Lowtax Network

Back To Top

Your Lowtax Account

Isle Of Man's New Financial Regulator Issues Update

by Jason Gorringe, Lowtax.net, London
28 March, 2016

The Isle of Man's new financial services regulator has provided a progress update following the combination of the Financial Supervision Commission and the Insurance and Pensions Authority on November 1, 2015.

The Financial Services Authority – the product of the two organization's combination – says it is currently reviewing the way it engages financial services firms on prospective legislative and regulatory policy changes. This will result in the publication of a new policy paper in the next few months, it said. It will aim to improve engagement and make consultations more transparent and effective.

The Authority will also be issuing a consultation on proposed updates to the Financial Services Rule Book this year. Subject to the outcome of that consultation, the updated Rule Book would come into effect in early 2017.


See all of today's news


 

News Archive

Event Listings

Listings for the leading worldwide conferences and events in accounting, investment, banking and finance, transfer pricing, corporate taxation and more...
See Event Listings »