This information is derived from the State Department's Office of Investment Affairs' 2015 Investment Climate Statement. Any questions on the ICS can be directed to EB-ICS-DL@state.gov

Bermuda is not a member of the Overseas Private Investor Corporation (OPIC) or any other investment insurance programs.  There is no deposit protection for owners of mutual funds or trusts, nor is there any central fund to reimburse investors.  However, the BMA restricts many investments to institutional investors or high net worth individuals, who handle their own due diligence.  The BMA also maintains as public information a register of all licensed investment service providers.  Moreover, investment managers must be licensed pursuant to the Investment Business Act of 1998.  Prior to licensing, the investment service must provide proof of adequate professional indemnity insurance.  The 2006 Investment Funds Act clearly outlines how public funds are regulated, defines the framework for non-public, institutionalized funds, and includes requirements for fund administrators.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.