Isle of Man cracks down on unlicenced activity
The Isle of Man Financial Services Authority (FSA) is taking a “proactive initiative” to clamp down on financial services professionals conducting regulated activities without a licence.
The Isle of Man Financial Services Authority (FSA) is taking a “proactive initiative” to clamp down on financial services professionals conducting regulated activities without a licence.
The Isle of Man Financial Services Authority has revealed how insurers headquartered on the island will have to provide clients with information about commission and fees from 1 January 2019.
Competition to become the first Isle of Man company to gain an Alternative Banking Regime (ABR) licence is hotting up and Capital International Group is optimistic about its chances.
An Isle of Man judge has ruled that the liquidator appointed to the collapsed Eco Resources Fund should be replaced despite objections from the island’s Financial Services Authority (IoMFSA).
The Isle of Man financial regulator is taking action against anti-money laundering and terrorist financing with new guidance rules aimed at “avoiding a tick-box approach” to assessing the risk of customer involvement in such activities.