Regulatory inspections have become far more than a review of policies and procedures. Today's regulators expect organizations to demonstrate that their governance, compliance framework and internal controls are operating effectively in practice. Whether conducted by the Bermuda Monetary Authority, the Registrar of Companies, the Barristers & Accountants AML/ATF Board, or the Superintendent of Real Estate, an onsite inspection is a comprehensive assessment of how well an organization manages...

Executive Summary The second quarter of 2026 continued to demonstrate Bermuda's commitment to maintaining a robust and internationally respected AML/ATF and sanctions framework. Regulatory developments during the quarter reinforced supervisory expectations surrounding sanctions compliance, beneficial ownership transparency, suspicious activity reporting, and governance oversight. A notable theme emerging across both Bermuda and international enforcement activity is the increasing focus on...