Share with your friends

Bermuda Anti-Money Laundering / Anti-Terrorist Financing - FAQ

AML/ATF FAQ session held in Bermuda

BMA / NAMLC Q&A session on AML/ATF: Frequently Asked Questions (FAQ) Document released.

Charles Thresh

Head of Advisory

KPMG in Bermuda


Related content

On May 2, 2017, KPMG hosted a Question & Answer Panel Session on Anti-Money Laundering (“AML”) / Anti-Terrorist Financing (“ATF”) with guest speakers from the Bermuda Monetary Authority (“BMA”) AML Supervision team and the Office of the National Anti-Money Laundering Committee (“NAMLC”).

This session was organised following a series of questions from regulated institutions in relation to the updates to Bermuda’s AML / ATF Regulations; to the revised Guidance Notes; and in relation to Bermuda’s preparation for the Mutual Evaluation to be conducted by the Caribbean Financial Action Task Force (“CFATF”) in 2018. The BMA / NAMLC acknowledged industry’s request for additional support and participated in an informal Q&A session to respond to the questions and challenges regulated institutions are facing. 

The FAQ document has been prepared from the BMA and NAMLC’s responses to the questions received during and after the event.

Our large and experienced team is happy to help with any additional questions you may have.

© 2020 KPMG, a group of Bermuda limited liability companies which are member firms of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.


The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Connect with us


Want to do business with KPMG?


loading image Request for proposal