Bermuda Monetary Authority
R. Sheridan K. Smith has a strong background in information technology spanning over several decades. Starting as a Computer Operator, Smith has worked their way up through various roles such as Systems Analyst/Programmer, IT Operations Manager, and IT Security & Compliance Manager. Currently serving as the Director of Management Services / Information Technology at Bermuda Monetary Authority, Smith is responsible for managing IT service delivery and ensuring the security of the Authority's systems and data. With a Bachelor of Science in Computer Science & Business Management from Fairleigh Dickinson University, Smith has a wealth of experience in IT strategy, security, infrastructure, and network management.
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Bermuda Monetary Authority
The Bermuda Monetary Authority (the Authority or BMA) regulates Bermuda's financial services sector. The Authority was established by statute in 1969. Its role has evolved over the years to meet changing needs in the financial services sector. Today it supervises, regulates and inspects financial institutions operating in the jurisdiction. It also issues Bermuda’s national currency, manages exchange control transactions, assists other authorities with the detection and prevention of financial crime, and advises Government on banking and other financial and monetary matters. The Authority develops risk-based financial regulations that it applies to the supervision of Bermuda’s banks, trust companies, investment businesses, investment funds, fund administrators, money service businesses, corporate service providers and insurance companies. It also regulates the Bermuda Stock Exchange.