It is a difficult venture to set out and build a car rental business. Putting aside, the high failure rate of new startups in their first year, as well as the various supply chain delays that further drive up the cost of starting this business, there are a number of considerations prospective owners of these […]
Bermuda Monetary Authority Fines Barrington Investments Limited $50,000 – Restricts Licence
September 15, 2016 by Leave a Comment
HAMILTON, BERMUDA – The Bermuda Monetary Authority (Authority) has fined local investment company, Barrington Investments Limited (Barrington), $50,000 for a number of serious regulatory breaches. In addition, the Authority has restricted Barrington’s investment business licence. This means that while the company is permitted to continue with its existing business, it is prohibited from taking on […]