BBA

The BBA asks that all Bermuda Banking customers seek to protect against Elder Financial Exploitation
FinCEN Advisory Elder Financial Exploitation FINAL 508
Bermuda Licenses its first Digital Bank
https://www.royalgazette.com/banking/business/article/20220607/new-licence-issued-for-digital-bank/
BBA Webinar on Russian Sanctions
The BBA recently held a timely and informative webinar on Russian Sanctions compliance.   You may watch the zoom presentation by using the link below: https://us02web.zoom.us/rec/share/qYWOgTAapIYnPB6nHvFNa3aVbytnodUSEKwFO5hy1GnJVK2c_RX0CmahDTYB-4Q.q6x4zEmlNbZX9GaO?startTime=1652453337000 Passcode: Ni?#16Jb
Bermuda at the Forefront of Global Privacy Regulation
https://www.royalgazette.com/international-business/business/article/20220509/privacy-chief-at-digital-trade-talks/
BBA Efforts to Enhance Comparison of Bank Rates and Fees
The BBA is undertaking an initiative to guide the banking community to information that will assist in making informed choices as to the use of banking services in Bermuda.   Please use the link below...
Instant Payments — Coming Up Fast
Instant Payments
Sanctions Screening Webinar — Russian Entities
https://youtu.be/YlT6zYf4WdA
Helpful tips on Factors Affecting your Credit
The five criteria of credit scoring are generally as follows: 40% is based on payment history (people are penalized for late or missed payments); 35% is outstanding debt (people are hurt by having too much...
EMail Addresses to Report Phishing Attempts
The BBA is providing the following email addresses and encourages all bank customers to report suspected phishing and or other suspicious emails to their respective banks. Bank of Butterfield -- phishing@butterfieldgroup.com Clarien -- phishing@clarienbank.com HSBC...
Marquis Development Projects Require Sound Capital Structures
https://www.royalgazette.com/politics/news/article/20220325/190m-financing-in-place-for-fairmont-southampton/