Isle Of Man
Tax & Regulation | 1 Mar 17
IoM says no to making beneficial ownership data public
The Isle of Man government has said it will not be forced to create a public register on the beneficial ownership of offshore companies until it becomes the “international norm” amid mounting pressure from UK politicians.
Tax & Regulation | 16 Feb 17
New Earth’s fund manager expected to pay creditors in full
Isle of Man-based Premier Group, the fund manager behind the ill-fated £300m ($373m, €353m) New Earth Group of funds, will be able to pay its creditors in full, according to joint liquidator Craig Mitchell.
Tax & Regulation | 15 Feb 17
Isle of Man to investigate collapse of Nicaraguan bamboo fund
The Isle of Man’s High Court of Justice has appointed an inspector to look into the collapse of the $61m (£48m, €57m) Eco Resources Fund, after it went bust last November.
Channel Islands’ stock exchange to open Isle of Man office
The Guernsey-based Channel Islands Securities Exchange (CISE) plans to open a representative office in the Isle of Man next month after rebranding as The International Stock Exchange (TISE).
Disclosure is a benefit, ‘not an enemy’
Having avoided the high commission trap, Isle of Man-headquartered IOMA Group is well placed to thrive in the new world of fee disclosure and transparency, says managing director Chris Kenning.