Hashtag: #Financial

Premier Returns After Taking Part In Roundtable

Premier Returns After Taking Part In Roundtable

Premier and Minister of Finance David Burt returns from Barbados this evening after taking part in the Caribbean Financial Access Roundtable, which “discussed critical issues regarding correspondent banking relationships, de-risking, anti-money laundering, and related banking issues.” “Challenges with correspondent banking relationships... Read more of this article

Premier Burt To Attend Financial Roundtable

Premier Burt To Attend Financial Roundtable

Premier and Minister of Finance David Burt will be in Barbados tomorrow [April 20] to participate in the Caribbean Financial Access Roundtable. A Government spokesperson said, “At the invitation of the Prime Minister and Minister of Finance of Barbados Mia Amor Mottley, Bermuda’s Premier and Minister of Finance David Burt will be in Barbados on... Read more of this article

Financial Policy Council Meeting Today

Financial Policy Council Meeting Today

The Financial Policy Council [FPC] will be holding its next meeting today [Dec 16] which will include “discussions on the 2021 Throne Speech initiatives and consideration of key findings of the 2021 assessment report of the Fiscal Responsibility Panel.” A Government spokesperson said, “The Financial Policy Council [FPC] will be holding... Read more of this article

Net Public Debt Up $184.9M In Fiscal 2019/20

Net Public Debt Up $184.9M In Fiscal 2019/20

“Net Public Debt, which excludes guarantees and is net of the Government Borrowing Sinking Fund increased by $184.9 million during fiscal 2019/20 standing at $2.646 billion at the year-end,” Minister of Finance Curtis Dickinson said. Speaking in the House of Assembly today [March 26], the Minister said, “I rise today to advise Honourable... Read more of this article

Minister: Consolidated Fund Financial Statements

Minister: Consolidated Fund Financial Statements

“I rise today to advise Honourable Members of the completion of the audit of the Consolidated Fund Financial Statements for the year-ended March 31, 2019, which were tabled in this Honourable House today,” Minister of Finance Curtis Dickinson said. Speaking in the House of Assembly today [Dec 13] Minister Dickinson said, ”I am pleased... Read more of this article

Finance Minister On Economic Substance Act

Finance Minister On Economic Substance Act

[Written by Minister of Finance Curtis Dickinson] On Monday, December 17, the House of Assembly united to pass the Economic Substance Act 2018. This saw all 36 Parliamentarians united in defence of and support of our Financial Services Industry, and consequently the livelihood of our country. The people of Bermuda can be proud of their government in... Read more of this article

Minister: Consolidated Fund Financial Statements

Minister: Consolidated Fund Financial Statements

The Auditor General gave a qualified audit opinion on the 2017/18 annual accounts of the Consolidated Fund, Minister of Finance Curtis Dickinson in the House of Assembly. The Consolidated Fund is the general operating fund of the Bermuda Government and reports the financial position, operations, change in net debt and cash flows resulting from the activities... Read more of this article

PLP: ‘Documents Missing Critical Financial Info’

PLP: ‘Documents Missing Critical Financial Info’

“The PLP received 8 copies of the Airport Project Agreement on Saturday from the Government without the signing of a non-disclosure agreement,” Opposition Leader and Shadow Minister of Finance David Burt said, adding that the documents “are missing critical financial information on the Minimum Revenue Guarantee, Revenue Sharing, and... Read more of this article

yCompliance To Host Financial Crime Seminar

yCompliance To Host Financial Crime Seminar

yCompliance is getting set to present its second annual Financial Crime and Compliance Seminar at the Fairmont Southampton in Bermuda on October 9, 2014. A spokesperson said, “Former Governor of Turks and Caicos the Honorable Gordon Wetherell will address attendees at this year’s Financial Crime and Compliance Seminar. Mr. Wetherell assumed... Read more of this article

IoD Finance for Non-Financial Directors Course

IoD Finance for Non-Financial Directors Course

The Institute of Directors [IoD] Bermuda branch is getting set to host the Finance for Non-Financial Directors course on May 15, 16, and 17, 2014. A spokesperson said, “Competent fiduciary oversight is a core responsibility of directors. The Finance for Non-Financial Directors course provides vital knowledge of the financial terms and concepts... Read more of this article

Suze Orman Tickets To Go On Sale Next Week

Suze Orman Tickets To Go On Sale Next Week

After announcing in February her intention to visit Bermuda in order to offer a personal finance seminar, tickets to the upcoming Suze Orman event at the Fairmont Southampton Princess have been confirmed to go on sale on March 31, 2014. A spokesperson said, “Tickets for one of the most sought-after events of the year are to go on sale on Monday,... Read more of this article

Personal Finance Guru Orman To Visit Bermuda

Personal Finance Guru Orman To Visit Bermuda

One of America’s popular personal finance experts, Suze Orman [pictured left], is set to take the stage in Bermuda. The two-time Emmy Award-winning television host, New York Times bestselling author, and magazine and online columnist is being brought to Bermuda by Colonial Pension Services Ltd, a member of the Colonial Group International. “Like... Read more of this article

FATCA Event Draws In Leading Professionals

FATCA Event Draws In Leading Professionals

Nova and Oyster Consulting’s first collaborative briefing on Wednesday [Oct 30] drew in leading Bermuda professionals from many industry sectors, including Fund Administration, Insurance, Trusts and Investment Management. The briefing, which covered global and local regulatory updates affecting shareholder management, customer due diligence requirements... Read more of this article