Archive for January 21st, 2011
Bermuda To Meet New EU Fund Standards
Bermuda’s financial regulatory regime is set to meet newly agreed standards under the Alternative Investment Funds Managers Directive announced by the European Parliament in November, Business Bermuda told “Hedge Week” magazine today [Jan. 21]. Given the island’s status as one of the most compliant and best regulated jurisdictions... Read more of this article
Arrests Made After Drug Bust on North Shore
[Updated] The Bermuda Police Service made a drug bust this morning [Jan. 21] in the North Shore area. The Marine Police were on patrol and stopped a boat and seized what they believe to be a quantity of narcotics. The Police cordoned off the area of Penhurst Park, and numerous Police officers, including an armed officer, were visible on scene. Police... Read more of this article
US Black History Event’s Bermuda Focus
Bermudian academic Dr. Quito Swan will be discussing the island’s racial and political evolution along with the miltant upheavals which rocked Bermuda in the 1970s as part of Black History Month celebrations in Tennessee. Dr. Swan, author of “Black Power in Bermuda and the Struggle for Decolonisation”, will speak on “Black Power... Read more of this article
“Pitchforks” Remark Revives Bermuda Row
Missouri Democratic Senator Claire McCaskill — who encouraged Americans to “take up pitchforks” when President Obama and Congressional Republicans reached an agreement to extend Bush-era US tax cuts for those making more than $500,000 a year – has reopened criticism about her own Bermuda-based reinsurance investments. In December... Read more of this article
