to address as it grapples with the economic challenges and “existential issues” arising from the Covid-19 pandemic. This is the advice from the Financial Policy Council, which...

Managing your cashflow has become critical since this Covid-19 crisis emerged. Most have lost or have reduced income. To meet this historic challenge, the Government of Bermuda has legislated emergency financial assistance for those unemployed after ...

Dear Sir, In August 2012, the late Larry Burchall explained some harsh truths about our national finances. I always admired Mr Burchall, who was a numbers guy and was able to translate the Government’s financial position into a language we could all ...

Failing to “unlock” economies around the world within the next couple of months would risk a global depression, a Bermudian financial-services firm CEO has warned. Scott Lines, the chairman and chief executive officer of LOM Financial Ltd, urged more...

The race to come in line with international standards has left Bermuda in a strong position, the finance minister said. Curtis Dickinson told the House of Assembly on Monday that last year had been a “transitional” year with a degree of uncertainty a...