All Bermuda exempted companies now have only a few weeks to
ensure that their Register of Directors and Officers (the
"D&O Register") is filed at the
Registrar of Companies (the
"Registrar"), with the 31 January
deadline fast approaching.
Historically, the secretary of a Bermuda company has been
responsible for maintaining the D&O Register at the
company's registered office. However, under amendments made to
the Bermuda Companies Act 1981 on 1 April 2016, the secretary is
now also required to file the D&O Register (and any subsequent
updates within 30 days of any changes) with the Registrar.
The D&O Register, which is a publicly accessible upon
payment of an inspection fee of BD$11, should include the following
information in respect of each director:
for an individual: first name,
surname and address; and
for a company: the legal name and
address of registered office.
All filings (together with a fee of $90) must be made by no
later than the 31 January 2017.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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