The BMA has released its 2023 Annual Report. Read it today via the following link: https://lnkd.in/efJHRNUd #BMAPublication #AnnualReport #BMA #Bermuda #FinancialRegulation #FinancialServicesRegulator #BermudaMonetaryAuthority
Bermuda Monetary Authority
Financial Services
The Bermuda Monetary Authority regulates Bermuda's financial services sector.
About us
The Bermuda Monetary Authority (the Authority or BMA) regulates Bermuda's financial services sector. The Authority develops risk-based financial regulations that it applies to the supervision of Bermuda’s banks, trust companies, investment businesses, investment funds, fund administrators, digital asset businesses, money service businesses, corporate service providers and insurance companies. It also regulates the Bermuda Stock Exchange and Bermuda Credit Union. The Authority develops risk-based financial regulations that it applies to the supervision of Bermuda’s banks, trust companies, investment businesses, investment funds, fund administrators, money service businesses, corporate service providers and insurance companies. It also regulates the Bermuda Stock Exchange.
- Website
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http://www.bma.bm
External link for Bermuda Monetary Authority
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Hamilton
- Type
- Government Agency
- Founded
- 1969
- Specialties
- Corporate Service Provider, Insurance, Reinsurance, Anti-Money Laundering, Anti-Terrorist Financing, Investment, Banking, Trust, and Regulation
Locations
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Primary
BMA House
43 Victoria Street
Hamilton, HM 12, BM
Employees at Bermuda Monetary Authority
Updates
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Missed our Digital Asset Business AML/ATF Outreach Webinar? No worries! We have all the highlights and key takeaways ready for you in our recap video on the BMA website. Learn about the latest in AML/ATF risks, preventive measures, SAR reporting, and so much more. Enhance your compliance knowledge and stay ahead of the curve. Dive into the insights and become an expert today! https://lnkd.in/e3-EnhkS #AML #ATF #DigitalAssets #Compliance #BMA #StayInformed
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The BMA confirmed nine insurance registrations for the month of September, inclusive of three Class 1 insurers, a Class E, Class A, Broker, Agent, Collateralized and an IGB insurer. To view all full summary of September’s insurance registration statistics, visit our website via the following link: https://lnkd.in/dcyrEgP
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Stay updated on the latest regulatory activities for the third quarter of 2024. Our Regulatory Update compiles the newest guidance notes, policies, legislation and other insights into a single, easy-to-access publication! To discover what is new, click the following link: https://lnkd.in/eb7GtSau Do you want to be among the first to receive updates on similar publications? Subscribe to our mailing list today: https://lnkd.in/djJgRtPC #BMA #RegulatoryUpdate #GuidanceNotes #Policies #Legislation
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Stay ahead of the curve with insights on legislation, risks, and preventive measures with the BMA’s exclusive Securities Sector's AML/ATF Webinar. Join us on 7 November 2024, for an enlightening session designed for Compliance Officers, MLROs and industry leaders. This is your opportunity to enhance your knowledge. Reserve your spot before 1 November 2024! Click the following link to confirm your attendance: https://lnkd.in/gvWRYrKB #BMAWebinar #Webinar #IndustryInsights #BermudaSecurities #AML #ATF #Compliance #Securities #BermudaAuthority
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Explore the world of CBDCs and Cryptocurrencies with top industry leaders! Our CEO Craig Swan will be heading to Washington DC with other executives for 2024 DC FinTech Week. This is a conversation you do not want to miss – take advantage of the opportunity to hear first-hand from top regulatory leaders. #FinTech #Crypto #CBDC
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Protect yourself from frauds and scams by: Verifying that your investment professional is licensed and do your own research before investing; Avoiding "get rich quick" and "cannot lose" schemes; if it looks too good to be true, it probably is; Ignoring over-the-top sales pitches and pressure to invest right on the spot; Prioritising strong passwords and good data security practices like 2-factor authentication for their financial accounts. Keep your investments safe and; Being cautious about wiring money overseas and never share personal info when contacted unexpectedly. Stay safe and protect your assets. #WorldInvestorWeek #IOSCOWIW2024 www.worldinvestorweek.org
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The foundation of wise investment decisions starts with verifying that your investment professional is properly licensed. Resilient investors: Prepare for life's unexpected challenges by budgeting to manage risk, minimise the impact of inflation, and steer clear of high-interest debt; Research before they invest to avoid financial scams. Stay informed and protect your money and; Pay attention to how inflation affects their purchasing power and evaluate their investments based on real rates of return. #WorldInvestorWeek #IOSCOWIW2024 www.worldinvestorweek.org
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What an incredible discussion at the ILS Bermuda Convergence event yesterday! The morning kicked off with a deep dive into Bermuda’s regulatory landscape with Taijaun Talbot, Assistant Director. George B Alayon, Deputy Director, ended the day providing valuable insights about the future of FinTech for Bermuda and beyond. Thank you to the ILS Bermuda organisers for the invitation to participate in this impactful event. #BermudaRegulations #IndustryInsights #StrategicRisk #RegulatoryInnovation #FinTech #IndustryReform #BermudaMonetaryAuthority #NetworkingOpportunity
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Smart investing starts with following these helpful tips: Always conduct thorough research on any product before committing your hard-earned money. Equip yourself with knowledge and invest with confidence; Use digital tools wisely, research strategies, choose reputable platforms and verify influencers’ credentials and; Know that all investments come with risks. Diversify your portfolios to protect against losses from unexpected events. Invest Smarter. #WorldInvestorWeek #IOSCOWIW2024 International Organization of Securities Commissions - IOSCO www.worldinvestorweek.org