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FinTech Bermuda Proposed Legislation

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Understanding the updates in Bermudas new licensing regime for Digital Identity Service Providers

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Bermuda's proposed new licensing regime for digital identity service providers (DISPs) has been further refined and updated, with five licensable activities reduced to two. The development of the DISP regime commenced...more

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The BMA invites feedback on proposed Payment Services Provider regulatory framework

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The Bermuda Monetary Authority ("BMA") proposes a new Payments Services Act ("PSA") to replace the Money Service Business Act 2016 to establish a clear, risk-based framework for Payment Service Providers ("PSPs") operating in...more

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