Customs & Trade Controls: Bermuda rolled out new customs traveller declaration forms requiring all departing passengers to declare precious metals and precious stones worth over $10,000, while keeping the existing $10,000 threshold for currency and negotiable instruments; duty-free allowances were also updated to $300. Immigration & Investment Policy: The Economic Investment and Residential Certificate (EIRC) programme was tightened to require applicants to make a “meaningful contribution” beyond an initial investment, with a new $25,000 minimum donation to registered charities, a strengthened risk questionnaire, and a $10,000 fee to the Bermuda Business Development Agency. Housing Delivery: The House approved the Bermuda Affordable Housing Strategy 2025-35 after a four-hour debate, targeting 950 to 1,350 new homes by 2035 and citing early movement from planning to execution on nine sites. Competition Law Prep: Government completed consultation on a proposed Competition Act framework, with Deloitte tasked to assess cost-of-living and business impacts and refine the approach before Cabinet consideration. Insurance & Finance: AM Best affirmed Enact Re’s A- rating with a stable outlook, and Zurich’s $10.8bn Beazley takeover was finalised with Kristof Terryn set to lead the combined specialty operation. Business & Economy: Luscar Place hit a major construction milestone with topping-out after securing more than half its retail and office space via signed leases. Aviation Incident (Bermuda-linked): The US Coast Guard found debris tied to a missing Gulfstream G100 medical jet that vanished on a Bermuda-to-Boston flight with six people aboard, with the search continuing off Nantucket.