Michelle Falcucci

Dec 10, 2024 | mondaq.com | Michael Hanson |Michelle Falcucci |Kyle Masters |Keith Robinson

1.1 Statutory and procedural regime Bermuda is a British Overseas Territory. The modern legal system of Bermuda is established by the Bermuda Constitution Order 1968, an Order in Council of the United Kingdom that established the Supreme Court as the primary court of first instance and the Court of Appeal as the court with jurisdiction to hear appeals from judgments of the Supreme Court.

Oct 15, 2024 | jdsupra.com | Steven Davies |Michelle Falcucci |Matthew J Grigg

Our investment funds team outline the latest developments within the investment funds market in Bermuda, addressing the recent statistics from Q2 2024 published by the Bermuda Monetary Authority (the "BMA") as well as the updated Guidance Note for General Business Insurers with Segregated Accounts and Separate Accounts (“Guidance Note”).

Oct 13, 2024 | mondaq.com | Michelle Falcucci |Matthew J Grigg |Steven Davies |Gavin Woods

CO Carey Olsen More Carey Olsen is a leading offshore law firm. We advise on Bermuda, British Virgin Islands, Cayman Islands, Guernsey and Jersey law. Our investment funds team outline the latest developments within the investment funds market in Bermuda, addressing the recent statistics from Q2 2024 published by the Bermuda Monetary Authority (the "BMA"). Bermuda Finance and Banking

Jul 26, 2024 | mondaq.com | Michelle Falcucci |Gavin Woods

In the wake of the recent outages caused by CrowdStrike's defective software update on July 19, 2024, Bermuda insurance market participants affected by the CrowdStrike update should assess whether they need to notify their regulator, the Bermuda Monetary Authority ("BMA") as a result of their obligations under the Insurance Act 1978 and the Insurance Sector Cyber Risk Management Code of Conduct.

Jul 25, 2024 | mondaq.com | Michelle Falcucci |Matthew J Grigg |Gavin Woods |Steven Davies

Our corporate team outline the latest developments within the corporate and finance market in Bermuda including Bermuda's Corporate Income Tax Act 2023, Cyber risk management and The Bermuda Monetary Authority's enhancements to its Insurance Regulatory Regime. Cyber risk management On 27 December 2023, the Corporate Income Tax Act 2023 ("CITA") received governor's assent in Bermuda.