Cabinet Office’s Post G8 Summit Action Plan
The Cabinet Office released a document today [July 30] which they said lays out Bermuda’s “Action Plan” as a follow-up to the G8 Summit held in June 2013.
Premier Craig Cannonier said today, “Government’s G8 action plan builds upon the strength and robustness of Bermuda’s legal and prudential regime that provides the platform for the provision of financial services to the global economy with a particular focus on insurance and reinsurance.
“The measures outlined in our plan will ensure that Bermuda maintains a leading role in the global fight to combat money laundering and terrorist financing and that there are safeguards in place to prevent the misuse of companies and legal arrangements for illicit business transactions.”
The full Post G8 Action Plan [PDF] follows below:
