Bermuda Monetary Authority

Bermuda Monetary Authority

Logo
Headquarters	Hamilton, Bermuda
Established	20 February 1969 (1969-02-20)
Chairman	Donald Scott
Central bank of	Bermuda
Currency	Bermudian dollar BMD (ISO 4217)
Website	www.bma.bm

The Bermuda Monetary Authority (the Authority) is the integrated regulator of the financial services sector in Bermuda. It is not a central bank, and does not provide lender of last resort facilities.

Established under the Bermuda Monetary Authority Act 1969, the Authority supervises, regulates and inspects financial institutions operating from within the jurisdiction. It also issues the Bermudian dollar, manages exchange control transactions; assists other authorities in Bermuda with the detection and prevention of financial crime; and advises the Government and public bodies on banking and other financial and monetary matters.

The Authority develops risk-based financial regulations that it applies to the supervision of Bermuda's banks, trust companies, investment businesses, investment funds, fund administrators, money service businesses and insurance companies. It also licenses companies and regulates the Bermuda Stock Exchange.

See also

• Bermudian dollar
• Economy of Bermuda
• Securities commission
• List of central banks

External links

• Bermuda Monetary Authority

• v
• t
• e

Bermuda articles

History

Hurricane strikes Railway Sloop
Colonisation	London Company Sea Venture George Somers Somers Isles Company
Military	Bermuda Base Command (World War II) Militias 1612–1687 1687–1813 1813 North American Station RAF in Bermuda during World War II USN Submarine Base, Ordnance Island Volunteer/Territorial Army Units 1895–1965

Geography

Bermuda Triangle Bermuda Institute of Ocean Sciences (BIOS) Islands National Trust Sargasso Sea Spittal Pond Environment Flora Bermuda onion (cultivated) Casuarina (invasive) Cassine laneana Juniperus bermudiana Lilium longiflorum (cultivated) Sabal bermudana Sisyrinchium bermudiana Fauna Bermuda land snail Bermuda petrel Bermuda rock skink Common ground dove Eastern bluebird Gray catbird Great kiskadee Humpback whale Mourning dove Northern cardinal White-eyed vireo White-tailed tropicbird Yellow-crowned night heron

Schools

State	Berkeley Institute Cedarbridge Academy
Independent	Bermuda HS Bermuda Institute Saltus Grammar School Warwick Academy
Tertiary	Bermuda College

Politics

British Overseas Territories Elections Governor Law enforcement LGBT rights Parliament Political parties Premiers

Economy

ACE Ltd. Bermudian dollar (currency) Butterfield Bank Electricity HSBC Bank Bermuda Industrial Union Monetary Authority Public Services Association Stock Exchange Transport XL Capital

Society

Places Places of interest The Causeway The Fairmont Hamilton Princess Government House Hamilton, Bermuda Lighthouses Royal Naval Dockyard Somerset Bridge Victoria Park, Hamilton Communications Bermuda Broadcasting Company Newspapers Postal codes TV stations
Culture	Architecture Bermudian English Coat of arms Cuisine Gombey Kites Music Public holidays Shorts Sports and recreation
Religion	Anglican Church of Bermuda Cathedral of the Most Holy Trinity Roman Catholic Diocese of Hamilton in Bermuda Cathedral of Saint Theresa of Lisieux

• Outline
• Index

• Category

This bank and insurance-related article is a stub. You can help Wikipedia by expanding it.

• v
• t
• e

This Bermuda-related article is a stub. You can help Wikipedia by expanding it.

• v
• t
• e