Release of new ISPV framework
Release of new ISPV framework
Author Archives: Isle of Man Government News
Kleinwort Benson Bank (Isle of Man) Limited
Kleinwort Benson Bank (Isle of Man) Limited surrendered its deposit taking permissions with effect from 23 January 2015
Banking and Funds Bulletins
The Commission has published its latest statistical data release showing aggregate information about the island’s banking and funds sectors in the form of a “banking bulletin” and a “funds bulletin”.
Movement in Island’s Deposit Base
Deposits (net of local inter-bank placings) with Isle of Man offices of Isle of Man licensed deposit takers.
Termination of the fund established in relation to the default of Bank of Credit and Commerce International S.A. (“the Fund”)
In accordance with the provisions contained in the Depositors’ Compensation Schemes (Miscellaneous Provisions) Regulations 2014, on 26 February 2015 the Financial Supervision Commission, as Scheme Manager of the Fund, resolved to terminate the Fund f…
Termination of the fund established in relation to the default of Bank of Credit and Commerce International S.A. (“the Fund”)
In accordance with the provisions contained in the Depositors’ Compensation Schemes (Miscellaneous Provisions) Regulations 2014, on 26 February 2015 the Financial Supervision Commission, as Scheme Manager of the Fund, resolved to terminate the Fund f…
Schulte Corporate Services Limited
On 27 February 2015 the Financial Supervision Commission issued a Financial Services Licence to Schulte Corporate Services Limited under Section 7 of the Financial Services Act 2008.
Second Consultation on a General Review of Collective Investment Schemes
The Financial Supervision Commission has today issued a second consultation [hyperlink] on a general review of collective investment schemes.
Sanctions Update
The Commission has been notified that the Isle of Man Treasury has recently published new and updated information regarding the above Sanction regimes.
Sanctions Update – Terrorism and Terrorist Funding
The Commission has been notified that the Isle of Man Treasury has recently published new and updated information regarding the above Sanction regimes.