Hashtag: #BermudaMonetaryAuthority
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
ICO Decision On Bermuda Monetary Authority
Information Commissioner Gitanjali Gutierrez issued Decision 01/2024 in regards to the Bermuda Monetary Authority. A spokesperson said, “On 23 February 2024, Information Commissioner Gitanjali Gutierrez issued Decision 01/2024, Bermuda Monetary Authority. “In this Decision, the Applicant had made a PATI request for records relating to digital... Read more of this article
Monetary Authority Releases 2024 Business Plan
The Bermuda Monetary Authority [BMA] has released its 2024 Business Plan, stating that the “forward-looking blueprint details initiatives and projects to achieve positive outcomes and strengthen Bermuda’s regulatory framework for the upcoming year.” A spokesperson said, “Additionally, the plan highlights a continued focus on... Read more of this article
BMA Has Not Issued A Licence To Bitzelex
The Bermuda Monetary Authority advised that it has not issued a licence to Bitzelex Global [Bermuda] Ltd, adding that “any image of a licence and any corresponding claims to be licensed by the Authority are fraudulent.” A spokesperson said, “The Bermuda Monetary Authority [Authority or BMA] is aware of an image purporting to be a licence... Read more of this article
