BERMUDA MONETARY AUTHORITY

The Bermuda Monetary Authority (the Authority or BMA) regulates Bermuda's financial services sector.

The Authority was established by statute in 1969. Its role has evolved over the years to meet changing needs in the financial services sector. Today it supervises, regulates and inspects financial institutions operating in the jurisdiction. It also issues Bermuda’s national currency, manages exchange control transactions, assists other authorities with the detection and prevention of financial crime, and advises Government on banking and other financial and monetary matters.

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.

NEWS & PRESS RELEASES

	Date	Name	Type
	9/19/2016	BMA Hosts Third Meeting of Financial Policy Council
	8/29/2016	Bermuda Monetary Authority Fines Barrington Investments Limited $50,000 - Restricts Licence
	7/19/2016	ESMA Defers Decision on Extension of AIFMD Passports to Bermuda
	5/9/2016	Bermuda Monetary Authority Hosts Second Meeting of Financial Policy Council
	3/24/2016	Bermuda Monetary Authority Releases 2016 Business Plan
	3/10/2016	Bermuda Monetary Authority Hosts International Insurance Meetings
	1/29/2016	Warning - Clone Firm - 'Kuva Limited'
	1/25/2016	Bermuda Monetary Authority to Chair IAIS Reinsurance Task Force
	1/14/2016	Bermuda Captive Insurance Registrations Increase in 2015
	12/23/2015	Bermuda Monetary Authority Releases Report on Foreign Portfolio Holdings