Charities Amendment Act 2026
Passed
Simplified for You
What this bill does
This bill updates Bermuda's charity laws to better align with international standards for preventing money laundering and terrorism financing. It changes how the government oversees charities, adds new penalties for late filings, and requires charities to report staff salary information.
If Passed (Voted Yes)
Charities will face $200 fines for filing annual reports more than 30 days late or failing to register as exempt charities within 30 days
Charity annual reports must include details about paid staff salaries in a format set by the Registrar
The Registrar can share charity information with foreign law enforcement agencies investigating financial crimes when requested
If Rejected (Voted No)
Current penalty structure remains unchanged - no additional $200 fines for late filings
Charities won't be required to disclose staff salary information in their annual reports
Information sharing with international law enforcement stays limited to current rules
Who It Affects
This primarily affects registered charities in Bermuda, their trustees, and paid staff whose salary information will become part of public reporting requirements.
Vote counts are not published.
The Bermuda Parliament does not publicly record individual vote counts or how each member voted.
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