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Bermuda’s reputation as a globally-respected and regulated business jurisdiction has been highlighted at a recent event in Belarus.
Bruce Bucknell, the British Ambassador to Belarus, delivered a welcoming address, along with comments on behalf of the Bermuda Development Authority (BDA).
He described the Island as a world-class financial centre with a sophisticated infrastructure, impressive pool of capital and talent, and a stellar regulatory reputation that included tax-treaty agreements with 80-plus partners around the globe.
“We were pleased to be invited to provide information about Bermuda’s strengths as a top-tier financial centre,” said the BDA’s chief executive officer (CEO) Ross Webber. “We recognise the Island could be beneficial to Central and Eastern European (CEE) countries, for their reinsurance needs, in particular, and therefore we welcomed the opportunity to put forward the facts about our jurisdiction and thank our partners at the Embassy and the British-Belarus Chamber of Commerce.”