Bermuda: Financial Services

As agentic AI systems gain the ability to make autonomous decisions, they challenge fundamental assumptions about legal accountability and regulatory oversight. This article explores how distributed ledger technology and digital identity frameworks could provide the evidential infrastructure needed to verify and attribute the actions of autonomous systems in regulated environments.

The Bermuda Monetary Authority has introduced new sustainability disclosure requirements for investment funds and launched a streamlined Approval in Principle process to accelerate fund registrations. These regulatory developments aim to enhance investor protection while maintaining Bermuda's competitive position in the global investment funds market.

The Bermuda Monetary Authority has released a consultation paper on artificial intelligence regulation in financial services, proposing a risk-based framework that extends existing regulatory requirements rather than creating new licensing regimes. Financial institutions now face critical decisions about how to classify AI use cases, implement governance controls, and prepare for heightened scrutiny of generative and agentic AI systems before the October 30 feedback deadline.

In this episode of #TechTalks, the conversation turns to key takeaways from two industry conferences — Consensus in Miami and the Digital Finance Forum in Bermuda — and what they signal for the future of digital assets.

On 9 April 2026, the BMA released a consultation paper ('Consultation Paper'), which builds on the Stakeholder Letter issued on 30 March 2026, and provides additional context and information regarding...

The global shipping industry in 2025 demonstrated resilience through active financing markets, strategic consolidation, and a steady pipeline of equity and M&A transactions.

The Cayman Islands Legal Services Act and related Legal Services Regulations (the "LSA") is now fully in force, marking an important development in the regulation of legal services in respect of Cayman Islands law.

As part of ensuring compliance with the Financial Action Task Force (FATF) standards on beneficial ownership and transparency, Bermuda has streamlined its beneficial ownership regime.

Annual catastrophe bond issuance hit record heights for the third consecutive year in 2025, and as Brad Adderley, Managing Partner at law firm Appleby’s Bermuda office highlights, given the significant activity and momentum observed in the market, it would not be unexpected for the market to achieve $20 billion once more in 2026.