Anti-Money Laundering Laws in Bermuda

Bermuda’s real estate community is now subject to similar AML/ATF (Anti Money Laundering/Anti-Terror Financing) laws, regulations and guidelines that are already in effect in many other jurisdictions.

Real estate brokers are now required to obtain far more information than in the past.

You will be asked to complete forms that are similar in content to those your bank or your lawyer may have already requested. We will require a copy of your passport, driver’s license and a utility bill confirming your address.  While this may seem to be a duplicated effort, it is now mandatory under Bermuda Law and Kim Sheen Properties promises to make the paperwork as painless as possible and would like to assure all our clients and customers that all information provided, will remain strictly confidential.

CLICK HERE TO LEARN MORE ABOUT ANTI-MONEY LAUNDERING/ ANTI-TERRORIST FINANCING GUIDANCE NOTES FOR REAL ESTATE BROKERS AND AGENTS IN BERMUDA