Fund administrators to be licensed by Bermuda as regulation is reviewed

Bermuda is looking to extend the scope of its regulatory powers over fund administrators, requiring them to be licensed for the first time.

A new standalone legislation is expected to be enacted by the summer 2003, which will allow the Bermuda authorities to vet administrators more extensively than is currently applied as well as test their money laundering procedures.

Speaking at the Bermuda International Business Association dinner in Bermuda on 28 October, chairman of the Bermuda Monetary

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here