The International Monetary Fund?s (IMF) Report of its 2007 assessment of financial regulation and supervision in Bermuda has been published. The assessment was conducted to determine the measure of progress Bermuda has achieved since the IMF?s initial review of the regulatory framework here in 2003. The Bermuda Monetary Authority is very pleased to note the Report?s acknowledgement that the Bermudian authorities have made impressive progress in developing, and implementing, a risk-focused approach to supervision across the range of markets that form Bermuda?s financial services sector.