Fees hiked for banks, insurers

Government yesterday passed a bill increasing Bermuda Monetary Authority fees for banks, trusts and insurers to help fund 30 new globe-trotting regulators. Minister of Finance Paula Cox said the additional manpower was needed following the International Monetary Fund´s review of Bermuda´s financial services legislation. Although the report, published in January, 2005, recognised the effectiveness of […]

Ezekiel off to London for talks with lawyers

International business leader David Ezekiel is to engage a team of top immigration lawyers to work out ways to stave off a threatened brain drain from six-year term limit policies. He will fly to London at the weekend and the mission has the blessing of Government who stressed it is keen not to discourage talent […]

Outsourcing Trend By Bermuda Companies “A Natural Progression”

Recent announcements by Bermuda companies to open offices in the Nova Scotia capital, Halifax, is a natural progression, and will be a continuing trend, ABIC Chairman David Ezekiel told The Royal Gazette. Over the past month, a string of companies have announced plans to open offices in the Canadian to take advantage of its emerging […]

Minister Unveils Plans for Technology Week

The Minister of Telecommunications and E-Commerce, the Hon. Michael J. Scott, JP, MP today announced that Government is planning to host its very first Technology Week next May. The week will run from May 7 -12, 2007, with the theme, “Everyday, Everywhere, Everyone”. Activities during the week will be designed to encourage greater use of […]