Legal Information

Oct 30, 2007 at 12:25:53 PM EDT

Please read this important legal information:

This Web site is not designed for Ineligible Persons.

An Ineligible Person is defined as:

• Any individual who is or becomes a citizen of the United States; or
• Any individual who is or becomes a resident of the United States for United States federal income tax purposes; or
• A corporation, partnership or other entity created or organized under the laws of the United States or any of the States or having its principal place of business in the United States; or
• A United States estate or United States trust, the income of which is subject to United States federal income tax regardless of its source and regardless of whether such income is effectively connected with a United States trade or business or having its principal place of business in the United States; or
• Any United States corporation, United States partnership, United States trust, United States estate or other entity that is organized principally for passive investment and in which one or more individuals or entities described above hold units of participation representing in the aggregate 10% or more of the beneficial interests in the entity or which has as a principal purpose the facilitation of investment by any such person or entity in a commodity pool with respect to which the operator is exempt from certain requirements of 17 C.F.R. Part 4 of the regulations of the Commodity Futures Trading Commission by virtue of its participants not be such persons or entities; or
• A pension plan for the employees, officers or principals of an entity created, organized or existing in or under the laws of the United States or which has its principal place of business within the United States; or
• An individual or entity identified on the Specially Designated Nationals (SDN) list of the Unites States Office of Foreign Asset Control
• A National or entity as identified under applicable United States Treasury Department Office of Foreign Asset Control (OFAC) sanctions against a specific country.
• National or entity of a country identified by the Financial Action Taskforce (FATF) as one of the "Non Cooperative Countries and Territories" (NCCT).

The products and services of Northstar Financial Services (Bermuda) Ltd. are not being offered to, nor will be sold to, any Ineligible Person, or any entity acting on behalf of an Ineligible Person.

Regulatory Information

Northstar Financial Services (Bermuda) Ltd. is classified as a long-term insurance company, regulated by the Bermuda Monetary Authority.

The Bermuda Monetary Authority ("BMA") is responsible for the licensing, supervision and regulation of financial institutions including those conducting deposit-taking, insurance, investment and trust business in Bermuda. It is also the issuing authority for Bermuda's bank notes and coinage, as well as providing a range of services and advice to Government on company incorporations and on banking and other financial and monetary matters. The Authority encourages high standards of compliance and works with Government and industry professionals to ensure that Bermuda's reputation as a quality international financial centre is protected.

View the Bermuda Monetary Authority website

Learn More about Regulatory Standards