The Bermuda Monetary Authority has appointed, with immediate effect, the current supervisor of insurance, Jeremy Cox, as deputy to CEO, Matthew Elderfield. The BMA is the body responsible for, among other things, regulating and supervising financial institutions in Bermuda, including those conducting deposit-taking, insurance, investment and trust business in Bermuda. It strives to protect and enhance Bermuda’s reputation and position as a leading international financial centre. Jeremy Cox will be responsible for all supervisory activities conducted by the BMA, including insurance supervision and the supervision of banks, trust companies and investment businesses.