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The Bermuda Monetary Authority

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About Our Regulators
The Bermuda Monetary Authority was established by the Bermuda Monetary Authority Act 1969 as a body corporate having perpetual succession.

A Board of seven Directors (including the Chairman) is responsible for the policy of the Authority and the general administration of its affairs and business. No director may be a member of either the House of Assembly or the Senate.

The Board, after consultation with the Minister of Finance, may establish such committees as the Board deems necessary for the purpose of advising the Authority.

The authorised capital of the Authority is BD$30 million ($9.04 million paid up as at 31 December, 1996).

 

 


 



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