In December 2019 the Bermuda Finance Minister released final Guidance around Bermuda’s Economic Substance (ES) laws. Firms falling within the scope of the ES laws are required to submit their declaration indicating the level on on-island activity no later than six months after their financial year start date. Many companies are using third-party relationships to… READ MORE
Fintech Firm Circle Leverages Oyster Consulting to Obtain Bermuda’s First Class F Digital Asset License
Circle and Oyster Consulting show the time is now for Bermuda’s dive into the Digital Assets industry. Circle, an global crypto financial services company, engaged Oyster Consulting (Bermuda), to help guide them through a successful application process for the Class F license, and to provide compliance services for the future. In June 2019 Circle became… READ MORE
JP Morgan recently announced the launch of “JPM Coin.” We thought it would be good to recap our posts over the past year on the topic of cryptocurrencies and coin offerings and update you on the current state of this market.
Are your clients asking about Bitcoin and other digital assets? Do you want to add digital assets to your business model? Are you wondering how blockchain technology is changing the face of the financial services industry? If you answered YES to any of these questions, watch Oyster’s latest webinar: In this… READ MORE
Bermuda’s regulatory framework for digital assets, ICOs and virtual currencies As the digital asset and blockchain industries continue to gain ground among investors, brokers and exchanges, the island is hoping to capitalize on the new market. Bermuda’s government has taken steps to strengthen its regulatory regime, making it a selling point for fintech companies thinking of… READ MORE
Trying to merge digital assets with the current financial services industry is a bit like installing solar panels on a home that’s already on the electrical grid. It can be done, but if you hook it up incorrectly, the whole thing could go up in flames. Anyone who has looked at the About Oyster webpage… READ MORE
Robert Hall assumes position of Chairman of the Board; Brian R. Hall, OBE transitions to Chairman Emeritus HAMILTON, BERMUDA, August 15, 2018 — Oyster Consulting (Bermuda) Ltd. announced today that Brian R. Hall, OBE, former Chairman of the Board of Oyster Consulting (Bermuda) Ltd., has become Chairman Emeritus. Mr. Hall served as Chairman of the… READ MORE