Isle Of Man
Financial centres slam Paradise Papers backlash
The UK’s crown dependencies and overseas territories have hit back at international media scrutiny and allegations that they facilitate tax avoidance and evasion following the leak of the Paradise Papers.
IoM pension firm launches cryptocurrency services
Isle of Man-based corporate and pension service provider Optimus is to offer crypto-currency, block chain and Initial Coin Offering (ICO) services.
Isle of Man sets up specialist unit to combat cyber attacks
The Isle of Man is stepping up efforts to defend against cyber crime by establishing a specialist body to oversee cyber security and take responsibility for delivering the island’s National Cyber Security Strategy, due to be published by the end of the year.
Isle of Man fights back against fraud
Legislation aimed at modernising measures to combat fraud will come into force on the Isle of Man from 1 November 2017.
Tax & Regulation | 27 Sep 17
Key regulatory changes to keep an eye on
From the Isle of Man Financial Services Authority’s planned commission disclosure requirement to the Middle East Insurance Authority’s move to tighten capital requirements for licenced brokers, there is plenty of significant change happening on the regulatory front.