Bermuda

News 

Welcome to the KPMG in Bermuda press room. Here you will find KPMG news and media contacts.

 KPMG supports BLTA Youth Tennis Development Programme through tournament donation.   

KPMG in Bermuda has announced its sponsorship of the 2014 ITF Junior Circuit Tournament, to be held Sunday, June 22, 2014 at the W.E.R. Joell Tennis Stadium.

 

 KPMG Advises on Butterfield's Acquisition of Legis - Butterfield’s acquisition of Legis Group’s Guernsey-based trust and corporate services business was supported by KPMG Advisory teams in Bermuda and Guernsey.

 

KPMG releases the 2014 Global Audit Committee Survey. This survey aims to identify the concerns that are top of mind for audit committees today. KPMG’s 2014 Global Audit Committee Survey captures the views of nearly 1,500 audit committee members around the world on a range of timely issues—from the top challenges facing companies in the year ahead and the audit committee’s increasing workload, to corporate performance, the effectiveness of the CFO and finance organisation, and the quality of the information directors receive about the company’s key risks.

 

  KPMG in Bermuda announces Will McCallum as the newest Managing Director

KPMG in Bermuda is proud to announce the promotion of Will McCallum to Managing Director.

 

KPMG in Bermuda to Host Annual AML Round Tables.pdf

Anti-Money Laundering and Sanctions compliance matters continue to be top of mind in the Financial Services industry in Bermuda - as they do across the globe.  AML programs are expected to be leveraged for FATCA compliance, suggesting that robust AML/ATF procedures will prove to be an advantage in preparing for FATCA’s “go live” date of January 1, 2014.

 

 KPMG in Bermuda announces 2013 KPMG Scholarship winner.

The Managing Directors of KPMG in Bermuda are pleased to announce that this year’s KPMG Scholarship has been awarded to Shonté Campbell of Paget. Shonté is currently a Junior at Wofford College in South Carolina, USA, pursuing her Bachelor’s Degree in Accounting.

 

 KPMG and BEDC help medium sized business owners use effective HR strategies to boost business.

KPMG and the Bermuda Economic Development Corporation (BEDC) hosted a two hour breakfast seminar entitled “Effective HR Strategies in and Ever Changing Environment” on Wednesday, July 10, 2013 to help business owners answer questions about effectively managing their human resources.

 

 KPMG launches a Global Centre of Excellence and announces collaboration with Young President's Organisation

KPMG is proud to announce a new collaboration with Young Presidents’ Organization (YPO) that provides all members of YPO’s Global Family Business Network (GFBN) with exclusive access to knowledge on family businesses.

 

 KPMG releases 2013 Caribbean Region Financing Survey "Financing waters still choppy" 

On May 6, 2013 KPMG launched their 9th annual Caribbean Region Financing Survey at the Caribbean Hotel & Resort Investment Summit ("CHRIS") in Miami.

 

 2nd KPMG FATCA Forum attracts over 250 to discuss the local implications of the US legislation.

Over 250 local industry professionals were told “now is the time to take action in preparation for FATCA”, during KPMG’s 2nd FATCA forum, held Monday, May 20th, 2013 at the Fairmont Hamilton Princess.

 

 KPMG Senior School Investment Challenge continues to be a big hit with CedarBridge Academy placing 1st and 3rd.

On May 7, 2013, students from CedarBridge Academy were awarded $14,000 with a double win with taking 1st and 3rd places while Berkeley Institute placed 2nd for the KPMG Senior School Investment Challenge. In the history of the challenge, this is the first time two teams from the same school placed in the top three.

 

 KPMG Advisory Limited appointed as Joint Receivers to the Coral Beach & Tennis Club and Horizons

Together with the mortgage holder, Swedbank AB New York Branch ("Swedbank"), and their agents, the Joint Receivers are currently taking steps to find a suitable purchaser for both the Club and Horizons.

 

 Bank Financing in Today's Environment Seminar

KPMG and BEDC partner to help medium sized businesses understand requirements for obtaining bank financing in today’s environment at an informative seminar.

 

 The KPMG Bermuda Invitational Mile reaches its 25th anniversary.

On Friday, January 18, 2013, the official 2013 KPMG Bermuda Invitational Mile will reach its 25th anniversary. The BNAA in conjunction with KPMG in Bermuda is committed to making this event a huge success.

 

 KPMG continues to strengthen its relationship with the Bermuda National Athletics Association.

On Friday, November 30, 2012, the Bermuda National Athletics Association (BNAA) will hold their annual KPMG Mile Trials in preparation for the KPMG Invitational Mile which will be held on Friday, January 18, 2013.

 

KPMG in Bermuda holds successful 2012 Make a Difference Day(MaDD), October 19, 2012

On Friday, September 19, 2012, staff from KPMG in Bermuda participated in their annual Make a Difference Day (MaDD) charitable in support of The Bermuda National Trust; and the Hospitals Auxiliary of Bermuda (HAB); and the Matilda Smith Williams Seniors Residence.

 

KPMG in Bermuda Announce White's at Southside Ltd. (in liquidation): 60% off Sale on Tuesday, Sept. 4, 2012

White’s at Southside Ltd. (in liquidation) at 26 Southside Road in St. David’s will be holding a 60% off final liquidation sale of all stock, household and health and beauty items from 12:00pm to 8:00pm on Tuesday, September 4, 2012 at 26 Southside Road in St. David's.

 

KPMG in Bermuda Announce White's & Sons Equipment Auction - to be held on Monday August 20, 2012

In light of the closure of the Warwick Store at 22 Middle Road, we will be holding an

auction of the store’s equipment on Monday, August 20, 2012, from 10:00am- 3:30pm, at White

& Sons Limited, 22 Middle Road in Warwick.

  

KPMG in Bermuda Announce Liquidation of White's at Southside Ltd and White's at Hayward's Ltd

On 15th August 2012 Charles Thresh and Mike Morrison of KPMG Advisory Limited were appointed Joint Provisional Liquidators ("JPLs") of White’s at Southside Ltd and of White’s at Hayward’s Ltd ("the Companies") by the Supreme Court of Bermuda.

 

KPMG in Bermuda Announce Liquidation of White & Sons at 22 Middle Road

Further to the Winding Up Order made by the Bermuda court on August 10, 2012 the Joint Provisional Liquidators have reviewed the options available for the ongoing business of White & Sons Limited ("the Company") at 22 Middle Road, Warwick. As no offers have been received to acquire the business as a going concern, the store will be closed and stock realised on an orderly basis.

 

KPMG in Bermuda Announce 2012 KPMG Scholarship Recipient

The Partners at KPMG in Bermuda are pleased to announce that this year’s KPMG Scholarship has been awarded to Kris Furbert of St. George’s. Kris will be entering his first year at the European School of Economics in Madrid, pursuing a Bachelor’s Degree in Business Administration with a focus on Finance, and pursuing Spanish as a second language.

 

KPMG in Bermuda Host successful and informative AML/ATF Forum

The KPMG AML/ATF Forum was facilitated by Charles Thresh, Managing Director, KPMG Advisory, Bermuda, with introductory presentations on the various topics given by Laurence Birnbaum-Sarcy, Managing Director, KPMG LLP, USA; Jarion Richardson, Senior Compliance Officer, Appleby (Bermuda) Limited; and Inspector Ian Grant Tomkins, Financial Crime Unit, Bermuda Police Service.

 

KPMG in Bermuda Host Over 200 at Bermuda FATCA Forum

KPMG in Bermuda hosted over 200 attendees at a Bermuda FATCA Forum on Wednesday, March 7, 2012, at the Fairmont Hamilton Princess. KPMG FATCA experts Charles Thresh, Catherine Sheridan Moore, James Berry, Will McCallum and Mindy Schmidt led the discussion, with participation on the Q&A panel by John Foxon of HSBC, considering the operational impact that the IRS guidelines might have on the Investments, Banking, Fund Administration, Trust and Insurance industries in Bermuda.

 

KPMG Hosts First Infrastructure Summit for Island Economies

KPMG has announced its inaugural Infrastructure Summit: An Island Perspective of a Global Challenge. The two-day conference is being held in Miami, Florida and will focus on key issues that islands face today in regards to infrastructure development, such as government funding, rising costs, project management, the impact on tourism, financing and the future of infrastructure projects in the islands.

 

KPMG to Host FATCA Forum Regarding Operational Impact of IRS Guidelines on Bermuda Industry

KPMG in Bermuda will be hosting a Bermuda FATCA Forum on Wednesday, March 7, 2012, from 2 to 5pm, at the Fairmont Hamilton Princess. This will be an interactive session, discussing the newly released Foreign Account Tax Compliance Act (FATCA) proposed regulations.

Media Contact

Mark Lavery

Manager, Communications & Knowledge

 

Tel           + 1 441 294 2676

Fax          + 1 441 295 9132

 

Contact by email

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