Banking & Financial Services Lawyers

Is it time to accept that Guernsey’s regulatory enforcement process is no longer “fit and proper”?

Appleby Guernsey Managing Partner Richard Sheldon explores pitfalls in Guernsey's regulatory enforcement process.

Richard Sheldon, Jon Barclay, Simon Florance

Marital blessings: what's yours is ours—Chinese marital property and offshore trusts

Richard Grasby, Partner in Appleby's Private Client & Trusts team in Hong Kong, has published an article “Marital blessings: what's yours is ours—Chinese marital property and offshore trusts” in Trusts & Trustees, Oxford University Press's leading journal on trust law and practice.

Richard Grasby

BMA Sets Out Phased Path to a Bermuda Insurance Resolution Regime

The Bermuda Monetary Authority (BMA) has proposed a framework for resolving failing (re)insurers. Boards and executive teams should take note and, where appropriate, take part in the consultation, which closes on 15 December 2026.

Brad Adderley, Max Tetlow

Jersey’s High Value Residency Regime Enters a New Era

A revised Control of Housing and Work ("CHW") regime marks the most significant reform of the Island's High Value Residency framework in many years. Find out more

Jeff O’Boyle, John Bisson, Kate Westwater, David Dorgan

Navigating BMA’s proposed AI guidance note

Now that the Bermuda Monetary Authority has shifted its focus from general principles about artificial intelligence to a concrete, actionable regulatory framework, board and executive teams of financial service companies must take note and decide whether to become involved in the consultative process.

Jerome Wilson, Karim Creary

AI in the Workplace: Emerging Legal Issues for Bermuda Employers

Artificial intelligence is rapidly becoming part of the modern workplace. It has moved quickly from being an experimental technology to an everyday business tool. Employers are already using AI to draft job advertisements, screen applications, assess candidates, analyse employee performance, monitor productivity and assist with disciplinary and termination decisions. For employers, the attraction is obvious. AI can process large quantities of information quickly, identify patterns and perform tasks that previously required significant human resources. But such widespread application of AI is also giving rise to legal risk as regulators and courts around the world consider what happens when an employment decision is made, or materially influenced, by an algorithm. It is a question that is likely to become increasingly relevant in Bermuda, as the law necessarily catches up with the technology.

Anna Markiewicz

Capital rich, softening rates, big opportunity: the growth dilemma

After several years of healthy profits, despite some softening, the reinsurance market remains in good shape – if discipline remains. Meanwhile, new and complex risks are emerging, including data centres, offering big opportunities for growth for those willing to take it on. They were some of the takeaways from 10 senior executives from the Bermuda market who met at a roundtable in Monte Carlo.

Brad Adderley

A refusal to stand still

Anchored by regulatory credibility and an unmatched marketplace, Bermuda continues to widen its offering with capital adaptability and innovation, says Brad Adderley, of Appleby.

Brad Adderley