Bermuda Monetary Authority

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.

A world leading re-insurance hub and a popular offshore jurisdiction, Bermuda is generally considered a mature jurisdiction with robust financial and regulatory environment. However, the regulator faces multiple accusations of corruption and is involved in numerous legal battles.