Your web browser is out of date. Update your browser for more security, speed and the best experience on the Bermuda Monetary Authority.

The Authority publishes formal consultation papers to industry as part of the development process for its on going enhancements to Bermuda’s regulatory framework for Investment. Such consultation facilitates input from the market in parallel to ensuring that any proposed regulatory changes will be effective and consistent with international standards.


  • Letter to Stakeholders - Investment Business Regime Changes - 22 July 2022
  • Consultation Paper - Investment Business Code of Practice Code of Conduct - 21 March 2022
  • Consultation Paper – Proposed Enhancements to the Investment Business - 13 November 2021
  • Consultation Paper - Regulations and Rules in support of the IBA - 11 October 2021
  • Consultation Paper - Enhancements to the Investment Business Regime - 16 July 2021
  • Letter to Stakeholders DP - Proposed Amendments to Investment Business, Investment Funds and Fund Administration Regimes - 3 July 2018
  • DP-Proposed Amendments to Investment Business, Investment Funds and Fund Administration Regimes - 29 March 2018
  • AIFM Consultation Paper December 2015 - 22 December 2015
  • Draft AIFM Rules 2015 - 22 December 2015
  • Investment Business Amendment Bill 2015 - 22 December 2015
  • Discussion Paper - Development of a Bermuda AIFM Regime - November 2014 - 5 November 2014
  • Corporate Governance Policy - Update - 8 October 2013
  • Consultation Paper - Corporate Governance Policy - 12 December 2012
  • Notice - Statement of Principles on the Use of Enforcement Powers - 10 May 2012
  • Explanatory Memorandum-Banks and Deposit Companies Amendment Act 2012, Trusts (Regulation of Trust Business) Amendment Act - 30 April 2012
  • A Bill entitled Investment Business Amendment Act 2012 - 30 April 2012
  • A Bill entitled Banks and Deposit Companies Amendment Act 2012 - 30 April 2012
  • A Bill entitled Trusts (Regulation of Trust Business) Amendment Act 2012 - 30 April 2012
  • Consultation Paper on Securing Enhanced Protection for Investors Revised Code of Conduct for Investment Providers - 31 March 2010
  • Draft-Consultation Paper (Appendix I)-Investment Business Act 2003 General Business Conduct and Practice Code of Conduct - 31 March 2010
feedback icon