Joint Ministerial Council/European Commission and European Union Meetings

The Minister, accompanied by a Ministry of Finance official, attended a number of meetings with UK based leaders, Government and industry stakeholders, and with top officials within the European Commission and Council of the European Union in Brussels.  The Minister accompanied the Premier at the JMC's session on "Economic Resilience", which focused on building economic resilience in the Territories post Covid-19.  The session was chaired by the UK Minister for Overseas Territories, Amanda Milling, MP, and it was agreed that as a result of external impacts such as Covid-19, natura

Climate Risk Finance Road Show

The Minister, accompanied by Member of Parliament, Mr. Jache Adams, JP. MP., led a delegation of BDA representatives to a roadshow on "Climate Risk Finance" in New York City. The purpose of the roadshow was to introduce Bermuda's strengths, strategy, and aspirations on being the Climate Risk Finance capital of the world.  The Minister held a number of high level meetings with some of New York's leading law firms, advisers, and asset managers, highlighting Bermuda's core competitive advantages as a capital for climate risk finance, and a hub for climate tech innovation.

Climate Risk Finance Road Show

The Minister, accompanied by a Ministry of Finance official, led a delegation of BDA representatives, leaders from the BMA, BSX and the private sector, to the BDA's second roadshow on "Climate Risk Finance", in New York City. The Bermuda delegation met with leading global capital allocators, who have combined assets under management of nearly $11 trillion. The Minister reinforced in the meetings that Bermuda must continue to grow and diversify its economy, noting that opportunities in the Climate Risk Finance space, deserved to be a priority focus.

KORIED 2019 GLOBAL SUMMIT

The Minister of Finance was asked to participate as the guest speaker at Koried 2019 Global Summitt held in Miami, Florida on 10th July, 2019. The Summit  bought together government representatives, business leaders, experts and thought leaders from around the world to discuss leading edge approaches, ideas and strategies that benefit the Pension Fund community.  The Minister spoke on "What the future looks like in innovation and access in Bermuda", sharing with the participants background information on Bermuda, its reputation as the risk capital of the world, its&

EU Meetings & French Insurance Federation Conference

The Minister of Finance met with officials in the UK and Paris, prior to participating in the French Insurance Federation International Conference as a key note speaker. The Minister met in the UK with Lord Ahmad, Minister of State for the Foreign and Commonwealth Office, for a bilateral meeting on matters of mutual interest to Bermuda and the UK.

CARICOM DERISKING MEETING AND CARIBBEAN FINANCIAL ACTION TASK FORCE PLENARY MEETING

The Minister attended a roundtable meeting on expanding financial services in the Caribbean and the impact of "de-risking" on these services. The meeting was hosted by Rep. Maxine Waters (member of the United States Congress, and Chair of the Financial Services Committee) in Washington, DC on 19th November, 2019, and included representatives from the US House of Representatives, financial services institutions, and CARICOM nations (including Antigua and Barbuda, Barbados, Belize, Bermuda, Jamaica, St.

ABIR International Regulatory Dialogue Conference

The Minister of Finance travelled to Brussels, Belgium, to participate in the Association of Bermuda Insurance & Reinsurance (ABIR) International Regulatory Dialogue Conference (September 6th, 2019).  The Minister welcomed influential insurance supervisors, European policymakers, and insurance industry leaders to the event.

Consensus 2019

The Minister accompanied the Premier of Bermuda, who led a group of regulatory and industry representatives to Consensus 2019, a major conference held in New York. This event attracted over four thousand, five hundred attendees, and included major sponsoring companies, fintech experts, and global law firms. The Minister, along with the Premier of Bermuda, participated in business development meetings and media interviews.

Ministerial Meetings - Economic Substance

The Minister and a delegation of Ministry of Finance officials, accompanied the Premier to the United Kingdom, Brussels and Germany, for a series of meetings with overseas officials regarding the removal of Bermuda from the list of non-cooperative jurisdictions for tax purposes. High level meetings were held with Mr. Robert Jenrick, MP, Exchequer Secretary to Her Majesty's Treasury, the Rt. Hon. Sir Nicholas Soames, MP., Sir Henry Bellingham, MP., House of Parliament, UK.  In Brussels, meetings were held with Mr.