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Six Reasons for Investment Fund Managers to Locate in Bermuda | Conyers


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The introduction of economic substance requirements in offshore jurisdictions has sharpened the impetus for investment fund managers to establish a physical office where their funds are incorporated. Here are six good reasons to choose Bermuda.
An established funds community
Bermuda is a significant centre for both traditional and alternative investments including funds, private equity and insurance-linked securities (ILS). Some highly respected names in the investment world - including Orbis, Fidelity International and Nephila Capital - have headquarters or offices in Bermuda, with investment professionals on the ground.
Bermuda receives high marks from international standard-setting agencies such as FATF and the OECD compared to other offshore jurisdictions, confirming its standing as a well-respected international financial centre. ....

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Strong legal team behind Mike Henry's push for reparation from Britain


Mike Henry
An esteemed legal team of British and Caribbean counsels has been pulled together to push for reparation from Britain for the atrocities of the chattel slave system in the Caribbean historically.
In what is being viewed as a critical step to advance Jamaica’s unanimous vote in Parliament in 2015 to seek reparation from Britain, on April 14, veteran Clarendon Central Member of Parliament (MP), Mike Henry, one of the longest serving MPs in Jamaica’s history, spearheaded a virtual conference with leading legal, academic and historical minds to fast-forward his pitch for compensation from Britain for the stains of the slave system. ....

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Time for Trafigura matter to end - Chuck


Delroy Chuck
Justice Minister Delroy Chuck has welcomed the judgment handed down on Monday by the Judicial Committee of the UK-based Privy Council in the longstanding Trafigura matter involving former Prime Minister Portia Simpson Miller and other bigwigs of the People’s National Party (PNP).
Chuck, in a statement in the House of Representatives on Tuesday, said it was time for the 15-year-old matter to be brought to an end.
“The case is significant as it brings to an end the legal challenges brought by the appellants to avoid giving evidence in open court. But more importantly the JCPC clarified that section 16(3) of our Constitution applies to proceedings under the Mutual Assistance (Criminal Matters) Act (MACMA). Moreover, the judgment declares the importance of how section 16(3) of the Constitution protects litigants who give evidence in open court,” Chuck stated. ....

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