Bermuda Monetary Authority

The BMA has released its 2023 Annual Report. Read it today via the following link: https://lnkd.in/efJHRNUd #BMAPublication #AnnualReport #BMA #Bermuda #FinancialRegulation #FinancialServicesRegulator #BermudaMonetaryAuthority

Have you ever seen money that changes in the light? You can tilt our polymer banknotes to reveal shimmering gold waves, lively fish, and a bright sun that springs to life. Shine a UV light on them to unveil vibrant hidden designs. Each note features a unique serial number and a security thread with BMA microtext, ensuring authenticity. Discover a smarter, more sustainable design that combines durability and accessibility. Curious to find out more? Visit our website today. www.bma.bm/polymernotes #Banknotes #Innovation #Sustainability #Design #Finance #Security

The BMA confirmed seven insurance registrations for the month of November, inclusive of two Class 2 insurers, a Class 3A insurer, a Class 3 insurer, a Class 1 insurer, a Collateralized insurer and a Restricted Special Purpose insurer.   To view all full summary of November's insurance registration statistics, visit our website via the following link: https://lnkd.in/dcyrEgP

#IAIS2024 Our Managing Director of Supervision, Ricardo G., had the opportunity to represent us at the IAIS Annual Conference in Cape Town, South Africa. This year's conference revolved around the theme "Licence to Operate: The Role of Insurance in Supporting Societal Resilience," featuring discussions on global insurance risks, as well as the importance of diversity, equity, and inclusion within the industry. Key projects such as the implementation of the Insurance Capital Standard (ICS) and the assessment of the Aggregation Method's comparability were also prominently discussed. We would like to express our appreciation to the IAIS for organising an enriching event. Photo provided by IAIS organisers.

Our new polymer banknotes feature a striking transparent window that reveals a beautiful underwater scene paired with a tranquil sky, engineered for clarity from every perspective. With our commitment to inclusivity, we have added unique embossed shapes: a triangle on the $2 note and a circle on the $5 note, designed to aid those with visual impairments. Visit our website for more details www.bma.bm/polymernotes #SameLookSmarterDesign #BermudaCurrency #BermudaMoney #Polymer Banknotes

We are embracing the spirit of giving! Our staff collected toys and gift cards for families in need, partnering with the Department of Child and Family Services (DCFS) to brighten the holidays for those facing challenges. With donations such as BELCO cards and Lindo’s grocery vouchers, we are delivering hope to our community. Sherrie Walker from DCFS noted, "These contributions will light up the lives of young people." Our HR Director, Mesheiah Keane, emphasised our staff's dedication to making a positive impact. Join us in celebrating compassion and generosity! Learn more about our initiatives at: https://lnkd.in/ezadnKXB. #BMAGiftDrive #SpreadJoy #CommunitySpirit #HolidaysInBermuda

Discover the stunning new polymer banknotes featuring King Charles III's effigy! Our banknotes have the same look with a smarter design. Have you seen the new polymer banknotes yet? Let us know in the comments. Visit our website for more details www.bma.bm/polymernotes #SameLookSmarterDesign #BermudaCurrency #BermudaMoney #PolymerBanknotes

The Asian Insurance Forum 2024 brought together visionaries and trailblazers, including our Chief Actuary, Jeferino dos Santos, who participated in a pivotal panel discussion that sparked deep insights into the future of global supervision. This was a vibrant hub of innovation and collaboration. Attendees left feeling inspired, armed with strategies to tackle the industry's pressing challenges head-on. Image provided by AIF organisers.

As the holiday season approaches, excitement fills the air and plans for cherished moments with family and friends begin to take shape. We are here to ensure you are informed about our holiday schedule, making it easier for you to plan your visits and inquiries. Please note our adjusted office hours during this festive period: Tuesday, 24 December 2024 – Closing at 2:00 pm  Wednesday, 25 December 2024 – Closed  Thursday, 26 December 2024 – Closed  Tuesday, 31 December 2024 – Closing at 3:00 pm  Wednesday, 1 January 2025 – Closed We extend our best wishes for a safe and pleasant holiday season.

Step into the future of insurance at the Asian Insurance Forum 2024! On 10 December, immerse yourself in a revolutionary panel discussion where our Chief Actuary, Jeferino dos Santos, will share insights on the evolving global supervisory landscape. This is your chance to engage with industry pioneers and confront the changing tides of the insurance sector. Enhance your knowledge and grow your professional connections. Register to be part of this conversation! For details, visit the AIF 2024 website.  https://aif.ia.org.hk/ #AsianInsuranceForum #FutureOfInsurance #BMA #ExpertInsights #IndustryInnovators #VirtualEvent #RegisterNow