Bermuda Participates in Captive Summit Mexico
July 23, 2010 09:22 AM Eastern Daylight Time
HAMILTON, Bermuda--(EON: Enhanced Online News)--Bermuda is reinforcing and promoting its strong, secure
international business message to the Latin American market this week.
The 2010 Mexico Captive Summit has been taking place this week at the JW Marriott Hotel in Mexico City, and
representing the Ministry of Finance is Assistant Financial Secretary (International Business), Pamela Burrows.
Ms Burrows participated in the Captive Summit Mexico earlier today on a panel alongside Shelby Weldon, Director
of Licensing & Authorisations, Bermuda Monetary Authority (BMA).
The invitation to Mexico was extended to the Finance Ministry as a result of the Ministry’s participation in the HSBC
Bermuda’s pre-RIMS Seminar held in Boston earlier this year. The Bank’s clients welcomed the opportunity to
interact with the Minister of Finance, the Hon. Paula Cox, JP, MP, Donald Scott, Financial Secretary, and Ms
Assistant Financial Secretary Burrows highlighted Bermuda’s policy approach to the financial services sector and
stressed the importance of the Ministry’s commitment to ensuring that a competitive, efficient, and stable financial
services sector operating with integrity is in Bermuda’s best interests.
She also underscored Bermuda’s role in the shaping of international standards in the financial services arena.
Ms Burrows said, “The Ministry is committed to helping Bermuda’s financial services sector succeed and an
important part of that job, especially during a time of great uncertainty, is getting out of Bermuda to promote the
Meanwhile Minister Cox, offered her comments on the conference saying, “Bermuda is home to the largest number
of captives in the world but with more people out of work, and our competitors in other places increasingly
competing with us for the same business opportunities and the same customers all around the world, we do not have
the luxury of