NEW YORK – The Bermuda International Business Association (BIBA) will host its Annual New York Roundtable, on Wednesday, September 26, 2007 at The Harvard Club of New York City and its inaugural breakfast roundtable event for the alternative investment community in Greenwich, CT at L’Escale Restaurant on Tuesday, September 25, 2007.
“Bermuda plays an important role in the global financial markets and meeting with the financial community in New York and Greenwich allows Bermuda’s business community to provide valuable insight and perspective on what makes Bermuda an attractive business partner,” said Cheryl Packwood, Chief Executive Officer, BIBA. “The educational sessions we provide will enable us to dispel some myths about Bermuda law and the numbers game played by other jurisdictions. It also allows us to expand and deepen our relationships with the lawyers, bankers, fund managers, accountants and advisors who drive the New York financial community.”
“We are also extremely grateful for the efforts of the Bermuda Ministry of Finance and their generous support of BIBA’s activities in the further growth and development of the Island’s international business community.” added Mrs. Packwood.
New York Roundtable Event to Offer Attendees Valuable Insight on Bermuda’s International Business Community
The exclusive invitation-only New York Roundtable event will feature a luncheon keynote speech by Deputy Premier and Minister of Finance Paula Cox, welcoming remarks at breakfast from BIBA’s CEO Cheryl Packwood and U.S. Consul General Gregory Slayton and remarks at the closing reception from Matthew Elderfield, the recently appointed Chief Executive Officer of the Bermuda Monetary Authority (BMA), which is Bermuda’s independent regulatory agency for the financial sector, including insurance, banking, trusts and investments.
In addition, throughout the day, there will be a series of informational panels on such topics as hedge funds, wealth management, captive insurance, infrastructure and regulation. Bermuda will be represented by high-level international lawyers, accountants and financial executives from BIBA member companies along with members of the Bermudian Ministerial cabinets. With more than 200 individuals expected in attendance, both public and private sector individuals will come together to discuss the proven benefits of domiciling in Bermuda, a leading offshore financial centre.
Bermuda to Offer Legal and Regulatory Information for the Alternative Investment Community in Greenwich, CT through Inaugural Breakfast Briefing
BIBA will conduct its first ever Alternative Investments Breakfast Briefing, in Greenwich, CT to discuss regulations, business developments and opportunities for alternative investments in Bermuda. The exclusive invitation only breakfast event at L’Escale Restaurant will feature remarks from Mr. Matthew Elderfield, the new Chief Executive Officer of the Bermuda Monetary Authority, the Honorable Gregory Slayton, U.S. Consul General to Bermuda, and a panel discussion with other members of Bermuda’s alternative investment community.
Commenting on the event Ms. Packwood said, “In recent years, there has been much attention focused on the practices of offshore jurisdictions and we wanted to offer the alternative investment community the opportunity to learn first hand why Bermuda is different and how investments in, or partnerships with, Bermuda-based financial institutions, funds and businesses can present additional opportunities for their business.”
