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Press Room

Bermuda Media Releases

 KPMG in Bermuda win Gold with Investors in People Award (PDF 302KB) KPMG in Bermuda has been awarded the Gold Accreditation by international standard-setter Investors in People (IIP), recognising best practices in people management.


 KPMG in Bermuda have released the 2015 KPMG Global Hedge Fund Survey (PDF 1.23MB), produced by KPMG International in association with the Managed Funds Association (MFA), and the Alternative Investment Management Association (AIMA).


 KPMG in Bermuda have released the 2015 KPMG Global Hedge Fund Survey (PDF 1.23MB), produced by KPMG International in association with the Managed Funds Association (MFA), and the Alternative Investment Management Association (AIMA).


 KPMG’s Travel, Leisure and Tourism Group (“TLT Group”) is delighted to present our first 2014 Bermuda Hotel  Benchmarking Survey (“the Survey”) produced exclusively for Bermuda. As you will be aware, we have provided Caribbean regional results for many years but this year we have sufficient respondents from Bermuda to present results for Bermuda alone.


 KPMG holds parents and teachers information session (PDF 237KB)

KPMG will hold their annual information session for teachers and parents to advise how KPMG can help shape students’ interests in the business and financial services sector into a rewarding career. 



 KPMG in Bermuda works with the BNAA. (PDF 165KB)

In preparation of the 2015 KPMG Front Street Mile, formally known as the KPMG Bermuda Invitational Mile, the BNAA will hold their annual trial event on Friday, November 28, 2014 at the Bermuda National Sports Centre.



KPMG acquires Cyber Security firm (PDF 98KB)

Cyber Security is an important concern for every organisation and investor, governments and regulators are increasingly challenging board members to actively demonstrate diligence in relation to dealing with Cyber Crime. With this in mind, KPMG on Friday, October 3, 2014 announced the acquisition of certain assets of Qubera, a leading privately-held Cyber Security firm based in the US, UK and India.



KPMG Summer Interns complete a 12 Week Programme (PDF 219KB)

This year KPMG had eleven Bermudian university students complete a 12 week cultivating internship programme. KPMG’s internship programme is committed to the professional success and career development of our students. We seek to identify talented, career-oriented university students capable of maintaining high standards of integrity, service and academics who are interested in a career in accounting or finance.


 Brianna Buchanan earns KPMG 2014 Scholarship Award (PDF 168KB)

The Managing Directors of KPMG in Bermuda are pleased to announce that this year’s KPMG Scholarship has been awarded to Brianna Buchanan, a 2011 graduate of Bermuda Institute who is pursuing a Bachelor’s Degree in Business Administration, with a concentration in Finance, at the University of Alabama. Brianna also plans to obtain her Masters Degree in Accounting.


 BYOD in Bermuda Panel Discussion (PDF 130KB)

KPMG in Bermuda is proud to support the joint Bermuda Government, Chamber of Commerce Business Technology Division, and ISACA TechTalk series, also known as “Thought Leadership Thursdays.


 KPMG in Bermuda release 2014 KPMG in Bermuda Banking Survey (PDF 94KB).

The Bermuda banking sector has remained profitable for a third consecutive year, and Bermuda’s banks continue to be focused on ensuring that their business models evolve to ensure relevance in the face of changing needs of its customers, its regulators, and its shareholders and other stakeholders, according to KPMG in Bermuda’s 2014 Banking Survey.


 KPMG supports BLTA Youth Tennis Development Programme.(PDF 104KB) 

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 (PDF 101KB)- 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 (PDF 116KB) 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 announces Will McCallum as the newest Managing Director (PDF 157KB)

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 253KB)

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.(PDF 265KB)

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 seminar.(PDF 127KB)

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. (PDF 210KB)

KPMG is proud to announce a new collaboration with Young Presidents’ Organisation (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. (PDF 151KB)

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 guests. (PDF2.6MB )

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. (PDF 134KB)

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 Coral Beach (PDF 234KB)

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 (PDF 147KB)

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. (PDF 189KB)

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 BNAA. (PDF 109KB)

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. (PDF 159KB)

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)  (PDF 99KB) 

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. (PDF 156KB)

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 (PDF 50KB)

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 (PDF 99KB)

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 (PDF 254KB)

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 (PDF 99KB)

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 (PDF 70KB)

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.
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