Swimming against the offshore tide

bermuda - regulator in profile

While some international centres have left due diligence and risk very much in the hands of hedge fund investors, the Bermuda Monetary Authority has taken a more hands-on approach to regulation. It is an attitude, the BMA's Munro Sutherland explains to Solomon Teague, that is increasingly appreciated as institutions join the hedge fund party

Bermuda has always had a reputation for regulatory rigour, a product of its judicial system, which is closely linked to that of the UK.

Historically, it h

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