ABIC´S Third Annual Golf Tournament Set for March 14th

Hamilton, Bermuda, February 21, 2007. The Association of Bermuda International Companies (ABIC) has scheduled it´s second annual Golf Tournament, a networking event for representatives of it´s member companies and guests from the Bermuda Government, local banks, law firms and other corporations which conduct business with the international sector. The tournament will be held Wednesday March […]

ABIC Responds to 2007 Budget

The Association of Bermuda International Companies (ABIC) has made an initial response to the Budget Statement released by the Government of Bermuda – noting that further analysis and opinion will follow after the report can be addressed in greater detail. “We consider the Budget Statement , as one would expect from Minister of Finance Paula […]

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 […]