Bermuda Monetary Authority - Annual Report 2005

According to the Bermuda Monetary Authority's Annual Report 2005, during 2005, the Authority continued to maintain effective and proactive supervision of Bermuda's regulated financial sectors.

As in previous years, the Authority strove to ensure that requirements and standards were applied to businesses fairly and consistently. An important theme during 2005 was the ongoing development of more formalised tools for evaluating and monitoring risk in licensed entities and the use of structured

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