The Bermuda Monetary Authority’s (Authority or BMA) consultation papers for banks and deposit companies are provided in the “Consultation Papers” section of the Authority’s website.
The Authority publishes consultation papers to: a) indicate to industry what the Authority is proposing to implement; b) obtain feedback from industry on the proposals; and c) explain the outcomes the Authority is seeking.
Once the consultation process is finalised, and relevant comments have been reviewed, the Authority may issue a notice to respond to the consultation comments. Such consultation facilitates input from the market in parallel to ensuring that any proposed regulatory changes will be effective and consistent with international standards.
-
Consultation Paper - General Regulatory Sandbox Guidance Note - 01/01/2022
-
Consultation Paper - Cyber Risk Management - 12/11/2021
-
Stakeholder letter Banking - CP - Banks and Deposit Companies Act 1999 - Code of Conduct - 12/07/2021
-
Consultation Paper-Amendments to the Third Schedule of the Banks and Deposit Companies Act 1999 - 09/18/2020
-
Discussion Paper - Regulation of Financial Holding Companies May 2018 - 05/31/2018
-
Notice - Banking (Special Resolution Regime) Act 2013 - 07/25/2013
-
Response to Consultation Comments - Corporate Governance Related Amendments - 12/12/2012
-
Notice - Credit Unions Appeal Tribunal Regulations 2012 - 10/15/2012
-
Notice - Statement of Principles on the Use of Enforcement Powers - 05/10/2012
-
Explanatory Memorandum-Banks and Deposit Companies Amendment Act 2012, Trusts (Regulation of Trust Business) Amendment Act - 04/30/2012
-
A Bill entitled Banks and Deposit Companies Amendment Act 2012 - 04/30/2012
-
A Bill entitled Trusts (Regulation of Trust Business) Amendment Act 2012 - 04/30/2012
-
A Bill entitled Investment Business Amendment Act 2012 - 04/30/2012
-
Corporate Governance Code Consultation Paper - 12/13/2011
-
Consultation Paper - Proposals for a Special Resolution Regime for Deposit-Taking Institutions in Bermuda - 09/28/2011
-
Consultation Paper - Securing Enhanced Protection for Depositors, Proposals for Introducing Deposit Insurance in Bermuda - 09/09/2010
-
Deposit Insurance Bill 2010 - 09/09/2010
