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General

Bermuda $5 bill voted Banknote of the Year

Currency issued last year gets appraised for its design features, with a top five announced
Currency issued last year gets appraised for its design features, with a top five announced
  • Apr 14, 2025 6:03 PM
International Business

BMA hiring increasingly specialised talent, summit told

The right people are needed to build a strong regulatory framework, says chief executive Craig Swan
The right people are needed to build a strong regulatory framework, says chief executive Craig Swan
  • Mar 12, 2025 8:29 AM
Local Business

BMA marks International Women’s Day

Saturday luncheon will highlight the contributions of the organisation’s 158 female employees
Saturday luncheon will highlight the contributions of the organisation’s 158 female employees
  • Mar 07, 2025 5:00 PM
International Business

BDIC chief executive reaffirms company’s future in Bermuda

Jeffrey Glusman’s comments follow the Bermuda Monetary Authority’s public warning about the company
Jeffrey Glusman’s comments follow the Bermuda Monetary Authority’s public warning about the company
  • Mar 05, 2025 5:10 PM
Reinsurance

BMA issues warning about Blockchain Deposit Insurance

Financial services regulator says the company is not licensed or registered to conduct any activity in Bermuda
Financial services regulator says the company is not licensed or registered to conduct any activity in Bermuda
  • Mar 04, 2025 7:58 AM
Local Business

BMA’s proposed resilience code

The financial services regulator’s approach is echoed by many of its international counterparts
The financial services regulator’s approach is echoed by many of its international counterparts
  • Feb 28, 2025 7:58 AM
Reinsurance

BMA registers seven insurers

An additional three insurance applications were approved in January by the Insurance Assessment and Licensing Committee
An additional three insurance applications were approved in January by the Insurance Assessment and Licensing Committee
  • Feb 19, 2025 8:20 PM
Local Business

BMA’s 2025 tech commitment

A substantial portion of the regulator’s targeted objectives are technology-focused
A substantial portion of the regulator’s targeted objectives are technology-focused
  • Jan 30, 2025 7:59 AM
Local Business

BMA sets out road map for 2025

The island’s financial services regulator has released its business plan for the year ahead
The island’s financial services regulator has released its business plan for the year ahead
  • Jan 16, 2025 6:15 PM
Local Business

BMA: financial institutions must be more operationally resilient

Consultation paper says the aim is to ensure that critical services for customers can continue operating without delays or interruptions
Consultation paper says the aim is to ensure that critical services for customers can continue operating without delays or interruptions
  • Jan 16, 2025 3:47 PM
Reinsurance

BMA grants Class IIGB licence to Soter Insurance Ltd

The company’s product offerings include directors and officers’ insurance, asset loss coverage and smart contract insurance
The company’s product offerings include directors and officers’ insurance, asset loss coverage and smart contract insurance
  • Jan 16, 2025 7:59 AM
International Business

HashKey gets presence in EU

Asian-headquartered digital asset financial services group has an operation in Bermuda
Asian-headquartered digital asset financial services group has an operation in Bermuda
  • Jan 09, 2025 2:44 PM
Reinsurance

BMA: reinsurance sector passes stress test

Financial services regulator says island’s property and casualty insurance and reinsurance sector has proved to be resilient to potential adverse impacts
Financial services regulator says island’s property and casualty insurance and reinsurance sector has proved to be resilient to potential adverse impacts
  • Jan 07, 2025 7:59 AM
Reinsurance

BMA report highlights industry’s use of catastrophe modelling

The financial services regulator said AIR Worldwide and Risk Management Solutions are the most frequently used software tools
The financial services regulator said AIR Worldwide and Risk Management Solutions are the most frequently used software tools
  • Jan 02, 2025 2:31 PM
Local Business

Company hit with $600,000 penalty for regulation failures

The Bermuda Monetary Authority imposes the penalty on Meritus Trust Company Ltd but says it has remediated the issues of concern
The Bermuda Monetary Authority imposes the penalty on Meritus Trust Company Ltd but says it has remediated the issues of concern
  • Dec 31, 2024 8:08 AM
Reinsurance

BMA: long-term insurers’ assets increased 15.6% in 2023

The figure is included in the financial services regulator’s market analysis and stress-testing report
The figure is included in the financial services regulator’s market analysis and stress-testing report
  • Dec 31, 2024 7:59 AM
Reinsurance

BMA is to consult on changes to public disclosure regime

The island’s financial services regulator said it invites feedback from stakeholders on the proposed framework
The island’s financial services regulator said it invites feedback from stakeholders on the proposed framework
  • Dec 27, 2024 1:46 PM
Reinsurance

BMA registers seven insurers

The year-to-date total is now 50, plus ten intermediaries
The year-to-date total is now 50, plus ten intermediaries
  • Dec 18, 2024 2:30 PM
General

Gift drive raises more than $10,000 to help families

The Bermuda Monetary Authority also collects 150 toys, with everything being donated to the Department of Child and Family Services
The Bermuda Monetary Authority also collects 150 toys, with everything being donated to the Department of Child and Family Services
  • Dec 16, 2024 1:09 PM
Reinsurance

Lloyd’s Lab opens applications for cohort featuring Bermuda

The announcement follows the signing of a memorandum of understanding by the Bermuda Monetary Authority and Lloyd’s in May
The announcement follows the signing of a memorandum of understanding by the Bermuda Monetary Authority and Lloyd’s in May
  • Dec 03, 2024 6:07 PM
Technology

Consultation launched over digital identities

The Bermuda Monetary Authority is looking for feedback on the regulation of digital identity service providers
The Bermuda Monetary Authority is looking for feedback on the regulation of digital identity service providers
  • Nov 28, 2024 1:48 PM
Reinsurance

BMA registers two insurers

Additions in October take the yearly total to 43 insurers, plus ten intermediaries
Additions in October take the yearly total to 43 insurers, plus ten intermediaries
  • Nov 22, 2024 2:43 PM
Politics

Consultation opens on beneficial ownership legislation

Under the proposal, responsibility for the regime transfers from the Bermuda Monetary Authority to the Registrar of Companies
Under the proposal, responsibility for the regime transfers from the Bermuda Monetary Authority to the Registrar of Companies
  • Nov 21, 2024 11:49 AM
General

New $2 and $5 notes to enter circulation

The new polymer banknotes, which will enter circulation this autumn, feature tactile dots to help the visually impaired
The new polymer banknotes, which will enter circulation this autumn, feature tactile dots to help the visually impaired
  • Oct 31, 2024 7:54 AM
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