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July 23, 2012 Dear Sir, The Bermuda Monetary Authority Annual Report 2011 is most instructive. Note 18 to the financial statements discloses that in 2011 the BMA paid total salaries and bonuses of $24,041,000 (the basic figure before other payroll co...

Financial regulator the Bermuda Monetary Authority (BMA) has launched its redesigned website. The first major redesign in five years, seeks to improve the user experience with reorganised information and added features. New features include: - A reo...

Bermuda is on track to win Solvency II equivalence, says the Bermuda Monetary Authority (BMA) following high-level talks with European Commission officials in Brussels earlier this month. The BMA is also optimistic that exemption of Bermuda’s captive...

Two Bermudian students are moving up in the financial regulatory world — as the Bermuda Monetary Authority’s star trainees complete the last leg of their graduate training programme (GTP). Vashun Blanchette and Treasa Fubler, will be the first two gr...

Bermuda will not see Solvency II equivalence until late 2013 at the earliest. That is what Bermuda Monetary Authority CEO Jeremy Cox told a packed audience at the Bermuda Insurance Institute’s (BII) spring luncheon yesterday, adding that the delay in...

Registration fees to set up Special Purpose Insurers (SPIs) in Bermuda have been almost halved, the Bermuda Monetary Authority announced. Effective April 1, 2012, all new SPI’s licensed in Bermuda will pay $6,000 for annual registration, compared to ...

International cyber thieves are targeting Bermuda’s old and unemployed with online ‘get-rich-quick’ scams, pocketing people’s hard-earned cash at a time when they need it the most. That was the message from the Bermuda Monetary Authority, Department ...

The Bermuda Monetary Authority (BMA) is seeking applicants for its 2012 Graduate Training Programme (GTP). In addition the Authority will also hold GTP information sessions to give prospective applicants, or their parents, the chance to network with ...