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The Bermuda Monetary Authority (BMA) is an independent regulator of Bermuda's financial services sector, ... Direct employment in the tourism industry (5,700 jobs in ...
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 ...
Banking Commission of the West African Monetary Union (CB-UMOA) ; Financial Markets Authority of the West African Monetary Union (AMF-UMOA) ; Regional Insurance Control Commission (CRCA) Bermuda: Bermuda Monetary Authority: Bhutan: Royal Monetary Authority of Bhutan: Bolivia: Autoridad de Supervisión del Sistema Financiero (ASFI) Bosnia and ...
Bermuda is an associate member of CARICOM. Bermuda's economy is based on offshore insurance and reinsurance, and tourism, the two largest economic sectors. [1] [2] Bermuda had one of the world's highest GDP per capita for most of the 20th century [3] and several years beyond. Recently, its economic status has been affected by the global recession.
He is an independent, non-executive Director of Mount Logan Re, a Bermuda-based reinsurance firm, [5] and in the spring of 2024, after the Bermuda Monetary Authority appointed a Special Committee of independent Directors to address problems at 777 Re, he was approved by the Bermuda Monetary Authority as an Independent Director and member of the ...
In Delaware, federal prosecutors indicted two men they believed were at the heart of the fraud, writing in a court filing that investigators tracked $7.5 million in money transfers from Bermuda to ...
Butterfield, officially The Bank of N. T. Butterfield & Son Limited, is a financial services company founded and headquartered in Bermuda.It provides services to clients from Bermuda, the Cayman Islands, Guernsey and Jersey, where its principal banking operations are located, and The Bahamas, Switzerland, Singapore and the United Kingdom, where it offers specialized financial services.
The Bermuda Stock Exchange (BSX), established in 1971, [2] is located in Hamilton, Bermuda. The stock exchange 's 2010 'Year End Review' report stated that its aggregate market capitalisation (excluding mutual funds) stood at US$319 billion.