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 may issue codes of conduct as to the duties, requirements and standards to be complied with, and the procedures and sound principles to be observed by persons carrying on the business of fund administration.

Every licensed Fund Administrator must comply with any code of conduct issued by the Authority. A failure on the part of a licensed fund administrator to comply with the provisions of such a code will be taken into account by the Authority in determining whether the business is being conducted in a prudent manner.

  • Corporate Governance Policy for Trust, Investment Business and Fund Administrators - 9 November 2022
  • Operational Cyber Risk Management Code of Conduct - 26 September 2022
  • Fund Administration Provider Business Statement of Principles - 29 October 2020
  • Fund Administration Provider Business Guidance Note - Guidance for Prospective Applicants - 29 October 2020
  • Fund Administration Provider Business Code of Practice October 2020 - 29 October 2020
feedback icon