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 […]
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 […]
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 […]
ABIC continues to work on behalf of its members in many areas, all of which are designed to follow through with our Mission Statement which seeks to ´preserve the environment to which we came´. This involves taxes, work permits, employment legislation and all the other issues that impact upon us. Undoubtedly the greatest challenge facing […]
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 […]
