BMA

Notice

373 published document(s) from Bermuda Monetary Authority.

CitationStatusSummary
2019 Year-end Limited Purpose Insurers Filing Notice (2020-06-19)IssuedThis is a notice from the Bermuda Monetary Authority to Limited Purpose Insurers (LPIs) clarifying several requirements for their 2019 year-end Electronic…
BMA Cancels Registration of Intrepidus Insurance Services (Bermuda) Limited (2018-07-03)Issued 2018-03-07This is a notice from the Bermuda Monetary Authority announcing that it has cancelled the insurance brokerage registration of Intrepidus Insurance Service…
BMA Coronavirus (COVID-19) Notice to Industry (2020-03-20)Issued 2020-03-20This is a notice from the Bermuda Monetary Authority (BMA) informing regulated firms of operational changes made in response to the COVID 19 pandemic. It…
BMA Public Warning – Fraudulent Demand for Payment (2026-07-22)Issued 2026-07-22This is a public warning notice from the Bermuda Monetary Authority alerting regulated entities and the public to a fraudulent email impersonating the BMA…
BMA Public Warning – Fraudulent Email Domain: BMA-BM.com (2025-08-14)Issued 2025-08-14This is a public warning notice from the Bermuda Monetary Authority alerting regulated entities and the public to a fraud scheme using the spoofed email d…
BMA Stakeholder Letter - Consultation Paper: Proposal for a Conduct of Business Regulatory Regime (2021-04-23)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority summarising feedback received on its December 2020 Consultation Paper proposing a Conduct…
BMA Winds Up Investment Fund For Regulatory Breaches - Cumulus Eastern European Property Fund Limited (2017-08-11)Issued 2017-11-08This is an enforcement notice from the Bermuda Monetary Authority (BMA) announcing that it successfully petitioned the Supreme Court of Bermuda to wind up…
CSP - Important Update (2016-07-22)Issued 2016-07-22This notice from the Bermuda Monetary Authority announces that it has begun accepting licence applications from Corporate Services Providers (CSPs). It wa…
Cancellation of Registration - 777 Re Ltd. (2024-10-08)Issued 2024-10-08This is a public enforcement notice from the Bermuda Monetary Authority announcing that it has cancelled the insurance registration of 777 Re Ltd, a class…
Cancellation of Registration - Economic Risk Insurance, Ltd (2021-01-05)Issued 2021-01-05This is a Bermuda Monetary Authority (BMA) enforcement notice announcing that it has cancelled the insurance registration of Economic Risk Insurance, Ltd.…
Cancellation of Registration - Phoenix CRetro Reinsurance Company Limited (2020-09-22)Issued 2020-09-22This is a press release from the Bermuda Monetary Authority announcing that it has cancelled the insurance registration of Phoenix CRetro Reinsurance Comp…
Cancellation of Registration - Priosma Ltd. (2021-05-26)Issued 2021-05-26This is a public enforcement notice from the Bermuda Monetary Authority announcing that it has cancelled the insurance broker registration of Priosma Ltd.…
Cancellation of Registration - Signify Insurance Ltd. (2022-02-02)Issued 2022-02-02This is a press release from the Bermuda Monetary Authority announcing that it has cancelled the insurance registration of Signify Insurance Ltd., a Class…
Cancellation of Registration - U.S. Re Corp. International Ltd. (2021-05-26)Issued 2021-05-26This is a public enforcement notice from the Bermuda Monetary Authority announcing that it has cancelled the insurance broker registration of U.S. Re Corp…
Civil Penalties - Acadia Life International Limited (2023-08-24)Issued 2023-08-24This is a press release notice in which the Bermuda Monetary Authority (BMA) announces that it has levied civil penalties totalling $100,000 on Acadia Lif…
Civil Penalties - Acadia Life Limited (2023-08-24)Issued 2023-08-24This is a press release in which the Bermuda Monetary Authority announces that it has levied civil penalties totalling $900,000 against Acadia Life Limite…
Civil Penalties - Allianz Life Bermuda Ltd. (2021-08-12)Issued 2021-08-12This is a press release from the Bermuda Monetary Authority announcing that it has imposed civil penalties of $1,700,000 on Allianz Life Bermuda Limited f…
Civil Penalties - Conyers Corporate Services Limited (2022-05-02)Issued 2022-05-02This is a press release from the Bermuda Monetary Authority announcing civil penalties totalling $981,000 against Conyers Corporate Services (Bermuda) Lim…
Civil Penalties - Conyers Trust Company (Bermuda) Limited (2022-05-02)Issued 2022-05-02This is a Bermuda Monetary Authority press release announcing that it has levied civil penalties totalling $1,118,500 on Conyers Trust Company (Bermuda) L…
Civil Penalties - Crown Global Life Insurance and Crown Global Life Insurance (Bermuda) Ltd (2020-12-31)Issued 2020-12-31This is a Bermuda Monetary Authority enforcement notice announcing civil penalties totalling $400,000 against Crown Global Life Insurance Ltd. and Crown G…
Civil Penalties - Meritus Trust Company Limited (2024-12-30)Issued 2024-12-30This is a public enforcement notice from the Bermuda Monetary Authority announcing civil penalties of $600,000 imposed on Meritus Trust Company Limited, a…
Civil Penalty - Estera Services (Bermuda) Limited (2019-06-14)Issued 2019-06-14This is a Bermuda Monetary Authority press release announcing that it has imposed civil penalties totalling $500,000 on Estera Services (Bermuda) Limited,…
Civil Penalty Licence Restriction - Colonial Pension Services (2019-02-27)Issued 2019-02-27This is a Bermuda Monetary Authority press release announcing that it imposed a civil penalty of $200,000 on Colonial Pension Services Ltd., a company lic…
Civil Penalty Licence Restriction - Sun Life Financial Investments (Bermuda) Ltd (2017-02-27)Issued 2017-02-27This is a public enforcement notice from the Bermuda Monetary Authority announcing that it fined Sun Life Financial Investments (Bermuda) Ltd $1,500,000 i…
Conduct Consultation Paper Stakeholder Letter (2021-04-23)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority summarising industry feedback on its December 2020 Consultation Paper proposing a Conduct…
Consultation Comments Summary Form - Consultation Paper -Exchange Control (2018-02-01)Issued 2018-02-01No extractable text (blank/binary file); nothing to summarize.
Corporate Services Providers (CSP) - Important Notice (2016-07-01)Issued 2016-07-01This is a notice from the Bermuda Monetary Authority extending the deadline for institutions carrying on corporate services business to apply for a Corpor…
Digital Asset Business FAQ's (2019-06-20)Issued 2019-06-20This is a Frequently Asked Questions notice issued by the Bermuda Monetary Authority explaining how the Digital Asset Business Act 2018 licensing regime w…
ESFR Enrollment Form (2016-07-21)Issued 2016-07-21No extractable text (blank/binary file); nothing to summarize.
Economic Substance Declaration Webinars (2020-04-09)Issued 2020-04-09This notice from the Bermuda Registrar of Companies announces free training webinars ahead of the launch of the new Economic Substance Declaration (ESD) p…
FAQ's - Assessment of Bermuda's National Money Laundering and Terrorist Financing Risk Report (2018-05-17)Issued 2018-05-17This is an informational FAQ document from the BMA explaining Bermuda's 2017 National Risk Assessment (NRA) of money laundering (ML) and terrorist financi…
FRAUDULENT CHEQUES - U.S. BANK (2021-06-15)Issued 2021-06-15This is a public warning notice issued by the Bermuda Monetary Authority alerting the public to fraudulent cheques circulating in the United States that f…
FRAUDULENT LETTERS - GUARDIAN LAW FIRM (2025-11-28)Issued 2025-11-28This is a public warning notice from the Bermuda Monetary Authority alerting the public to fraudulent letters circulated by the Guardian Law Firm that fal…
FRAUDULENT SOCIAL MEDIA POSTING - NETHEREXPRO (2025-04-17)Issued 2025-04-17This is a public warning notice issued by the Bermuda Monetary Authority alerting the public to a fraudulent social media posting linked to an entity call…
FRAUDULENT SOCIAL MEDIA POSTING - PRIMEAURORA (2025-02-03)Issued 2025-02-03This is a public warning notice issued by the Bermuda Monetary Authority (BMA) alerting the public to a fraudulent social media posting that falsely uses…
FRAUDULENT WEBSITE - STILLMAN CRYPTO BRAZIL (2024-10-16)Issued 2024-10-16This is a public warning notice issued by the Bermuda Monetary Authority alerting the public to a fraudulent website purporting to be Stillman Crypto Braz…
FRAUDULENT WEBSITE - WWW.BANKOFNEVIS.COM (2021-01-16)Issued 2021-01-16This is a public warning notice issued by the Bermuda Monetary Authority alerting consumers that www.bankofnevis.com is a fraudulent website falsely claim…
Industry Stakeholder Letter for CP Proposed Fee Changes (2019-11-20)IssuedThis is a short industry stakeholder letter from the Bermuda Monetary Authority following up on its October 2019 Consultation Paper on Proposed Fee Change…
Information Bulletin - The Insurance (Group Supervision) Rules 2011: Eligible Capital - Extension to Transition Period (2012-01-12)IssuedThis is an Information Bulletin from the Bermuda Monetary Authority explaining an extension to the transitional period under the Insurance (Group Supervis…
Insurance Amendment Act 2022 Stakeholder Letter (2022-06-09)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority responding to feedback received on its Consultation Paper for the Insurance Amendment Act…
Insurance Amendment No 2 Act 2022 Stakeholder Letter (2022-06-09)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority responding to comments received on its consultation paper regarding legislative enhanceme…
Insurance Code of Conduct, Notice and AppendicesIssuedThis is a 2011 BMA notice introducing the Insurance Code of Conduct, which sets out duties, requirements and standards for corporate governance, risk mana…
Insurance Groups and Commercial Insurers - Quarterly Financial Return Templates and Liability Exposure to the Ongoing Iran War/Middle East Crisis (2026-05-08)Issued 2026-05-08This BMA notice announces that the Quarterly Financial Return templates for the quarter ended 31 March 2026 are now available online, and directs certain…
Insurance Prudential Standard Stakeholder Letter (2022-03-24)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority summarising its responses to comments received during consultation on the Insurance (Prud…
JPL Appointment - Tahoe Life Insurance Company Limited (2024-07-26)Issued 2024-07-26This notice announces that the Bermuda Monetary Authority has obtained a Supreme Court of Bermuda order appointing joint provisional liquidators (JPLs) ov…
JPL Appointment - White Rock Insurance (SAC) Ltd (2023-08-18)Issued 2023-08-18This is a public notice issued jointly by the Bermuda Monetary Authority and White Rock Insurance (SAC) Ltd (White Rock Bermuda) announcing that both part…
Letter to Stakeholders - DP Proposed Enhancements to Investment Business, Investment Funds and Fund Administration Regimes (2018-07-03)IssuedThis is a letter from the Bermuda Monetary Authority (BMA) to industry stakeholders following up on its 29 March 2018 Discussion Paper on possible enhance…
Letter to Stakeholders - Response to Consultation Paper - Scope of AML/ATF Activities (2018-05-23)IssuedThis is a letter from the Bermuda Monetary Authority summarising industry feedback on its February 2018 Consultation Paper on the Scope of AML/ATF Activit…
Letter to Stakeholders on AML Financial Groups (2018-07-19)Issued 2018-07-19This is a stakeholder letter from the Bermuda Monetary Authority explaining upcoming legislative changes to Bermuda's AML/ATF regime concerning financial…
Letter to Stakeholders on Trust Business (2016-08-17)IssuedThis is a short letter from the Bermuda Monetary Authority (BMA) to stakeholders following the consultation on its Sector Specific Guidance Notes for Anti…
Licence Restriction - Barrington Investments Limited (2016-08-29)Issued 2016-08-29This is a notice from the Bermuda Monetary Authority (BMA) announcing enforcement action against Barrington Investments Limited, a local investment busine…
NOTICE - Amendments to Investment Funds Act 2006 (2016-10-19)Issued 2016-10-19This BMA notice explains amendments to the Investment Funds Act 2006 that took effect on 1 October 2016, made to align with the new Limited Liability Comp…
NOTICE - Bermuda Investment Funds Amendment Act 2019 (2020-01-20)Issued 2020-01-20This BMA notice explains the effect of the Investment Funds Amendment Act 2019 and related instruments (the Investment Funds Definition Order 2019, Invest…
NOTICE - Bermuda Monetary Authority Determination of Appeals Amendment Act 2016 (2016-05-12)DraftThis is a Bermuda Monetary Authority (BMA) notice announcing a proposed Bill, the Bermuda Monetary Authority Determination of Appeals Amendment Act 2016,…
NOTICE - Corporate Service Provider Business Exemption Amendment Order 2016 (2016-09-26)Issued 2016-10-03This notice from the Bermuda Monetary Authority announces that the Corporate Service Provider Business Exemption Order 2015 has been amended to add certai…
NOTICE - E-SFR 31 December 2016 Year End Filings (2016-10-31)Issued 2016-10-31This is a reminder notice from the Bermuda Monetary Authority regarding mandatory electronic filing of Statutory Financial Returns (SFR) through the E-SFR…
NOTICE - Grandfathering of Class A/Class B Exempt Funds (2016-09-23)Issued 2016-09-23This BMA notice announces an extension of the grandfathering period that allows certain older Bermuda exempt investment funds to reclassify under the newe…
NOTICE - Reclassification of Grandfathered Exempt Funds to Class A/Class B Exempt Funds (2017-09-27)Issued 2017-09-27This BMA notice reminds grandfathered exempt investment funds in Bermuda that they must reclassify as either Class A Exempted Funds or Class B Exempted Fu…
NOTICE - Sector Specific Guidance Notes AML/ATF - Digital Asset Business (2018-07-24)IssuedThis notice announces Annex VIII, a sector-specific AML/ATF guidance note tailored to digital asset business, which supplements (but does not replace) the…
NOTICE-Guidance Notes for AML/ATF RFIs on AML/ATF (2016-02-01)Issued 2016-02-01This notice announces that the Bermuda Monetary Authority has revised its Guidance Notes for Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF G…
NOTICE-Sector Specific Guidance Notes AML/ATF Money Service Business (2017-12-19)Issued 2017-12-19This is a notice from the Bermuda Monetary Authority announcing a consultation on new Sector-Specific Guidance Notes for AML/ATF applicable to Money Servi…
Notice - 2018 FYE Hard Copy BSCR Submissions (2019-04-04)Issued 2019-04-04This notice from the Bermuda Monetary Authority relaxes the hard copy filing requirement for 2018 year end Statutory Financial Returns (SFR) and Capital a…
Notice - 2019 Filing Requirements for Insurance Intermediaries (2019-02-08)IssuedThis notice from the Bermuda Monetary Authority confirms 2019 filing and compliance requirements applicable to insurance intermediaries, specifically Insu…
Notice - 2020 Annual Return Templates for Insurance Intermediaries (2020-06-01)Issued 2020-06-01This notice from the Bermuda Monetary Authority announces the posting of updated 2020 Annual Return Templates for Insurance Managers and for Insurance Bro…
Notice - 2020 Year-End BSCR Model for Class 3A and 3B Insurers - Schedule V(e) Stress/Scenario Tests (2021-02-23)Issued 2021-02-23This is a short corrective notice from the Bermuda Monetary Authority concerning the 2020 year end Bermuda Solvency Capital Requirement (BSCR) model used…
Notice - 2021 Annual Return Templates for Insurance Intermediaries (2021-05-21)Issued 2021-05-21This is a short BMA notice announcing that the 2021 Annual Return Templates for insurance intermediaries have been posted on the Authority's website. The…
Notice - 2021 Year-End BSCR Model Schedule V(e) Cyber Risk Stress Test Scenarios (2022-03-08)Issued 2022-03-08This notice from the Bermuda Monetary Authority clarifies instructions for Schedule V(e) Cyber Risk Stress Test Scenarios within the 2021 Year-End Bermuda…
Notice - 2022 Annual Return Templates for Insurance Intermediaries (2022-04-20)Issued 2022-04-20This notice from the Bermuda Monetary Authority announces the posting of the 2022 annual return templates for insurance intermediaries, specifically Insur…
Notice - 2022 Legislative Changes (2021-12-15)Issued 2021-12-15This notice from the Bermuda Monetary Authority announces proposed amendments to the Insurance Act 1978 (via an Insurance Amendment No.1 Act 2022) and to…
Notice - 2022 year-end Report of Schedule VI and Schedule of Assets (2023-02-02)Issued 2023-02-02This BMA notice clarifies the scope and completion requirements for the 2022 year end Schedule VI (Schedule of Assets) and Schedule VIA (Schedule of Funds…
Notice - 2023 Annual Return Templates for Insurance Intermediaries (2023-03-14)Issued 2023-03-14This is a short notice from the Bermuda Monetary Authority announcing that the 2023 annual return templates for insurance intermediaries have been posted…
Notice - 2023 Annual Return Templates for Insurance Intermediaries (2023-06-23)Issued 2023-06-23This is a short notice from the Bermuda Monetary Authority reminding Insurance Intermediaries of the submission requirements for their 2023 annual return…
Notice - 2023 Insurance Group and Commercial Insurers Quarterly Returns (2023-04-06)Issued 2023-04-06This is a short notice from the Bermuda Monetary Authority announcing that the 2023 Quarterly Return templates for insurance groups and commercial insurer…
Notice - 2024 Annual Return Templates for Insurance Intermediaries (2024-02-28)Issued 2024-02-28This BMA notice announces that the 2024 annual return templates for insurance intermediaries have been posted to the Authority's website, with no substant…
Notice - 2024 Interim Group and Commercial Insurer BSCR Models (2024-04-26)Issued 2024-04-26This notice from the Bermuda Monetary Authority informs insurance stakeholders that interim Bermuda Solvency Capital Requirement (BSCR) models have been p…
Notice - 2024 Year-End BSCR Model Republication (2025-01-21)Issued 2025-01-21This notice from the Bermuda Monetary Authority (BMA) alerts commercial insurers and insurance groups to corrections found in the 2024 year-end BSCR model…
Notice - 2025 March Quarterly Financial Return (2025-04-03)Issued 2025-04-03This BMA notice announces that the Quarterly Financial Return templates for the quarter ended 31 March 2025 are now available on the Authority's website.…
Notice - 2026 Annual Return Templates for Insurance Intermediaries (2026-04-17)Issued 2026-04-17This BMA notice announces that the 2026 annual return templates for insurance intermediaries have been posted on the BMA website. It applies to insurance…
Notice - ANNEX III – Guidance Notes for AML-ATF RFIs for Investment Business (2016-10-06)Issued 2016-10-06This is a BMA consultation notice announcing a draft sector-specific AML/ATF guidance note for Investment Business Providers, Investment Funds and Fund Ad…
Notice - Accounting treatment for digital assets (2023-01-27)Issued 2023-01-27This BMA notice clarifies how Digital Asset Businesses (DABs) must account for digital assets they store or maintain on behalf of customers, particularly…
Notice - Advertisement of Petition - Stonebridge Capital Hedge Fund Limited (2025-01-21)Issued 2025-01-21This is a court notice advertising a winding up petition presented to the Supreme Court of Bermuda against Stonebridge Capital Hedge Fund Limited. The pet…
Notice - Alternative Capital Schedule Filing Requirement (2018-01-22)IssuedThis notice from the Bermuda Monetary Authority introduces a new filing requirement for insurers and reinsurers that use alternative capital structures, s…
Notice - Amendments to the Standardised Approach to Measuring Credit Risk (2022-05-23)Issued 2022-05-23This is a notice from the Bermuda Monetary Authority announcing a consultation paper on proposed amendments to the standardised approach used to calculate…
Notice - Anaplans Institutional Insured Credit Receivables Fund Limited (2022-02-25)Issued 2022-02-25This is a Bermuda Monetary Authority notice announcing that the Supreme Court of Bermuda, on the Authority's petition, ordered the winding up of Anaplans…
Notice - Annex I Sector-Specific Guidance Notes for Trust Business (2021-10-11)Issued 2021-10-11This is a consultation notice from the Bermuda Monetary Authority (BMA) announcing a draft Annex I Sector-Specific Guidance Note for Trust Business, part…
Notice - Annex VII Sector-Specific Guidance Notes for Money Service Business (2021-10-11)Issued 2021-10-11This is a BMA consultation notice announcing draft Annex VII Sector-Specific Guidance Notes for Money Service Business, which supplement the Authority's g…
Notice - Annex VIII Sector-Specific Guidance Notes for Digital Asset Business (2021-10-11)Issued 2021-10-11This is a BMA notice opening a public consultation on proposed Annex VIII Sector-Specific Guidance Notes for Digital Asset Business. The sector-specific n…
Notice - BDCA Code (2021-09-15)Issued 2021-09-15This is a BMA notice announcing a consultation paper on a proposed new Code of Conduct under the Banks and Deposit Companies Act 1999. The Authority is se…
Notice - BMA Public Warning - Fraudulent Email Domain: BMA-BM.com used to Misdirect Wire Payment (2025-08-14)Issued 2025-08-14This is a public warning notice from the Bermuda Monetary Authority alerting regulated entities and the public to a fraud scheme involving a spoofed email…
Notice - BSCR AML and Suspicious Activities Reporting Requirement for 31 December 2018 Submission (2018-12-06)IssuedThis is a short notice from the Bermuda Monetary Authority clarifying which AML and Suspicious Activity Reporting schedules long-term insurers must comple…
Notice - BSCR Model Update February 2016 (2016-02-09)Issued 2016-02-09This notice from the Bermuda Monetary Authority flags corrections to the 2015 year end Bermuda Solvency Capital Requirement (BSCR) models it published on…
Notice - BSCR Models for 2016 Year-End and Reporting Clarifications (2017-02-28)Issued 2017-03-01This BMA notice addresses two things related to the 2016 year end BSCR (Bermuda Solvency Capital Requirement) reporting cycle for commercial insurers and…
Notice - BSCR Models for 2017 Year-End Statutory Reporting and Participation on the Market Trial-Run Exercise (2018-03-29)Issued 2018-03-29This notice updates insurers on the Bermuda Solvency Capital Requirement (BSCR) models used for 2017 year-end statutory reporting and the related market t…
Notice - BSCR Models for 2018 Year-End Reporting - Revised (2019-01-02)IssuedThis notice from the Bermuda Monetary Authority informs insurers that it has re-published revised BSCR (Bermuda Solvency Capital Requirement) models for 2…
Notice - BSCR Models for 2018 Year-end Reporting - Currency Risk for 2019 Methodology (2019-01-22)IssuedThis BMA notice alerts insurers that on 22 January 2019 the Authority re-published corrected BSCR (Bermuda Solvency Capital Requirement) models for 2018 y…
Notice - BSCR Update Proposal - Draft Rules for Field Testing (2017-04-21)IssuedThis is a short informational notice from the Bermuda Monetary Authority updating the timeline for its Bermuda Solvency Capital Requirement (BSCR) Update…
Notice - BSCR Update Proposal - Updated Appendix A USD (2018-01-08)IssuedThis notice from the Bermuda Monetary Authority corrects a technical error in Appendix A of its November 2017 Bermuda Solvency Capital Requirement (BSCR)…
Notice - Banks and Deposit Companies Code of Conduct (2022-08-11)Issued 2022-08-11This is a notice from the Bermuda Monetary Authority announcing the finalisation and publication of a new Code of Conduct under the Banks and Deposit Comp…
Notice - Bermuda (Re)insurers Expect to Pay a Significant Portion of the California Wildfire Losses (2025-05-01)Issued 2025-05-01This is a BMA press release, not a rule or directive. It reports findings from the Authority's US Data Claims Survey on Bermuda based (re)insurers' expect…
Notice - Bermuda Long-term Insurance Market Analysis and Stress Testing Report (2024-01-24)Issued 2024-01-24This is a BMA notice announcing publication of an inaugural Bermuda Long-term Insurance Market Analysis and Stress Testing Report. It is informational in…
Notice - Bermuda Long-term Insurance Market Reports (2024-08-30)Issued 2024-08-30This is an informational notice from the Bermuda Monetary Authority announcing a new series of reports on the Bermuda Long-term (re)insurance market. It f…
Notice - Bermuda Monetary Authority Act 1969 General Powers and Fee-Related Changes (2024-07-10)Issued 2024-07-10This is a notice from the Bermuda Monetary Authority announcing a consultation paper on proposed amendments to the Bermuda Monetary Authority Act 1969. Th…
Notice - Bermuda Monetary Authority Issues Prohibition Order Against Joakim Samuelsson (2026-04-20)Issued 2026-04-20This notice reports that the Bermuda Monetary Authority has issued an indefinite prohibition order against Joakim Samuelsson, a former director, officer a…
Notice - Bermuda Solvency Capital Requirement (BSCR) for 2019 Year-End (2020-02-17)Issued 2020-02-17This notice from the Bermuda Monetary Authority informs (re)insurers that the Bermuda Solvency Capital Requirement (BSCR) models for 2019 year end have be…
Notice - Bermuda Solvency Capital Requirement Updated Proposal November 2017, Updated Deadline for 31 December 2016 Submissions (2018-02-02)IssuedThis is a short notice from the Bermuda Monetary Authority extending the deadline for industry feedback on a trial run tied to the Bermuda Solvency Capita…
Notice - Bermuda Solvency Capital Requirement for 2019 Year-End (2019-12-20)Issued 2019-12-20This is a short notice from the Bermuda Monetary Authority confirming technical details for 2019 year-end Bermuda Solvency Capital Requirement (BSCR) repo…
Notice - Board Meetings (2020-07-06)Issued 2020-07-06This notice from the Bermuda Monetary Authority addresses the impact of COVID-19 on registrants' ability to hold physical board of directors meetings in B…
Notice - Board Meetings (2020-09-03)Issued 2020-09-03This notice from the Bermuda Monetary Authority addresses the impact of COVID-19 on the requirement for registrants to hold physical board of directors me…
Notice - COVID 19 Notice to Industry (2020-05-12)Issued 2020-05-12This is an informational notice from the Bermuda Monetary Authority updating industry on its operating status during the COVID-19 pandemic. It confirms th…
Notice - COVID-19 Update - 2021 Board of Directors Meetings (2020-12-22)Issued 2020-12-22This notice from the Bermuda Monetary Authority addresses continued COVID-19 disruption to registrants' ability to hold physical board of directors meetin…
Notice - COVID-19 Update - 2021 Board of Directors Meetings (2021-06-01)Issued 2021-06-01This notice from the Bermuda Monetary Authority addresses continuing COVID-19 disruption to registrants' ability to hold physical board of directors meeti…
Notice - COVID-19 Update - Board of Directors Meetings (2021-12-13)Issued 2021-12-13This notice from the Bermuda Monetary Authority addresses continued COVID-19 disruption to registrants' ability to hold physical board of directors meetin…
Notice - Cancellation of Registration - 777 Re Ltd (2024-10-08)Issued 2024-10-08This is a public enforcement notice from the Bermuda Monetary Authority announcing the cancellation of the insurance registration of 777 Re Ltd, a class E…
Notice - Cancellation of Registration - Priosma (2021-05-26)Issued 2021-05-26This is a public notice from the Bermuda Monetary Authority announcing that it has cancelled the insurance broker registration of Priosma Ltd. for breache…
Notice - Cancellation of Registration - U.S. Re Corp (2021-05-26)Issued 2021-05-26This is a public enforcement notice from the Bermuda Monetary Authority announcing that it has cancelled the insurance broker registration of U.S. Re Corp…
Notice - Cannabis Related Risk (2019-11-13)Issued 2019-11-13This notice sets out the BMA's position on Supervised Entities conducting business with participants in the cannabis sector, following legalisation of can…
Notice - Catastrophe Event September 2022 (2022-10-06)Issued 2022-10-06This BMA notice requires certain insurers to report their exposure to Hurricane Ian in their quarterly financial returns for the period ending 30 Septembe…
Notice - Cessation of sale of Bulk Currency (2019-11-05)Issued 2019-11-05This is a short public notice from the Bermuda Monetary Authority announcing a change to its policy on selling physical currency, effective immediately as…
Notice - Changes to Bermuda's Investment Fund Regime (2019-05-30)Issued 2019-05-30This notice from the Bermuda Monetary Authority explains changes to Bermuda's investment fund regime resulting from the Economic Substance Act 2018, which…
Notice - Cohort 14 Lloyd’s Lab Accelerator Programme (2024-12-03)Issued 2024-12-03This is an informational notice from the Bermuda Monetary Authority announcing that applications are open for Cohort 14 of the Lloyd's Lab Accelerator Pro…
Notice - Commencement of IBA changes (2022-07-18)Issued 2022-07-18This BMA notice announces the commencement of the Investment Business (Amendment) Act 2022, which took effect on 27 July 2022. It follows a series of 2021…
Notice - Commercial Insurer and Insurance Groups - Amendment Rules, Schedules, Guidance Notes and Handbook (2024-03-28)Issued 2024-03-28This is a BMA notice announcing the publication of a package of amendment rules, guidance notes and a handbook concluding the 2023 consultative process (C…
Notice - Commercial Insurer and Insurance Groups – Q3 Subsequent Event Reporting - Exposure to Hurricane Milton (2024-10-15)Issued 2024-10-15This BMA notice tells commercial insurers and insurance groups subject to quarterly reporting that any exposure to Hurricane Milton, which made landfall i…
Notice - Commercial Insurer and Insurance Groups – Republication of the 2025 Year-End BSCR Model (2026-02-18)Issued 2026-02-18This notice from the Bermuda Monetary Authority informs commercial insurers and insurance groups that it has republished the 2025 year end BSCR models ori…
Notice - Commercial Insurer and Insurance Groups – Updated Quarterly Financial Return Templates (2024-10-04)Issued 2024-10-04This BMA notice directs commercial insurers and insurance groups that file quarterly financial returns to reflect exposure to Hurricane Helene in their ne…
Notice - Compliance with International Sanctions and Data Call (2022-05-16)Issued 2022-05-16This notice from the Bermuda Monetary Authority follows up on its 18 April 2022 data call regarding international sanctions related to the Russian Federat…
Notice - Compliance with International Sanctions and Data Call – Insurance Groups and Class 4, 3B, 3A, C, D and E Insurers (2022-04-18)Issued 2022-04-18This BMA notice reminds Bermuda insurance groups and Class 4, 3B, 3A, C, D and E insurers of their obligation to comply with international sanctions and r…
Notice - Compliance with International Sanctions and Subsequent Events Disclosure for Limited Purpose Insurers, Intermediaries, Collateralized Insurers and Class IIGB Insurers (2022-04-19)Issued 2022-04-19This BMA notice reminds limited purpose insurers, intermediaries, collateralized insurers and Class IIGB insurers (collectively Registrants) of their obli…
Notice - Conduct of Business Regulatory Regime - Digital Asset Business Act 2018 - Final Code of Practice (2023-04-04)Issued 2023-04-04This BMA notice announces that the finalised Code of Practice under the Digital Asset Business Act 2018, addressing conduct of business and customer prote…
Notice - Consultation Deadline Extended - Corporate Service Provider (Beneficial Owner) Regulations 2012 (2013-01-11)DraftThis is a short BMA notice extending the public consultation deadline on the proposed Corporate Service Provider (Beneficial Owner) Regulations 2012. The…
Notice - Consultation Paper - Framework Enhancements Introducing Sustainability Disclosures and Prohibition on the Use of Misleading Fund Names (2025-09-02)Issued 2025-09-02This notice announces that the Bermuda Monetary Authority (BMA) has published a Consultation Paper proposing amendments to the investment fund regulatory…
Notice - Consultation Paper - Guidance Note for Legacy Insurance Groups on the Accounting and Capital Treatment for Corporate Liabilities (2023-10-25)Issued 2023-10-25This is a BMA notice announcing a consultation on a proposed Guidance Note addressing the accounting and capital treatment of corporate liabilities for le…
Notice - Consultation Paper - Proposed Amendments for the Regulation of Investment Exchanges and Clearing Houses and Other Additional Changes to the Investment Business Act 2003 (2023-09-06)Issued 2023-09-06This is a BMA notice announcing that a consultation paper has been published proposing amendments to the Investment Business Act 2003. The proposals aim t…
Notice - Consultation Paper - Proposed Enhancements to the Corporate Service Provider Business Act 2012 (2024-06-14)Issued 2024-06-14This is a notice from the Bermuda Monetary Authority (BMA) announcing a consultation paper on proposed enhancements to the Corporate Service Provider Busi…
Notice - Consultation Paper - Proposed Recovery Planning Rules (2023-05-22)Issued 2023-05-22This BMA notice announces a consultation paper setting out proposed Recovery Planning Rules for the Bermuda commercial insurance sector. The Rules would r…
Notice - Consultation Paper - Proposed Regulation of Over-the-Limit (OTL) Fees (2023-05-12)Issued 2023-05-12This notice announces that the Bermuda Monetary Authority (BMA) is consulting on proposed regulation of Over-the-Limit (OTL) fees charged by banks to cust…
Notice - Consultation Paper Amendments to the Third Schedule (2022-05-18)Issued 2022-05-18This is a Bermuda Monetary Authority (BMA) notice summarizing stakeholder feedback on its August 2020 Consultation Paper concerning amendments to the Thir…
Notice - Consultation Paper: Operational Resilience Code and Guidance (2025-01-14)DraftThis is a BMA notice announcing a consultation paper on a proposed Operational Resilience Code and Guidance. The Authority is proposing a new operational…
Notice - Consultation Paper: Proposed Enhancements to the Investment Business Regime (Regulations and Rules) (2021-09-17)Issued 2021-09-17This is a notice from the Bermuda Monetary Authority announcing a consultation paper on proposed changes to the Investment Business regulatory framework.…
Notice - Consultation Paper: Revisions to the Insurance Code of Conduct (2021-09-17)Issued 2021-09-17This is a Bermuda Monetary Authority notice announcing a consultation paper on proposed revisions to the Insurance Code of Conduct, part of a broader cond…
Notice - Conversion of Structures (2016-12-23)Issued 2016-12-23This Notice from the Bermuda Monetary Authority explains new legislative provisions allowing certain Bermuda legal entities to convert from one structure…
Notice - Corporate Service Provider (Beneficial Owner) Regulations 2012 (2012-12-21)Issued 2012-12-21This is a Bermuda Monetary Authority notice introducing the draft Corporate Service Provider (Beneficial Owner) Regulations 2012, made under section 66 of…
Notice - Cyber Code (2021-10-29)Issued 2021-10-29This is a BMA notice announcing a consultation paper on a proposed Operational Cyber Risk Management Code of Conduct. It sets minimum requirements and exp…
Notice - Cyber Risk Management for Insurance Managers, Brokers and Agents (2021-12-17)Issued 2021-12-17This notice from the Bermuda Monetary Authority announces an update to the Schedule of Cyber Risk Management that forms part of the annual return requirem…
Notice - Deferred Tax Asset Adjustment 2019 Year-End (2020-03-13)Issued 2020-03-13This BMA notice informs insurers that the 2019 year-end Bermuda Solvency Capital Requirement (BSCR) models have been updated to remove the equity risk cap…
Notice - Designating the Head of an Internationally Active Insurance Group (2022-05-23)Issued 2022-05-23This BMA notice announces a consultation on proposed amendments to the Insurance Act 1978 that would define the term 'Head of the IAIG' (Internationally A…
Notice - Digital Asset Business - Guidance for prospective applicants for licensing (2025-09-08)Issued 2025-09-08This notice announces that the Bermuda Monetary Authority (BMA) has issued a new Guidance Note setting out its expectations for prospective applicants see…
Notice - Digital Asset Business - Operational Cyber Risk Management Code of Practice (2022-04-05)Issued 2022-04-05This is a BMA notice announcing that it has posted for public consultation a draft new Digital Asset Business Operational Cyber Risk Management Code of Pr…
Notice - Digital Asset Business Single Currency Pegged Stablecoins (SCPS) Consultation Guidance (2024-05-10)Issued 2024-05-10This is a consultation notice from the Bermuda Monetary Authority (BMA) announcing draft Guidance on Digital Asset Business Single Currency Pegged Stablec…
Notice - Digital Asset Issuance Statement of Principles and Digital Asset Issuance Rules 2020 (2020-06-23)Issued 2020-06-23This is a notice from the Bermuda Monetary Authority (BMA) announcing that it has posted a draft Statement of Principles and a draft Digital Asset Issuanc…
Notice - Digital Consultation (2020-06-24)Issued 2020-06-24This notice from the Bermuda Monetary Authority announces a public consultation on two new instruments made under the Digital Asset Issuance Act 2020: a p…
Notice - Discussion Paper - Disclosure of Climate Change Risks for Commercial Insurers - New Extended Response Deadline (2023-12-11)Issued 2023-12-11This notice from the Bermuda Monetary Authority (BMA) extends the response deadline for its Discussion Paper on Disclosure of Climate Change Risks for Com…
Notice - Diversified Fund Platform Ltd. (2025-11-26)Issued 2025-11-26This is a notice from the Bermuda Monetary Authority (BMA) announcing that it petitioned the Supreme Court of Bermuda to wind up Diversified Fund Platform…
Notice - Draft Statement of Principles on the Use of Enforcement Powers (2012-05-10)DraftThis is a draft Statement of Principles (SoP) published by the Bermuda Monetary Authority explaining how it intends to use its enforcement powers once new…
Notice - E-SFR 2015-2016 Year End SFR Reporting Periods (2016-02-23)Issued 2016-02-23This notice from the Bermuda Monetary Authority updates insurers on the transition to the new Electronic Statutory Financial Return (E-SFR) system, follow…
Notice - E-SFR System Now Available (2016-04-29)Issued 2016-04-29This notice from the Bermuda Monetary Authority announces that its new Electronic Statutory Financial Return (E-SFR) system is now operational for filing…
Notice - Eligible Capital Requirements (2012-02-24)Issued 2012-02-24This short BMA notice informs insurance industry stakeholders of the commencement date for new eligible capital requirements applicable to both solo legal…
Notice - Eligible Capital Rules 2011 (2011-11-14)Issued 2011-11-14This notice from the Bermuda Monetary Authority announces the finalised Eligible Capital Rules 2011, made under section 6A of the Insurance Act 1978, whic…
Notice - Enforcement Action - Civil Penalties - Meritus Trust Company Limited (2024-12-30)Issued 2024-12-30This notice announces that the Bermuda Monetary Authority (BMA) has imposed civil penalties totalling $600,000 on Meritus Trust Company Limited, a locally…
Notice - Enforcement Action - Revocation of MSB Licence Blue Nile Services Ltd. (2024-10-31)Issued 2024-10-31This is a public notice from the Bermuda Monetary Authority announcing that it has revoked the money service business (MSB) licence of Blue Nile Services…
Notice - Enforcement Action - Sagehi Equity Fund Ltd. (2025-05-09)Issued 2025-05-09This is a public notice from the Bermuda Monetary Authority describing enforcement action taken against Sagehi Equity Fund Ltd., an institutional fund reg…
Notice - Enforcement Action - Stonebridge Capital Hedge Fund (2025-05-09)Issued 2025-05-09This is a public enforcement notice from the Bermuda Monetary Authority announcing that it petitioned the Supreme Court of Bermuda to wind up Stonebridge…
Notice - Enhanced Reporting for Limited Purpose Insurers (2014-10-08)Issued 2014-10-08This BMA notice defers the planned move to an electronic filing (e-filing) platform and revised models for limited purpose insurers' statutory financial r…
Notice - Extended Consultation Period for Draft Legislation (2011-06-27)IssuedThis notice from the Bermuda Monetary Authority extends the public consultation period for two pieces of draft insurance legislation originally issued on…
Notice - Extended Consultation Period for Draft Legislation (2011-08-08)Issued 2011-08-08This notice extends the public consultation period on two pieces of draft insurance legislation originally issued on June 27th 2011. The extension is inte…
Notice - Extension of the consultation period for Guidance Notes for Recovery Planning Requirements for Bermuda Commercial Insurers (2025-04-24)Issued 2025-04-24This is a short notice from the Bermuda Monetary Authority extending the public consultation period on its draft Guidance Notes for Recovery Planning Requ…
Notice - FSIU Bermuda Sanctions Alert Subscription Service (2025-07-30)Issued 2025-07-30This notice announces that the Bermuda Financial Sanctions Implementation Unit (FSIU) has launched a new Bermuda Sanctions Alert Subscription Service. The…
Notice - France Hailstorm Catastrophe Event 30 Jun 2022 (2022-07-26)Issued 2022-07-26This is a short industry notice from the Bermuda Monetary Authority directing certain insurers to reflect a specific catastrophe event in their upcoming q…
Notice - Guidance Note ICM - July 2015 (2015-07-17)Issued 2015-07-17This notice announces that the Bermuda Monetary Authority has updated its Guidance Note titled 'Standards and Application Framework for the Use of Interna…
Notice - INTEGRA Updated Personal Declaration Form (2025-02-19)Issued 2025-02-19This notice from the BMA's Corporate Authorisations Team reminds applicants that the updated Personal Declaration (PD) form, first introduced in a Septemb…
Notice - INTEGRA Updated Personal Declaration Form (2025-03-04)Issued 2025-03-04This is a brief clarification notice from the Bermuda Monetary Authority's Corporate Authorisations Team regarding the Personal Declaration (PD) form subm…
Notice - Information Bulletin on Waivers and Modifications to S17A (2014-04-04)Issued 2014-04-04This is an Information Bulletin issued by the Bermuda Monetary Authority explaining how it will exercise its power under Section 56 of the Insurance Act 1…
Notice - Insurance (Eligible Capital) Amendment Rules 2012 (2012-11-14)Issued 2012-11-14This is a Bermuda Monetary Authority (BMA) notice announcing a final amendment to the Insurance (Eligible Capital) Rules 2012. The amendment relaxes, on a…
Notice - Insurance (Eligible Capital) Amendment Rules 2013 (2013-10-31)IssuedThis is a Bermuda Monetary Authority notice confirming the final form of the Insurance (Eligible Capital) Amendment Rules 2013, following public consultat…
Notice - Insurance (Eligible Capital) Amendment Rules 2015 (2014-10-01)Issued 2014-10-01This notice announces the Insurance (Eligible Capital) Amendment Rules 2015, made by the Bermuda Monetary Authority under section 6A of the Insurance Act…
Notice - Insurance (Group Supervision) Amendment Rules 2012 (2012-06-19)DraftThis is a BMA consultation notice announcing draft amendments to the Insurance (Group Supervision) Rules 2011, which govern group-level solvency and gover…
Notice - Insurance (Group Supervision) Amendment Rules 2013 - Update (2013-10-31)IssuedThis is a Bermuda Monetary Authority notice confirming the final form of the Insurance (Group Supervision) Amendment Rules 2013, following the consultatio…
Notice - Insurance (Group Supervision) Rules 2012 (2012-11-14)Issued 2012-11-14This is a Bermuda Monetary Authority notice summarising industry feedback from the June 2012 consultation on the Insurance (Group Supervision) Rules and c…
Notice - Insurance (Prudential Standards) (Class 3A Solvency Requirement) Amendment Rules 2012 (2012-06-19)DraftThis is a BMA notice publishing draft amendment rules to the Insurance (Prudential Standards) (Class 3A Solvency Requirement) Rules 2011, together with th…
Notice - Insurance (Prudential Standards) (Class 3A Solvency Requirement) Amendment Rules 2012 (2012-11-14)DraftThis is a Bermuda Monetary Authority notice describing amendments to the Insurance (Prudential Standards) (Class 3A Solvency Requirement) Rules 2011, foll…
Notice - Insurance (Prudential Standards) (Class 4 and Class 3B Solvency Requirement) Amendment Rules 2011 (2011-11-14)Issued 2011-11-14This BMA notice explains and attaches the Insurance (Prudential Standards) (Class 4 and Class 3B Solvency Requirement) Amendment Rules 2011, which amend t…
Notice - Insurance (Prudential Standards) (Class C, Class D and Class E Solvency Requirement) Amendment Rules 2012 (2012-11-14)DraftThis is a BMA notice, dated 14 November 2012, that finalises housekeeping and policy amendments to the Insurance (Prudential Standards) (Class E Solvency…
Notice - Insurance (Prudential Standards) (Class C, Class D and Class E Solvency Requirement) Amendment Rules 2013 - Update (2013-10-31)IssuedThis BMA notice finalises the Insurance (Prudential Standards) (Class C, Class D and Class E Solvency Requirement) Amendment Rules 2013, following a publi…
Notice - Insurance (Prudential Standards) (Class E Solvency Requirement) Amendment Rules 2012 (2012-06-19)Issued 2012-06-19This is a BMA notice announcing draft amendments to the Insurance (Prudential Standards) (Class E Solvency Requirement) Rules 2011, extending enhanced cap…
Notice - Insurance (Prudential Standards) (Class E Solvency Requirement) Rules 2011 (2011-11-14)Issued 2011-11-14This is a Bermuda Monetary Authority notice announcing the finalised Insurance (Prudential Standards) (Class E Solvency Requirement) Rules 2011, made unde…
Notice - Insurance (Prudential Standards) (Insurance Group Solvency Requirement) Amendment Rules 2012 (2012-11-14)DraftThis is a Bermuda Monetary Authority notice summarising industry comments on, and confirming near-final proposals for, the Insurance (Prudential Standards…
Notice - Insurance (Prudential Standards) (Insurance Group Solvency Requirement) Rules 2011 (2011-11-25)DraftThis is a BMA notice accompanying draft Insurance (Prudential Standards) (Insurance Group Solvency Requirement) Rules 2011, which set out how the Bermuda…
Notice - Insurance (Prudential Standards) (Recovery Plan) Rules 2024 (2024-05-03)Issued 2024-05-03This is a notice from the Bermuda Monetary Authority (BMA) announcing that it has published the Insurance (Prudential Standards) (Recovery Plan) Rules 202…
Notice - Insurance (Prudential Standards)(Class 3A Solvency Requirement) Rules 2011 (2011-11-14)DraftThis notice from the Bermuda Monetary Authority accompanies the draft Insurance (Prudential Standards) (Class 3A Solvency Requirement) Rules 2011, which s…
Notice - Insurance (Prudential Standards)(Class 4 and Class 3B Solvency Requirement) Amendment Rules 2011 (2011-11-14)IssuedThis notice announces final amendments to the Insurance (Prudential Standards) (Class 4 and Class 3B Solvency Requirement) Rules 2008, following a 2011 ma…
Notice - Insurance (Prudential Standards)(Insurance Group Solvency Requirement) Rules 2011 (2011-11-25)Issued 2011-11-25This is a Bermuda Monetary Authority (BMA) notice announcing the Insurance (Prudential Standards) (Insurance Group Solvency Requirement) Rules 2011, which…
Notice - Insurance (Public Disclosure) Amendment Rules 2016 and Insurance (Group Supervision) Amendment Rules 2016 (2016-05-13)Issued 2016-05-13This is a notice from the Bermuda Monetary Authority confirming that final amendments to the Insurance (Public Disclosure) Rules 2015 and the Insurance (G…
Notice - Insurance - Class C, D and E - 2025 Global Financial Crisis (GFC) Stress Test (2025-05-30)Issued 2025-05-30This BMA notice announces a 2025 Global Financial Crisis (GFC) style stress test for Bermuda commercial (re)insurers, intended to gauge market resilience…
Notice - Insurance - Intermediaries - 2025 Annual Return Templates (2025-04-01)Issued 2025-04-01This notice announces that the BMA has posted the 2025 annual return templates for insurance intermediaries on its website. The forms and supporting docum…
Notice - Insurance - Long-Term - Prior Approval of New Long-Term Block Reinsurance Transactions (2025-04-02)Issued 2025-04-02This BMA Notice updates an earlier 8 April 2024 Notice on prior approval of long term block reinsurance transactions. It clarifies which transactions fall…
Notice - Insurance Account Rules Amendment 2025 - Condensed General Purpose Financial Statements - IFRS (2025-03-07)Issued 2025-03-07This notice from the Bermuda Monetary Authority announces an amendment to Rule 14 of the Insurance Account Rules to accommodate IFRS filers following the…
Notice - Insurance Accounts Amendment Regulations 2016 (2016-10-25)Issued 2016-10-25This notice from the Bermuda Monetary Authority sets out proposed minor housekeeping amendments to the Insurance Accounts Regulations, and invites public…
Notice - Insurance Act Amendment No. 2 2022 (2022-05-05)Issued 2022-05-05This is a notice from the Bermuda Monetary Authority announcing proposed amendments to the Insurance Act 1978, described as Insurance Act Amendment No. 2…
Notice - Insurance Broker and Insurance Agent Code of Conduct (draft) (2018-08-20)DraftThis is a Bermuda Monetary Authority (BMA) notice announcing that it is posting a draft Insurance Broker and Insurance Agent Code of Conduct for public co…
Notice - Insurance Code of Conduct (Revised) July 2015 (2015-07-15)Issued 2015-07-15This notice announces that the Bermuda Monetary Authority (BMA) is posting a revised version of the Insurance Code of Conduct (the Code) for information a…
Notice - Insurance Code of Conduct (revised) July 2015 (2015-07-29)IssuedThis is a Bermuda Monetary Authority notice announcing a revised Insurance Code of Conduct, posted for information and guidance. The Code sets out duties,…
Notice - Insurance Filing Extension (2020-03-18)Issued 2020-03-18This is a COVID-19 notice from the Bermuda Monetary Authority granting a one-month, fee-free extension for 2019 year-end insurance annual statutory filing…
Notice - Insurance Groups and Commercial Insurers - Q2 2026 Quarterly Financial Return Templates (2026-07-06)Issued 2026-07-06This BMA notice informs insurance groups and commercial insurers that the Quarterly Financial Return templates for the quarter ended 30 June 2026 are now…
Notice - Insurance Groups and Commercial Insurers Quarterly Financial Returns (2023-10-04)Issued 2023-10-04This is a BMA notice informing Insurance Groups and Commercial Insurers that the Quarterly Financial Return templates for the quarter ended 30 September 2…
Notice - Insurance Groups and Commercial Insurers Quarterly Financial Returns (2024-04-11)Issued 2024-04-11This is a notice from the Bermuda Monetary Authority informing insurance groups and commercial insurers that updated Quarterly Financial Return templates…
Notice - Insurance Licensing Advisory Committee (2016-11-22)Issued 2016-11-22This notice from the Bermuda Monetary Authority announces the creation of an Insurance Licensing Advisory Committee (ILAC) to review applications for insu…
Notice - Insurance Managers Annual Return Template (2018-04-11)Issued 2018-04-11This notice from the Bermuda Monetary Authority announces the posting of the updated Insurance Managers Annual Return Template for the current filing cycl…
Notice - Insurance Prudential Rules - Public Disclosures (2015-07-23)IssuedThis is a Bermuda Monetary Authority (BMA) notice announcing that draft amendments to the Insurance Prudential Rules on Public Disclosures have been poste…
Notice - Insurance Returns and Solvency Regulations 1980 Section 8(i) for 2014 Year-End Filing (2015-04-23)Issued 2015-04-23This is a short notice from the Bermuda Monetary Authority clarifying the scope of external audit review for the 2014 year end statutory filing under the…
Notice - Investing: Understanding Product Risk and Your Ability to Absorb Losses (2022-11-14)Issued 2022-11-14This is a public awareness notice from the Bermuda Monetary Authority reminding investors and the public to understand the risks of digital asset products…
Notice - Investment Funds - Annual Certification Forms Update (2021-04-23)Issued 2021-04-23This BMA notice informs investment fund operators that the Authority has updated its annual certification forms for designated overseas funds, registered…
Notice - Investment Funds Amendment Act 2023 and Updates to the Related Rules (2023-12-05)Issued 2023-12-05This BMA notice announces that amendments to the Investment Funds Act 2006, the Investment Fund Rules 2019, and the Investment Fund Offering Document Rule…
Notice - Investment Funds Q1 2022 Statistical Filing Extension (2022-04-28)Issued 2022-04-28This notice from the Bermuda Monetary Authority grants a one-month grace period for investment funds to complete their Q1 2022 NAV statistical filings, in…
Notice - Joint Provisional Liquidators of Custodian Life Limited (2025-07-02)Issued 2025-07-02This is a brief public notice from the Bermuda Monetary Authority (BMA) acknowledging a public statement issued on 1 July 2025 by the Joint Provisional Li…
Notice - Joint Stress Test Exercise with the PRA (2019-06-18)Issued 2019-06-18This notice announces a joint stress test exercise between the Bermuda Monetary Authority (BMA) and the UK's Prudential Regulatory Authority (PRA) coverin…
Notice - Material Change Notification under Section 30JA(1) of the Insurance Act 1978 (2021-08-31)Issued 2021-08-31This BMA notice explains the material change notification regime under Section 30JA(1) of the Insurance Act 1978, and provides guidance on when an insurer…
Notice - New Insurer Class - Parametric Special Purpose Insurer (2026-01-21)Issued 2026-01-21This notice from the Bermuda Monetary Authority announces that it has published a Consultation Paper proposing a new dedicated insurer class called the Pa…
Notice - Operational Cyber Risk Management Code of Conduct: Banks and Deposit Companies (2022-09-26)Issued 2022-09-26This notice from the Bermuda Monetary Authority confirms the in force date and compliance deadline for the Operational Cyber Risk Management Code of Condu…
Notice - Order of Prohibition - Mr. David Douglas King (2025-05-14)Issued 2025-05-14This is a public notice from the Bermuda Monetary Authority (BMA) announcing that it has issued an Order of Prohibition against Mr David Douglas King unde…
Notice - Payment Services Provider Regulatory Framework Discussion Paper (2025-04-15)Issued 2025-04-15This is a BMA notice announcing publication of a Discussion Paper (DP) on a proposed regulatory framework for Payment Service Providers (PSPs) in Bermuda.…
Notice - Pre-Approval Process for New Bermuda Funds (2026-03-19)Issued 2026-03-19This BMA notice announces a new streamlined Approval in Principle (AIP) process intended to speed up the establishment of new investment funds in Bermuda.…
Notice - Prior Approval of New Long-Term Block Reinsurance Transactions (2024-04-08)Issued 2024-04-08This BMA notice clarifies the Authority's existing requirement, in place since January 2023, that all new long-term block reinsurance transactions entered…
Notice - Prohibition Order - Mr Martin Pitoňák (2025-08-14)Issued 2025-08-14This notice announces that the Bermuda Monetary Authority has issued a Prohibition Order against Mr Martin Pitonak, a former director of Stonebridge Capit…
Notice - Prohibition Order – Mr Peter Pitoňák (2025-11-04)Issued 2025-11-04This is a public enforcement notice from the Bermuda Monetary Authority announcing a Prohibition Order against Mr Peter Pitoňák, a former director of Ston…
Notice - Proposed Amendment to the Life Insurance Act 1978 (2013-03-13)Issued 2013-03-13This is a notice from the Bermuda Monetary Authority (BMA) posting a proposed amendment to the Life Insurance Act 1978 for industry information and commen…
Notice - Proposed Amendments to Insurance Code of Conduct, Insurance (Group Supervision) Rules 2011 and Insurance (Prudential Standards) (Insurance Group Solvency Requirement) Rules 2011 (2026-06-09)Issued 2026-06-09This is a BMA notice announcing a Consultation Paper (CP) proposing amendments to the Insurance Code of Conduct, the Insurance (Group Supervision) Rules 2…
Notice - Proposed Enhancements to the Regulatory Regime and Fees for Commercial Insurers Update (2023-03-27)Issued 2023-03-27This is a brief BMA notice updating stakeholders on the Bermuda Solvency Capital Requirement (BSCR) templates that were originally published on 27 Februar…
Notice - Proposed Enhancements to the Regulatory Regime and Fees for Commercial Insurers – Update (2023-04-03)Issued 2023-04-03This BMA notice announces an update to the Bermuda Solvency Capital Requirement (BSCR) templates used by insurance groups and long-term insurers, specific…
Notice - Proposed Regulatory Changes to POCA AND POCR (2021-11-16)Issued 2021-11-16This notice from the Bermuda Monetary Authority relays a consultation being run by the Office of the National Anti-Money Laundering Committee (NAMLC) on p…
Notice - Prudential Rules - July 2015 (2015-07-17)Issued 2015-07-17This notice from the Bermuda Monetary Authority announces that it has finalised a package of Prudential Rules amendments for the insurance sector followin…
Notice - Prudential Rules - Public Disclosures (2015-07-23)Issued 2015-07-23This is a Bermuda Monetary Authority (BMA) notice announcing that draft amendments to two sets of prudential rules have been posted for public consultatio…
Notice - Public Consultation on the Guidance Note for Recovery Planning Requirements for Bermuda Commercial Insurers (2025-04-11)Issued 2025-04-11This is a BMA notice announcing a public consultation on a draft Guidance Note for Recovery Planning Requirements applicable to Bermuda commercial insurer…
Notice - Public Warning - Bermuda Financial Markets Commission (2025-06-20)Issued 2025-06-20This is a public warning notice from the Bermuda Monetary Authority alerting the public to a fraudulent entity calling itself the Bermuda Financial Market…
Notice - Public Warning - Blockchain Deposit Insurance Corp. (2025-03-03)Issued 2025-03-03This is a public warning notice issued by the Bermuda Monetary Authority (BMA) concerning Blockchain Deposit Insurance Corp. (BDIC), an entity described i…
Notice - Public Warning - Coinmint Bermuda Limited (2026-02-13)Issued 2026-02-13This is a public warning notice issued by the Bermuda Monetary Authority (BMA) alerting the public that Coinmint Bermuda Limited and Coinmint Bermuda Serv…
Notice - Public Warning - Fraudulent Demand for Payment (2026-07-22)Issued 2026-07-22This is a public warning notice from the Bermuda Monetary Authority alerting regulated entities and the public to a fraudulent email impersonating the BMA…
Notice - Public Warning - Fraudulent Social Media Postings Linked to BMA Capital (2025-05-19)Issued 2025-05-19This is a public warning notice issued by the Bermuda Monetary Authority alerting the public to fraudulent social media postings, including on WhatsApp, t…
Notice - Public Warning - Guardian Law Firm (2025-11-28)Issued 2025-11-28This is a public warning notice issued by the Bermuda Monetary Authority alerting the public to fraudulent letters circulated under the name Guardian Law…
Notice - Public Warning - Investment Opportunity Seminar Presentation in Bermuda on 14 July 2026 (2026-07-16)Issued 2026-07-16This is a BMA public warning notice, not a rule or regulatory instrument. It alerts the public to an unregulated investment opportunity seminar held in Be…
Notice - Public Warning - QFEX Bermuda Limited (2025-11-12)Issued 2025-11-12This is a public warning notice issued by the Bermuda Monetary Authority (BMA) concerning QFEX Bermuda Limited (QFEX), an entity operating a website that…
Notice - Public Warning - Renfrew Capital Management (2022-07-06)Issued 2022-07-06This is a public warning issued by the Bermuda Monetary Authority alerting consumers and the public that Renfrew Capital Management is not licensed to con…
Notice - Public Warning: Fraudulent Media Postings Linked to NetherexPro (2025-04-17)Issued 2025-04-17This is a public warning notice issued by the Bermuda Monetary Authority alerting the public to a fraudulent social media posting that misuses a fabricate…
Notice - Quarterly Filing Requirements - Intra-Group Transactions (2012-03-13)Issued 2012-03-13This notice from the Bermuda Monetary Authority clarifies which insurers and insurance groups are subject to quarterly filing requirements, and clarifies…
Notice - Quarterly Filing Requirements; Intra-Group Transactions (2012-03-12)IssuedThis is a clarificatory notice from the Bermuda Monetary Authority explaining which insurers and insurance groups are actually subject to existing quarter…
Notice - Rapture Global Investment Fund Ltd. (2025-11-26)Issued 2025-11-26This is a public notice from the Bermuda Monetary Authority announcing that it petitioned the Supreme Court of Bermuda to wind up Rapture Global Investmen…
Notice - Reasonableness in Licensing (2021-07-01)Issued 2021-07-01This is a brief notice from the Bermuda Monetary Authority (BMA) passing along information from the Financial Sanctions Implementation Unit. It draws stak…
Notice - Registrant Submission Reminder (COVID-19) Electronic Submissions Only (2020-07-17)Issued 2020-07-17This is a short reminder notice from the Bermuda Monetary Authority (BMA) reiterating that, during the COVID-19 period, registrants should communicate wit…
Notice - Regulatory Burden Reduction for Better Policyholder Outcomes (2026-02-19)Issued 2026-02-19This is an informational notice from the Bermuda Monetary Authority announcing a new initiative to reduce regulatory burden on insurers while aiming to st…
Notice - Results of Enhanced Reporting Trial Run for Limited Purpose Insurers (2014-02-26)Issued 2014-02-26This notice from the Bermuda Monetary Authority reports on the outcome of an electronic filing (e-filing) trial run for enhanced reporting requirements un…
Notice - Revocation of MSB Licence - Blue Nile Services Ltd. (2024-10-15)Issued 2024-10-15This is a short public notice from the Bermuda Monetary Authority announcing that it has revoked the Money Service Business (MSB) licence of Blue Nile Ser…
Notice - Richmond Corporate Services Ltd. (2024-09-26)Issued 2024-09-26This is a short public notice from the Bermuda Monetary Authority announcing that the corporate service provider licence held by Richmond Corporate Servic…
Notice - Sector Specific Guidance Notes AML-ATF- Corporate Service Provider Business (2018-05-11)Issued 2018-05-11This is a consultation notice issued by the Bermuda Monetary Authority announcing draft sector-specific AML/ATF guidance for Corporate Service Provider Bu…
Notice - Stakeholder Letter - Conduct of Business Regulatory Regime: Digital Asset Business Act 2018 Code of Practice and Client Disclosure Amendment Rules 2023 (2023-02-08)Issued 2023-02-08This is a short notice from the Bermuda Monetary Authority informing digital asset business stakeholders that it has finalised and published its response…
Notice - Stakeholder Letter Proposed Enhancements to Supervisory Powers within the Investment Funds Act 2006 (2023-06-30)Issued 2023-06-30This is a BMA notice announcing that it has finalised and published a stakeholder response letter following its April 2023 consultation on proposed enhanc…
Notice - Stakeholder Letter on Public Disclosures (2014-04-04)Issued 2014-04-04This is a stakeholder letter from the Bermuda Monetary Authority setting out its policy approach to public disclosures by (re)insurers, following its 2009…
Notice - Suspension of Sale of Circulation Currency (2023-07-13)Issued 2023-07-17This notice from the Bermuda Monetary Authority announces that, effective from the date of the notice (13 July 2023), the sale of circulation currency to…
Notice - Tahoe Life Insurance Company Limited (2024-07-26)Issued 2024-07-26This notice announces that the Bermuda Monetary Authority has commenced winding up proceedings in the Supreme Court of Bermuda against Tahoe Life Insuranc…
Notice - Targeted Enhancements to the Regulatory and Supervisory Regime (2022-12-08)Issued 2022-12-08This is an informational notice from the Bermuda Monetary Authority announcing upcoming targeted enhancements to its regulatory and supervisory regime for…
Notice - The Bermuda Monetary Authority and White Rock Bermuda Jointly Agree to Take Action to Address Alleged Fraud at Vesttoo (2023-08-18)Issued 2023-08-18This notice announces that the Bermuda Monetary Authority (BMA) and White Rock Insurance (SAC) Ltd. (White Rock Bermuda) have jointly agreed on a court-su…
Notice - Three Day Catbond Special Purpose Insurers (2021-08-20)Issued 2021-08-20This BMA notice announces a streamlined three business day registration process for Restricted Special Purpose Insurers (R-SPI) whose business model is is…
Notice - Three Day Catbond Special Purpose Insurers (2021-12-03)Issued 2021-12-03This is a short administrative notice from the Bermuda Monetary Authority's Insurance Department concerning the Three Day Catbond Special Purpose Insurer…
Notice - UPDATE - Insurance Licensing Advisory Committee (2017-05-29)Issued 2017-05-29This notice from the Bermuda Monetary Authority updates the operating procedures of the Insurance Licensing Advisory Committee (ILAC), which reviews appli…
Notice - Updated Officer and Director Personal Declaration Form (2026-01-16)Issued 2026-01-16This notice from the Bermuda Monetary Authority announces a further update to the Personal Declaration (PD) Form used for proposed director and officer ap…
Notice - Updated Personal Declaration Form for Directors and Officer Appointments under the Insurance Act 1978 and the Investment Funds Act 2006 (2025-11-26)Issued 2025-11-26This notice from the Bermuda Monetary Authority announces an updated Personal Declaration (PD) Form that must be completed for proposed director and offic…
Notice - Updated Risk Margin Calculators (2018-04-12)Issued 2018-04-12This notice from the Bermuda Monetary Authority informs relevant insurers that the Long-Term Risk Margin Calculator used for BSCR reporting for the 2017 y…
Notice - Vesttoo Alpha P&C Fund, LP (2023-12-22)Issued 2023-12-22This is a public notice from the Bermuda Monetary Authority announcing that it has revoked the registration of Vesttoo Alpha P&C Fund, LP, a Professional…
Notice - Vesttoo Alpha P&C Ltd (2023-08-08)Issued 2023-08-08This is a short public notice from the Bermuda Monetary Authority announcing that it has petitioned the Supreme Court of Bermuda to place Vesttoo Alpha P&…
Notice - Winding Up - Yew Tree Investments Limited (2026-06-30)Issued 2026-06-30This is a public notice from the Bermuda Monetary Authority (BMA) announcing that it petitioned the Supreme Court of Bermuda to wind up Yew Tree Investmen…
Notice - Winding up - British Steamship Protection and Indemnity (Bermuda) Limited (2023-02-27)Issued 2023-02-27This is a public notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up British Ste…
Notice - Winding up - General Professional Indemnity Ltd (2022-10-12)Issued 2022-10-12This notice from the Bermuda Monetary Authority announces that it successfully petitioned the Supreme Court of Bermuda to wind up General Professional Ind…
Notice - Winding up - Greins Global (2021-04-20)Issued 2021-04-20This is a public notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up Greins Glob…
Notice - Winding up - The Wine Investment Fund Limited (2023-03-06)Issued 2023-03-06This is a public notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up The Wine In…
Notice Amendment of Statement of Principles (2012-12-13)Issued 2012-12-13This notice announces and republishes the Bermuda Monetary Authority's amended Statement of Principles under the Proceeds of Crime (Anti-Money Laundering…
Notice E-SFR 2016 SPI Filings (2016-07-21)Issued 2016-07-21This notice from the Bermuda Monetary Authority follows up on a February 2016 notice and confirms that Special Purpose Insurers (SPIs) must file their ann…
Notice Insurance (Prudential Standards) (Class C, Class D and Class E Solvency Requirement) Amendment Rules 2012 (2012-11-14)Issued 2012-11-14This is a Bermuda Monetary Authority notice announcing final amendments to the Insurance (Prudential Standards) (Class E Solvency Requirement) Rules 2011,…
Notice for consultation General Guidance AML/ATF (2021-07-14)Issued 2021-07-14This is a consultation notice issued by the Bermuda Monetary Authority (BMA) inviting industry comment on a revised version of its Guidance Notes for Anti…
Notice for consultation Guidance Notes CSP AML/ATF (2021-07-14)Issued 2021-07-14This is a notice from the Bermuda Monetary Authority (BMA) opening a consultation on draft Annex VI Sector-Specific Guidance Notes for Corporate Service P…
Notice for consultation Guidance Notes Securities AML/ATF (2021-07-14)Issued 2021-07-14This notice from the Bermuda Monetary Authority opens a public consultation on a draft Annex III Sector-Specific Guidance Notes for the Securities Sector,…
Notice on 2022 Legislative Changes: Insurance Amendment No.1 Act 2022 and Insurance (Prudential Standards) Amendment Rules 2022 (2021-12-16)IssuedThis is a Bermuda Monetary Authority (BMA) notice announcing proposed legislative changes to Bermuda's insurance regulatory framework: the Insurance Amend…
Notice to Industry on AML/ATF Regulated Activities - Interpretative Note (2018-12-06)Issued 2018-12-06This BMA notice explains an amendment to the definition of 'AML/ATF regulated financial institution' under the Proceeds of Crime Act 1997. A new paragraph…
Notice to Regulated Entities on Delegation of Governor's Functions for Sanctions (2018-09-25)Issued 2018-09-25This notice informs Regulated Financial Institutions (RFIs) in Bermuda that the Governor's functions relating to International Sanctions have been delegat…
Notice to the Public - Exchange Control Act 1972 (2005-06-01)Issued 2005-06-01This notice from the Bermuda Monetary Authority sets out general permissions under the Exchange Control Act 1972 and its Regulations for the issue and tra…
Notice – Consultation Paper – Proposed Enhancements to the Regulatory Regime for Commercial Insurers: Revised Draft Rules and Guidance Notes (2023-09-08)Issued 2023-09-08This is a BMA notice accompanying the second version of a consultation paper (CP2) on proposed enhancements to the regulatory regime for commercial insure…
Notice – Consultation Paper – Proposed Enhancements to the Regulatory Regime for Commercial Insurers: Revised Draft Rules and Guidance Notes (2023-09-22)Issued 2023-09-22This is a BMA notice announcing publication, for consultation, of revised draft rules and guidance notes implementing proposed enhancements to Bermuda's r…
Notice – Discussion Paper – Disclosure of Climate Change Risks for Commercial Insurers (2023-09-27)Issued 2023-09-27This notice announces a Discussion Paper (DP) issued by the BMA seeking industry feedback on proposed public disclosure requirements for climate change ri…
Notice – Prohibition Order – Mr. Joakim Samuelsson (2026-03-27)Issued 2026-03-27This is a public notice from the Bermuda Monetary Authority (BMA) announcing that it has issued an indefinite prohibition order against Mr. Joakim Samuels…
Notice – Updated Insurance Code of Conduct (2022-08-31)Issued 2022-08-31This BMA notice announces that the finalised, updated Insurance Code of Conduct has been published and takes effect immediately, following public consulta…
Notice – Users of INTEGRA® – Introduction of SubmIT for Investment Funds Act 2006 Submissions (2026-04-13)Issued 2026-04-13This is an advance notice from the Bermuda Monetary Authority informing users of the INTEGRA platform that a new regulatory filing system, SubmIT, will be…
Notice-Amendment to Corporate Service Provider Business Act 2012 (2017-05-23)Issued 2017-05-23This is a notice from the Bermuda Monetary Authority announcing a proposed amendment to Section 10(5)(b) of the Corporate Service Provider Business Act 20…
Notice-BSCR Update Proposal-Updated Timelines (2017-04-13)IssuedThis notice from the Bermuda Monetary Authority updates the timeline for its Bermuda Solvency Capital Requirement (BSCR) Update Proposal, which was first…
Notice-Insurance Managers Annual Return Template (2017-02-06)Issued 2017-02-06This notice from the Bermuda Monetary Authority announces the publication of the Insurance (Prudential Standards)(Insurance Managers Annual Return) Rules…
Notice: Capital Management of Bermuda Ltd (2020-08-28)Issued 2020-08-28This is a public notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up Capital Man…
Notice: Excelsior Insurance Ltd (2020-08-28)Issued 2020-08-28This is a public notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up Excelsior I…
Notice: Northstar Financial Services (Bermuda) Ltd (2020-10-01)Issued 2020-10-01This is a public notice issued by the Bermuda Monetary Authority (BMA) announcing that it has commenced winding up proceedings against Northstar Financial…
Notice: Omnia (2020-10-01)Issued 2020-10-01This is a short public notice from the Bermuda Monetary Authority announcing that it has commenced winding up proceedings against Omnia Ltd. in the Suprem…
Notice: PB Life and Annuity Co. Ltd. (2020-10-01)Issued 2020-10-01This is a notice from the Bermuda Monetary Authority (BMA) announcing that it has commenced winding up proceedings against PB Life and Annuity Co. Ltd. in…
Order of Prohibition - Mr David Douglas King (2025-05-14)Issued 2025-05-14This is a public enforcement notice from the Bermuda Monetary Authority announcing that it has issued a three year Prohibition Order against Mr David Doug…
Order of Prohibition - Mr Martin Pitoňák (2025-08-14)Issued 2025-08-14This is a public enforcement notice from the Bermuda Monetary Authority announcing a Prohibition Order issued against Mr Martin Pitoňák, a former director…
Order of Prohibition - Mr Peter Pitoňák (2025-11-04)Issued 2025-11-04This is a public enforcement notice from the Bermuda Monetary Authority announcing a Prohibition Order issued against Mr Peter Pitoňák under section 67E o…
Order of Prohibition - Mr. Joakim Samuelsson (2026-03-27)Issued 2026-03-27This is a public enforcement notice from the Bermuda Monetary Authority announcing that it has issued a prohibition order against Mr. Joakim Samuelsson un…
Order of Prohibition - Mr. Joakim Samuelsson (2026-04-20)Issued 2026-04-20This notice announces that the Bermuda Monetary Authority has issued a prohibition order against Mr Joakim Samuelsson under section 32H of the Insurance A…
PUBLIC ALERT - ROYAL INVESTMENT CONSORTIUM (2023-04-21)Issued 2023-04-21This is a public warning issued by the Bermuda Monetary Authority (BMA) about Royal Investment Consortium, an entity claiming it can form offshore compani…
PUBLIC ALERT - THINK MARKETS/THINK CAPITAL (2021-09-07)Issued 2021-09-07This is a public alert issued by the Bermuda Monetary Authority (BMA) clarifying that ThinkMarkets/Think Capital Limited falsely claimed in a 17 August 20…
PUBLIC WARNING - BITZELEX GLOBAL (BERMUDA) LTD (2024-01-18)Issued 2024-01-18This is a public warning notice issued by the Bermuda Monetary Authority (BMA) alerting the public that Bitzelex Global (Bermuda) Ltd is not licensed by t…
PUBLIC WARNING – QS INTERNATIONAL LIMITED (2020-06-12)Issued 2020-06-12This is a public warning notice issued by the Bermuda Monetary Authority alerting the public that QS International Limited, operating via the website www.…
Press Release - Bermuda Monetary Authority Legacy Banknote Campaign (2022-11-09)Issued 2022-11-09This is a Bermuda Monetary Authority press release announcing the final year of its campaign to remove legacy horizontal Bermuda Dollar banknotes from cir…
Prohibition Order - Mr. Nicholas Mark Cooke (2022-02-02)Issued 2022-02-02This is a press release from the Bermuda Monetary Authority announcing that it has issued a Prohibition Order against Mr. Nicholas Mark Cooke under Sectio…
Public Censure - Blue Nile Services Limited (2020-09-21)Issued 2020-09-21This is a press release in which the Bermuda Monetary Authority (BMA) publicly censures Blue Nile Services Limited, a money service business provider, for…
Public Warning - Bermuda Financial Markets Commission (2025-06-20)Issued 2025-06-20This is a public warning notice issued by the Bermuda Monetary Authority (BMA) alerting the public to a fraudulent website operating under the name Bermud…
Public Warning - Bitzelex Global (Bermuda) Ltd. (2024-01-18)Issued 2024-01-18This is a public warning issued by the Bermuda Monetary Authority alerting the public that Bitzelex Global (Bermuda) Ltd is not licensed by the BMA, despi…
Public Warning - Fraud Alert: Social Media Post Falsely Linked to BMA - Certificate of Conversion (2021-02-10)Issued 2021-02-10This is a public fraud alert issued by the Bermuda Monetary Authority warning that a fake document called a Certificate of Converting is circulating in ta…
Public Warning: Blockchain Deposit Insurance Corp. (2025-03-03)Issued 2025-03-03This is a public warning notice issued by the Bermuda Monetary Authority (BMA) concerning Blockchain Deposit Insurance Corp. (BDIC), an entity that online…
Public Warning: Coinmint Bermuda Limited (2026-02-13)Issued 2026-02-13This is a public warning notice issued by the Bermuda Monetary Authority (BMA) alerting the public that Coinmint Bermuda Limited and Coinmint Bermuda Serv…
Public Warning: Fraudulent Social Media Postings Linked to BMA Capital (2025-05-19)Issued 2025-05-19This is a public warning notice issued by the Bermuda Monetary Authority (BMA) alerting the public to fraudulent social media postings, including on Whats…
Public Warning: Phishing Attempts from Individuals Misrepresenting the BMA (2024-10-01)Issued 2024-10-01This is a public warning notice issued by the Bermuda Monetary Authority (BMA) alerting the public to a phone phishing (vishing) scam in which a caller fa…
Public Warning: Phishing Attempts on Bermuda Financial Services Licensees (2024-05-09)Issued 2024-05-09This is a public press release from the Bermuda Monetary Authority warning that fraudulent emails impersonating the BMA (using addresses such as complianc…
Public Warning: QFEX Bermuda Limited (2025-11-12)Issued 2025-11-12This is a public warning notice issued by the Bermuda Monetary Authority (BMA) alerting the public that QFEX Bermuda Limited is not licensed or registered…
Reminder: Annual Insurance Fees Due 31 March (2019-06-24)Issued 2019-06-24This is a reminder notice from the Bermuda Monetary Authority to entities regulated under the Insurance Act 1978 that Annual Business Fees are due on or b…
Reminder: Insurance Brokers and Agents to File Annual Return by 30 June (2019-06-24)Issued 2019-06-24This is a reminder notice from the Bermuda Monetary Authority (BMA) that insurance brokers and insurance agents must file their Annual Return by 30 June 2…
Report to Industry - Consultation Paper on the Enhanced Reporting Requirements for Limited Purpose Insurers (2012-05-28)IssuedThis is a Report to Industry issued by the Bermuda Monetary Authority responding to comments received on its earlier consultation paper on enhanced report…
Response to Industry Comments - GN Actuary's Opinion on EBS Technical Provisions (2017-12-07)IssuedThis is a Bermuda Monetary Authority (BMA) notice responding to industry comments received on its Consultation Paper proposing updates to the Guidance Not…
Revocation - Vesttoo Alpha P&C Fund, LP (2023-12-22)Issued 2023-12-22This is a public enforcement notice from the Bermuda Monetary Authority (BMA) announcing that it has revoked the registration of Vesttoo Alpha P&C Fund, L…
Revocation of Licence - Blue Nile Services Ltd. (2024-10-15)Issued 2024-10-15This is a short public notice from the Bermuda Monetary Authority announcing that the money service business licence held by Blue Nile Services Ltd. has b…
Revocation of Licence - Blue Nile Services Ltd. (2024-10-31)Issued 2024-10-31This is a public enforcement notice from the Bermuda Monetary Authority announcing that it has revoked the money service business (MSB) licence of Blue Ni…
Revocation of Licence - Phoenix Law Chambers (2020-12-22)Issued 2020-12-22This is a public enforcement notice from the Bermuda Monetary Authority announcing that it has revoked the corporate service provider licence of Phoenix L…
Revocation of Licence - Richmond Corporate Services Ltd (2024-09-26)Issued 2024-09-26This is a short public notice from the Bermuda Monetary Authority announcing that it has revoked the licence of Richmond Corporate Services Ltd under the…
Smart Investor Tip List World Investor Week 2018 (2018-09-20)Issued 2018-09-20This is a public awareness notice issued by the Bermuda Monetary Authority (BMA) in connection with World Investor Week 2018, an IOSCO-led global campaign…
Stakeholder Letter - Consultation Paper - Amendments to the Third Schedule of the Banks and Deposit Companies Act 1999 (2022-05-18)IssuedThis is a stakeholder feedback letter from the Bermuda Monetary Authority (BMA) following its August 2020 Consultation Paper on amending the Third Schedul…
Stakeholder Letter - Consultation Paper - Corporate Service Provider (CSP) Business Rules 2025 (2025-10-16)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority (BMA) responding to industry feedback received during the consultation on the new Corpora…
Stakeholder Letter - Consultation Paper - Digital Asset Business Single Currency Pegged Stablecoins (SCPS) Guidance (2024-12-03)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority summarising the feedback received on its May 2024 draft Guidance for Digital Asset Busine…
Stakeholder Letter - Consultation Paper - Proposed Payment Services Act (2025-11-19)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority summarising industry feedback on its August 2025 Consultation Paper on a proposed Payment…
Stakeholder Letter - Consultation Paper - Proposed recovery planning rules for Bermuda commercial insurance sector (2023-10-25)IssuedThis is a BMA stakeholder letter responding to industry feedback on its May 2023 Consultation Paper on proposed recovery planning Rules for Bermuda's comm…
Stakeholder Letter - Consultation Paper - Recovery Planning (2022-10-11)IssuedThis is a Bermuda Monetary Authority (BMA) stakeholder letter responding to industry feedback on its June 2022 Consultation Paper proposing a new recovery…
Stakeholder Letter - Consultation Paper on Amendments to Digital Asset Business Act 2018 (2019-09-13)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority (BMA) responding to comments received on its consultation paper proposing amendments to t…
Stakeholder Letter - Consultation Paper on Group Actuary's Opinion (GAO) Guidance Note (2014-01-24)IssuedThis is a BMA stakeholder letter summarising feedback received on the draft Group Actuary's Opinion (GAO) Guidance Note and setting out resulting amendmen…
Stakeholder Letter - Consultation Paper on IAIG Definition (2021-02-25)IssuedThis is a stakeholder feedback letter from the Bermuda Monetary Authority summarising comments received on its December 2020 consultation paper proposing…
Stakeholder Letter - Consultation Paper: Conduct of Business Regulatory Regime: Digital Asset Business (2023-02-08)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority summarising industry feedback on its October 2022 Consultation Paper concerning a Conduct…
Stakeholder Letter - Discussion Paper on the Responsible Use of Artificial Intelligence in Bermuda's Financial Services Sector (2026-02-09)IssuedThis is a stakeholder feedback letter from the Bermuda Monetary Authority following its July 2025 Discussion Paper on the Responsible Use of Artificial In…
Stakeholder Letter - Feedback from Discussion Paper on Asset Tokenisation (2026-03-30)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority summarising feedback received on its November 2025 Discussion Paper on Asset Tokenisation…
Stakeholder Letter - Feedback from the Consultation Paper on Sustainability-Related Investment Disclosures (2026-04-01)IssuedThis is a stakeholder feedback letter from the Bermuda Monetary Authority summarising responses to its September 2025 Consultation Paper on introducing su…
Stakeholder Letter - Insurance (Prudential Standards) (Solvency Requirement) Amendment Rules 2014 (2014-10-09)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority (BMA) summarizing feedback received on draft amendment rules to the Insurance (Prudential…
Stakeholder Letter - Prudential Standard Amendments 2016 (2016-10-24)IssuedThis is a short stakeholder letter from the Bermuda Monetary Authority (BMA) following up on proposed amendments to the Insurance Prudential Standards Rul…
Stakeholder Letter - Revisions to the Insurance Code of Conduct (2022-08-26)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority (BMA) responding to industry feedback on its Consultation Paper proposing revisions to th…
Stakeholder Letter for CSP Corporate Governance Policy (2016-02-09)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority summarizing industry feedback received on its 2015 consultation paper for a draft Corpora…
Stakeholder Letter on BSCR Update Proposals November 2017 and March 2018 and Associated Trial-Run Exercises (2018-07-17)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority summarising industry feedback on the November 2017 and March 2018 BSCR (Bermuda Solvency…
Stakeholder Letter on EBS Actuarial Opinions - General Business (2019-03-29)Issued 2019-03-29This is a stakeholder feedback letter from the Bermuda Monetary Authority addressed to the general business insurance market, summarising the Authority's…
Stakeholder Letter on EBS Actuarial Opinions - Long Term (2019-03-29)Issued 2019-03-29This is a feedback letter from the Bermuda Monetary Authority to insurers and actuaries on the quality of Actuarial Opinions (AOs) submitted on Economic B…
Stakeholder Letter on Findings of Trial-Run Proposed Changes to BSCR (2017-11-30)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority (BMA) reporting the results of a 2017 trial-run exercise testing proposed changes to the…
Stakeholder Letter – Consultation Paper – Updates to "Proposed Enhancements to the Regulatory Regime for Commercial Insurers" (2023-11-30)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority summarising industry feedback on its second consultation paper (CP2) on proposed enhancem…
Stakeholder Letter: Consultation Paper - Conduct of Business Regulatory Regime: Revisions to the Insurance Code of Conduct (2021-12-07)IssuedThis is a stakeholder letter from the Bermuda Monetary Authority summarising its responses to industry feedback on a Consultation Paper proposing revision…
Stakeholder Letter: Proposed Amendments for the Regulation of Investment Exchanges and Clearing Houses and Other Additional Changes to the Investment Business Act 2003 (2023-11-16)IssuedThis is a short stakeholder letter from the Bermuda Monetary Authority following up on a Consultation Paper (CP) issued 6 September 2023 on proposed amend…
The Bermuda Monetary Authority Collaborates With Lloyd's (2024-03-14)Issued 2024-03-14This is a press release announcing a collaboration between the Bermuda Monetary Authority and Lloyd's aimed at fostering innovation and improving educatio…
UNLICENCED COMPANY - RENFREW CAPITAL MANAGEMENT (2022-07-06)Issued 2022-07-06This is a public warning notice issued by the Bermuda Monetary Authority (BMA) alerting the public that Renfrew Capital Management is not licensed by the…
Update to the Schedule of Cyber Risk Management (2021-12-17)IssuedThis is a notice from the Bermuda Monetary Authority updating the Schedule of Cyber Risk Management that insurers must file under Section 15A of the Insur…
WARNING - KA Trading Corporation Ltd (2017-03-13)Issued 2017-10-03This is a public warning notice issued by the Bermuda Monetary Authority (BMA) identifying KA Trading Corporation Ltd as an unauthorised firm offering inv…
WEBSITE FALSELY LINKED TO BMA - WWW.BMAFINANCIER.COM (2020-09-08)Issued 2020-09-08This is a public warning notice issued by the Bermuda Monetary Authority alerting the public that the internet domain www.bmafinancier.com has been falsel…
Warning - Mangrove Corporate Services Limited (2019-04-16)Issued 2019-04-16This is a public warning notice issued by the Bermuda Monetary Authority (BMA) alerting the public that Mangrove Corporate Services Limited is not license…
Winding Up - Anaplans Institutional Insured Credit Receivables Fund Limited (2022-02-25)Issued 2022-02-25This is a public notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up Anaplans In…
Winding Up - British Steamship Protection and Indemnity (Bermuda) Limited (2023-02-27)Issued 2023-02-27This is a public enforcement notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up…
Winding Up - Capital Management of Bermuda Ltd. (2020-08-28)Issued 2020-08-28This is a public notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up Capital Man…
Winding Up - Diversified Fund Platform Ltd. (2025-11-26)Issued 2025-11-26This is a public notice from the Bermuda Monetary Authority (BMA) confirming that it petitioned the Supreme Court of Bermuda to wind up Diversified Fund P…
Winding Up - Excelsior Insurance Ltd (2020-08-28)Issued 2020-08-28This is a public notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up Excelsior I…
Winding Up - General Professional Indemnity Ltd (2022-10-12)Issued 2022-10-12This is an enforcement notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up Gener…
Winding Up - Greins Global Ltd. (2021-04-20)Issued 2021-04-20This is a public notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up Greins Glob…
Winding Up - Northstar Financial Services (Bermuda) Ltd (2020-10-01)Issued 2020-10-01This is a public notice from the Bermuda Monetary Authority announcing that it has commenced winding up proceedings against Northstar Financial Services (…
Winding Up - Omnia Ltd (2020-10-01)Issued 2020-10-01This is a public notice from the Bermuda Monetary Authority announcing that it has commenced winding up proceedings against Omnia Ltd. in the Supreme Cour…
Winding Up - PB Life and Annuity Co. Ltd (2020-10-01)Issued 2020-10-01This is a notice from the Bermuda Monetary Authority announcing that it has commenced winding up proceedings against PB Life and Annuity Co. Ltd. in the S…
Winding Up - Rapture Global Investment Fund Ltd. (2025-11-26)Issued 2025-11-26This is a public enforcement notice from the Bermuda Monetary Authority announcing that the Supreme Court of Bermuda ordered the winding up of Rapture Glo…
Winding Up - Sagehi Equity Fund Ltd. (2025-05-09)Issued 2025-05-09This is a public enforcement notice from the Bermuda Monetary Authority announcing that the Supreme Court of Bermuda has ordered the winding up of Sagehi…
Winding Up - Stonebridge Capital Hedge Fund Limited (2025-05-09)Issued 2025-05-09This is a public enforcement notice from the Bermuda Monetary Authority (BMA) announcing that the Supreme Court of Bermuda has ordered the winding up of S…
Winding Up - The Wine Investment Fund Limited (2023-03-06)Issued 2023-03-06This is a public enforcement notice from the Bermuda Monetary Authority announcing that it successfully petitioned the Supreme Court of Bermuda to wind up…
Winding Up - Vesttoo Alpha P&C Ltd. (2023-08-08)Issued 2023-08-08This is a public notice from the Bermuda Monetary Authority announcing that it has initiated Supreme Court proceedings resulting in the appointment of Joi…
Winding Up - Yew Tree Investments Limited (2026-06-30)Issued 2026-06-30This is a public enforcement notice from the Bermuda Monetary Authority announcing that it petitioned the Supreme Court of Bermuda to wind up Yew Tree Inv…