Available for download at: http://www.bma.bm/publications/BUSINESS%20PLAN/Bermuda%20Monetary%20Authority%20Business%20Plan%202017.pdf
Some ‘highlights’ from the CEO’s Introduction:
“Enforcement will remain a critical element of our regulatory strategy, particularly in the area of Anti-Money Laundering (AML)/Anti-Terrorist Financing (ATF) and sanctions compliance. We expect to issue a revised and consolidated statement of enforcement principles by the third quarter”.
“The coming year will be a challenging one for Bermuda. I cannot say we have nothing to worry about. At times like this, it is worth remembering why some of the world’s leading corporations choose Bermuda. Our reputation as a financial centre depends on our ability to continue executing and consistently delivering supervision to the high standard expected of us“.