Back to news
🇧🇲 Registry8 Jul 2026

Bermuda defers beneficial ownership enforcement to 31 August 2026

On 8 July 2026 Bermuda's Registrar of Companies deferred enforcement action under the beneficial ownership regime to 31 August 2026, from 1 June, to give entities more time to prepare. It issued the latest draft Beneficial Ownership Regulations 2026 and revised Guidance Notes as an interim measure, ahead of amendments to the Beneficial Ownership Act 2025 expected that summer.

The Registrar had said it would start enforcing on 1 June 2026. On 11 June it released revised draft Regulations and Guidance Notes, and on 8 July it confirmed a new date.

What changed
  • Enforcement action for non-compliance was deferred to 31 August 2026.
  • The latest draft Beneficial Ownership Regulations 2026 and revised draft Guidance Notes were issued as an interim measure.
  • Amendments to the Act were expected, with exemption orders for trusts and funds and changes on legitimate-interest access.
Who is affected

Bermuda companies and other legal persons, and their corporate service providers.

Later developments

The Beneficial Ownership Amendment Act 2026 received assent on 14 September 2026. See our coverage.

Sources