Hashtag: #BermudaMonetaryAuthority
BMA Gift Drive Brings Holiday Cheer To Families
A staff gift drive at the Bermuda Monetary Authority has collected just over 150 toys and more than $10,500 in gift card vouchers, bringing holiday cheer and much-needed help to children and families in need. A spokesperson said, “Gift cards included vouchers for BELCO, Lindo’s Market, The Marketplace and Gibbons Company to help families with groceries,... Read more of this article
BMA Reports 43 New Registrations In 2024
The Bermuda Monetary Authority [BMA] published its October 2024 licensing statistics, reporting 43 new insurance registrations. A Government spokesperson said, “The Bermuda Monetary Authority [BMA] has published its licensing statistics for October 2024, showcasing continued positive performance and steady growth in the island’s insurance sector. “In... Read more of this article
Applications Open For Lloyd’s Lab Cohort 14
The Bermuda Monetary Authority announced that applications are now open for Cohort 14 of the award-winning flagship Lloyd’s Lab Accelerator Programme, which will feature Bermuda-focused solutions under the theme ‘Shaping the Future of Reinsurance in Bermuda’. A spokesperson said, “This focus solidifies the mutual commitment... Read more of this article
BMA To Unveil New $2 & $5 Polymer Banknotes
The Bermuda Monetary Authority announced “new $2 and $5 banknotes printed by De La Rue on Safeguard polymer substrate, a thin, flexible plastic material, will enter circulation this fall.” A spokesperson said, “Aimed at educating the general public about the new banknotes, the “Same look, Smarter design” campaign is set to begin... Read more of this article
BMA Advisory: Website With Fraudulent Info
The Bermuda Monetary Authority [BMA] is advising the public of a website which contains “fraudulent information.” A spokesperson said, “The Bermuda Monetary Authority [Authority or BMA] has been made aware of a website which contains fraudulent information: https://www.stillmancriptobrazil.com/ “The Authority notes that Stillman Crypto... Read more of this article
BMA Hosts Third Annual Community Day
On October 3, the Bermuda Monetary Authority hosted its third annual Community Day, with over 200 staff volunteering for five charities in activities such as gardening and beach cleanup. A spokesperson said, “The Bermuda Monetary Authority [Authority or BMA] participated in its third annual Community Day event on Thursday, 3 October. This employee-led... Read more of this article
Investor Week Kicks Off With BMA’s Campaign
The Bermuda Monetary Authority kicked off its eighth World Investor Week, focusing on investor education, protection, and financial literacy from October 7-13, 2024. A spokesperson said, “The eighth annual celebration of World Investor Week started today with a public education campaign dedicated to raising awareness about the importance of investor... Read more of this article
Monetary Authority & FSRA Sign MoU
The Bermuda Monetary Authority [BMA] and the Financial Services Regulatory Authority [FSRA] of the Abu Dhabi Global Market [ADGM] announce the signing of a joint Digital Assets Memorandum of Understanding [MoU]. A spokesperson said, “The MoU creates a framework enabling the collaboration between the BMA and the FSRA to support the establishment... Read more of this article
Lloyd’s & Bermuda Monetary Authority MoU
Lloyd’s announced a Memorandum of Understanding [MoU] with the Bermuda Monetary Authority [BMA]. A spokesperson said, “Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has today announced the signing of a Memorandum of Understanding [MoU] with the Bermuda Monetary Authority committing to working collaboratively to... Read more of this article
BMA Warn About Email Phishing Attempts
The Bermuda Monetary Authority [BMA] said they have been “made aware of several e-mail phishing attempts targeting Bermuda-based financial services licensees registered with the Authority.” A spokesperson said, “The e-mails appear to be coming from false Bermuda Monetary Authority e-mail addresses or private e-mail accounts. “The fraudulent... Read more of this article
Monetary Authority To Collaborate With Lloyd’s
The Bermuda Monetary Authority [BMA] along with Lloyd’s, have “committed to jointly developing an initiative for closer collaboration and alignment between the world’s two major [re]insurance hubs.” A spokesperson said, “The initial focus will be on improving access to education academies and innovation through the Lloyd’s Lab and... Read more of this article
BMA Aim To ‘Inspire Inclusion’ On Women’s Day
Today, on International Women’s Day [IWD], the women of the Bermuda Monetary Authority are “standing strong together to #InspireInclusion.” A spokesperson said, “Women play a prominent role in the BMA’s labour force, with a growing number serving in senior positions and strong representation on the Board of Directors. In 2024,... Read more of this article
