Changes to the Employment Act 2000 – Part 3

This Article is Part 3 of our series on the amendments to the Bermuda employment and labour legislation that will be coming into effect on 1 June 2021.

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In recent weeks, news of the JES Global Capital fraud committed by fund manager Elliot Smerling has come to light. Unfortunately, we live in world where fraud, much like death and taxes, is inevitable.

Full steam ahead at the Jersey ships registry

The Ships Registry in Jersey registered more vessels last year than in any of the previous 30 years. Against a backdrop of uncertainty surrounding Brexit and the difficulties created by the global pandemic, we consider what drove this perhaps unlikely statistic.

Economic substance update Q1 2021

There were significant legislative and regulatory developments on economic substance in the offshore jurisdictions in the past 2 to 3 years. As economic substance classification, requirements and guidance notes have largely been finalised by now, a few updates remain to be made on the reporting procedures and deadlines in the last quarter.

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Romanian draft law on 5G technology under strong criticism from both public authorities and private stakeholders

The Draft law on the adoption of certain measures concerning informatic and communications infrastructures of national interest and the conditions for deployment of 5G networks initiated by the former Ministry of Transportation, Infrastructure and Communications has undergone a new series of examinations from the relevant public authorities as part of the legislative procedure.

Insurance Bulletin Spring 2021

Although the full impact of Covid-19 on the re/insurance industry remains unclear, the need to retain capital to meet potential losses has contributed to a general hardening of the market after 15 years of soft market conditions characterised by excess capacity, low prices and more relaxed policy terms.

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