Hashtag: #BermudaMonetaryAuthority
BMA Earns Awards For Sustainability & Design
The Bermuda Monetary Authority [BMA] earned LEED certification and two global awards for its sustainable headquarters and new high-security banknotes. A spokesperson said, “Today the BMA announced it has received multiple international recognitions by earning the prestigious LEED certification in green building design for BMA House, as well as... Read more of this article
BMA Acknowledges Custodian Life Statement
The Bermuda Monetary Authority has acknowledged a July 1 statement by the Joint Provisional Liquidators of Custodian Life Limited, which has been under Court-Ordered Provisional Liquidation since November 2024. A spokesperson said, “The Bermuda Monetary Authority [Authority and BMA] is aware of a public statement issued on 1 July 2025 by the Joint... Read more of this article
BMA Warns Public Of Fraudulent Website
The Bermuda Monetary Authority [BMA] is warning the public of “an organisation referring to itself as the Bermuda Financial Markets Commission,” saying that “no such organisation exists in Bermuda.” A spokesperson said, “The Bermuda Monetary Authority has been made aware of an organisation referring to itself as the Bermuda... Read more of this article
BMA & Lloyd’s Mark Cohort 14 Success
The Bermuda Monetary Authority and Lloyd’s have marked the conclusion of Cohort 14 of the latest award-winning Accelerator programme at a landmark event in Bermuda on June 12th at the Hamilton Princess & Beach Club. A spokesperson said, “The BMA and Lloyd’s collaborated on the event to bring industry leaders and innovators together with... Read more of this article
Premier Burt On 2024 BMA Annual Report
Premier and Minister of Finance David Burt tabled the 2024 Annual Report of the Bermuda Monetary Authority in the House of Assembly today [May 30]. The Premier said, “With regard to the banking sector, consolidated assets remained unchanged at $23.7 billion in 2024. Investments retained the largest share of total assets at 53%, followed by loans... Read more of this article
BMA Warns Of Fraudulent Social Post
The Bermuda Monetary Authority [BMA] is warning the public about a fraudulent social media post. A spokesperson said, “The Bermuda Monetary Authority [BMA] has been made aware of a posting appearing on social media, including WhatsApp, in which someone claiming to be BMA Capital makes false claims about the Authority. “The Authority notes that the... Read more of this article
$5 Note Voted ‘Bank Note of the Year Award’
Bermuda’s $5 note has earned the International Bank Note Society’s ‘Bank Note of the Year Award,’ with the organization noting that “almost from the onset of voting the Bermuda $5 note was the overwhelming favorite.” The organization said, “The International Bank Note Society [IBNS] announces that its voting... Read more of this article
BMA Celebrates 2025 International Women’s Day
On the eve of 2025 International Women’s Day the Bermuda Monetary Authority said they are ‘united in their vision for a more inclusive world.’ A spokesperson said, “Today, on the eve of International Women’s Day [IWD] 2025, the women of the Bermuda Monetary Authority [Authority or BMA] are united in their vision for a more inclusive... Read more of this article
BMA: BDIC Not Registered In Bermuda
The Bermuda Monetary Authority has clarified that the Blockchain Deposit Insurance Corp [BDIC] is “not licensed or registered by the Authority to conduct any regulated activity in or from within Bermuda.” A spokesperson said, “The Bermuda Monetary Authority [Authority] is aware of a number of articles published on several websites... Read more of this article
Monetary Authority Release 2025 Business Plan
The Bermuda Monetary Authority has released its Business Plan for 2025. A spokesperson said, “This plan outlines the BMA’s commitments to enhancing Bermuda’s regulatory framework in the coming year and emphasises the continued goal of ensuring that the Authority operates as an effective and efficient organisation. “Several notable... Read more of this article
BMA Levies Civil Penalties On Meritus Trust
The Bermuda Monetary Authority [BMA] has levied civil penalties totalling $600,000 on Meritus Trust Company Limited. A spokesperson said, “The Bermuda Monetary Authority [BMA] has levied civil penalties totalling $600,000 on Meritus Trust Company Limited [Company], a local entity licensed under: The Trusts [Regulation of Trust Business] Act 2001... Read more of this article
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
