Bermuda’s commitment to privacy is rooted in its comprehensive legislative framework, including the Personal Information Protection Act (PIPA), which regulates the use of personal information by organisations. This act ensures the handling of financial information with the utmost confidentiality, aligning with international standards.
The foundation of Bermuda’s privacy laws
The foundation of Bermuda’s privacy laws is built upon a robust legal framework designed to protect the privacy and confidentiality of individuals and entities, making it an attractive jurisdiction for family offices. Central to this framework is the Personal Information Protection Act 2016 (PIPA), which sets out comprehensive guidelines for the protection of personal data, ensuring that family offices handle personal information with the highest standards of confidentiality and security.
