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The Bermuda Monetary Authority’s (the Authority) Policy and Guidance Framework for banks and deposit companies supervision includes, amongst others: final rules around Basel III for Bermuda banks; annual updates on stress testing; corporate governance policy; updated Statement of Principles; and guidance notes and regulation is outlined in the ‘Policy & Guidance’ section of the Authority’s website.


  • Operational Cyber Risk Management Code of Conduct - 26 September 2022
  • Bermuda Banking Association Code of Ethical Conduct - 22 July 2020
  • Deposit Taking Licence - Information for Applicants and Guidance Notes - 2 July 2020
  • Annual Update - Stress Testing in the Capital Assessment and Risk Profile (CARP) for Bermuda's Banking Sector 2018 - 15 February 2018
  • Basel III for Bermuda Banks - Final Rule - 15 January 2018
  • Guidance Note -Troubled Debt Restructuring (TDR) Supervisory Expectations - 15 October 2015
  • Guidance Note - Banks and Deposit Companies Supervisory LTV and Supervisory Guidelines on TDSR for Real Property Loans - 7 May 2014
  • Guidelines on the Enhancement of Stress Testing in the CARP for Bermuda's Banking Sector - 3 April 2014
  • Corporate Governance Policy - Banks and Deposit Companies Act 1999 - 12 December 2012
  • Statement of Principles - Banking and Deposit Companies Act 1999 - 12 December 2012
  • The Bermuda Monetary Authority's Relationship with Auditors and Reporting Accounts of Banks and Deposit Companies - 12 December 2012
  • Credit Union Statement of Principles - 20 January 2011
  • Measurement and Monitoring of Liquidity - 16 December 2010
  • Principles for Sound Liquidity Risk Management and Supervision - 16 December 2010
  • Information Bulletin - Fit and Proper Persons - 19 October 2009
  • Guidance Notes on Completion of PIR for Banks - 30 March 2009
  • The Revised Framework for Regulatory Capital Assessment - 30 December 2008
  • Outsourcing of Services or Functions by Institutions Licensed under the Banks and Deposit Companies Act 1999 - 30 May 2007
  • The Approach to Consolidated Supervision - 30 May 2007
  • The Management and Control of Credit Risks - 30 May 2007
  • The Management of Operational Risk - 30 May 2007
  • The Monitoring and Control of Interest Rate Risk - 30 May 2007
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