9Oct2018

Sanderson Sees Strong Fintech Interest

Stephanie Sanderson, Partner and Head of Technology & Innovation, discusses how the regulatory framework in Bermuda is encouraging the Fintech sector in a Royal Gazette article:

Many fintech entrepreneurs are interested in having a presence in Bermuda, according to a lawyer who is advising them. Stephanie Sanderson, a partner and head of technology and innovation at BeesMont Law, is crediting the regulatory framework set up by legislation this year for attracting the business. “The Digital Asset Business Act 2018 legislation represents another significant and substantial step forward in the fintech sector, indicating that Bermuda is indeed executing its plan to become a global leader in the fintech industry,” Ms Sanderson said.

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17Sep2018

Bermuda’s Digital Asset Business Regulatory Regime

The Digital Asset Business Act 2018 (DABA) is Bermuda’s latest development in establishing a comprehensive legislative and regulatory framework designed to support and facilitate growth in the financial technology (Fintech) sector. Bermuda has implemented digital asset business legislation in the form of the Digital Asset Business Act 2018, as well as prudential rules including the Digital Asset Business (Client Disclosure) Rules 2018, the Digital Asset Business (Cybersecurity) Rules 2018, and the Digital Asset Business (Prudential Standards) (Annual Return) Rules 2018. The DABA legislation regulates digital asset business carried on in or from within Bermuda and protects the interests of clients or potential clients of persons carrying on the business of digital asset business.

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10Aug2018

Bermuda Chapter of Getting the Deal Through: Public M&A

Stephanie P. Sanderson, Partner, authored the Bermuda chapter of Getting the Deal Through 2018 edition of Public M&A which is available in print, as an e-book, and online. This specialist publication covers M&A transactional requirements and procedures governing publicly listed companies, covering such areas as: types of business combinations, applicable legislation, filings and public disclosure requirements, substantial shareholding regulations, duties of directors and controlling shareholders, shareholder rights of approval and appraisal, hostile transactions, among other key topics.

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9Aug2018

Insurtech Insight: Staying True to Form

In an article published in the Captive Insurance Times (Issue 154), Stephanie P. Sanderson explains why Bermuda is a natural choice to lead global insurtech developments and innovation, and provides an overview of the Bermuda insurtech sandbox and innovation hub.

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7Aug2018

BeesMont authors Bermuda Chapter of Getting The Deal Through: Corporate Governance

BeesMont Law attorneys – Stephanie P. Sanderson, Kit Cunningham, and Kimonea Pitt – have authored the Bermuda chapter of Getting the Deal Through: Corporate Governance (17th Edition). The 2018 edition of Corporate Governance is available in print, as an e-book and online. The publication provides a summary of the pertinent aspects of company law and corporate governance practices worldwide touching upon: sources of governance rules and practice, government agencies and shareholder activism, rights of shareholders, voting rights and requirements, shareholders’ duties and liability, anti-takeover devices, standards of care of directors, as well as various other important corporate governance matters.

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31Jul2018

Is blockchain the future?

In an article published in the Royal Gazette, BeesMont Law’s Technology & Innovation team lead, Stephanie P. Sanderson, explores whether blockchain is the future and outlines the various applications of the technology and industries which it impacts.

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12Jul2018

Bermuda Initial Coin Offering (ICO) Legislation

Bermuda is quickly becoming a world leader in the financial technology (Fintech) sector by putting into place a bespoke Fintech legislative and regulatory regime. Bermuda’s first major move from a legal standpoint is the implementation of legislation that governs Initial Coin Offerings (ICOs). Bermuda has successfully launched the world’s most progressive ICO legislation in the form of the Companies and Limited Liability Company (Initial Coin Offering) Amendment Act 2018 which came into effect on 9 July, 2018 and the Companies (Initial Coin Offering) Regulations 2018 and Limited Liability Company (Initial Coin Offering) Regulations 2018 which came into effect on 10 July, 2018.

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10May2018

Bermuda Is Set to Be Global Leader in Fintech

Virtual currency, initial coin offerings, and blockchain are at the forefront of the newest emerging financial industry: Fintech. With its size and ample industry expertise, Bermuda is uniquely positioned to spearhead the implementation of a regulatory structure that effectively balances the innovative drive of the Fintech industry and compliance with prudential international legal and regulatory standards. The Government of Bermuda has announced various developments as Bermuda quickly becomes the global leader in the Fintech industry. This article provides a summary of these developments.

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