Smart Investor Tip List World Investor Week 2018 (2018-09-20)

Summary

This is a public awareness notice issued by the Bermuda Monetary Authority (BMA) in connection with World Investor Week 2018, an IOSCO-led global campaign promoting investor education and protection. It contains a 'Smart Investor' tip list aimed at helping members of the public make informed investment decisions and does not create any new regulatory requirements for licensees.

• Verify that an investment professional is licensed by the BMA via www.bma.bm before dealing with them
• Confirm that anyone carrying on investment business in or from Bermuda holds an Investment Business licence unless exempted
• Research non-Bermuda based advisers through the websites of other regulators
• Check the background of investment professionals and conduct due diligence on products
• Assess fees, understand investment risk, and avoid get-rich-quick or can't-lose schemes
• Recognise the value of diversification, long-term investing, and compound interest
• Exercise caution with online or digital investment platforms and avoid investing based solely on celebrity endorsements

World Investor Week 2018 ran from 1 to 7 October 2018 as a global campaign; the notice itself imposes no filing, reporting, or compliance obligations on regulated entities.

Deadlines

• 1 - 7 October 2018: World Investor Week 2018 campaign period referenced in the notice