PIPA: What You Need to Know

The Personal Information Privacy Act (PIPA) is expected to come into effect this year. PIPA will impose obligations on organizations using personal information in Bermuda. Under PIPA, personal information means any data about an identified or identifiable individual. If a company holds personal information about customer or employees, there are obligations in the Act that… READ MORE

Oyster Offers AML/ATF Training

Is your AML/ATF program effective?  Does it contain training for your employees as well as customized policies and procedures?  Creating, distributing and training on regulatory and continuing education topics can be time consuming and run the risk of not being up to industry standards.  Oyster Consultant Henry Komansky conducts training sessions on the latest Anti-Money… READ MORE

Oyster Offers New Service for Insurance Managers

Oyster Consulting is proud to offer a new service for Insurance Managers.  Since late 2016/early 2017 Insurance Managers have been included in the group of entities regulated by the BMA for compliance with Bermuda’s Anti-Money Laundering (“AML”)/Anti-Terrorist Financing (“ATF”) regime.  All such regulated entities in Bermuda are obligated to have an independent AML audit performed… READ MORE

Oyster’s Morrison a Panelist in HFM Week Special Report – Bermuda 2017

Oyster Consulting (Bermuda) Managing Director Alison Morrison is a featured panelists in the HFM Week’s Special Report, Bermuda 2017.  Alison, Scott Burns (The Horseshoe Group), and Craig Bridgewater (KPMG) discussed Bermuda’s continuing rise as a strong domicile. Excerpts – “Bermuda as a jurisdiction is constantly looking for ways to improve and enhance our product offerings… READ MORE

Oyster’s Henry Komansky’s AML/ATF Training Gaining Recognition

Throughout 2016, Oyster Consultant Henry Komansky conducted sold-out Lunch and Learn training sessions on the new AML Audit requirement and the latest Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) developments impacting all regulated entities on the island. Recently, Komansky was quoted in the Bermuda Fund Services 2017 Report, published by Global Fund Media, a targeted… READ MORE

Oyster Consulting (Bermuda) Managing Director Alison Morrison Speaks at Opalesque Roundtable (Bermuda)

Oyster Consulting (Bermuda) Managing Director Alison Morrison recently participated in the 2016 Opalesque Roundtable (Bermuda).  The Opalesque Roundtable Series was begun as a collection of intelligence on the most important global hedge fund jurisdictions and players.  The Opalesque Bermuda Roundtable took place at the office of Bermuda Business Development Agency (BDA) in Hamilton with the following experts:… READ MORE