The Bermuda Monetary Authority published its 2025 Business Plan, setting out its priorities for enhancing Bermuda’s regulatory framework and improving the Authority’s effectiveness and efficiency, with customer protection positioned as a core focus. The plan highlights work to advance green initiatives for investment funds and evaluate regulatory frameworks in relation to climate change, alongside support for responsible digital innovation in financial services. It also points to continued development of the resolution framework, ongoing engagement and organisational excellence initiatives, and efforts to collaborate internationally on regulatory standards, while further leveraging technology and supervisory process enhancements and pursuing more sustainable business practices across the Authority’s own operations.
Bermuda Monetary Authority 2025-01-16
Bermuda Monetary Authority publishes 2025 business plan setting priorities on climate risk, digital innovation and resolution frameworks
The Bermuda Monetary Authority released its 2025 Business Plan, prioritizing enhancements to Bermuda’s regulatory framework with a focus on customer protection. Key initiatives include advancing green investment funds, evaluating climate-related regulations, and supporting responsible digital innovation. The plan also emphasizes international collaboration, technological advancements, and sustainable practices within the Authority.