Category Archives: News Around

News around Isle of Man

Consultation issued by the IPA in respect of unit growth rate assumptions and valuation rates of interest in the valuation of long term liabilities of insurers

The Insurance and Pensions Authority has issued for consultation its proposed changes to the Insurance (Valuation of Liabilities) Regulations 2007.

Consultation on a potential new regulated activity encompassing both equity and loan crowdfunding

The Financial Supervision Commission (“the Commission”) has today issued a consultation document on a potential new regulated activity which will encompass both equity and loan crowdfunding.

Anti-Money Laundering and Countering the Financing of Terrorism Code 2015

Following the approval by Tynwald of the Anti-Money Laundering and Countering the Financing of Terrorism Code 2015 (“the Code”) this revised legislation came into force on 1 April 2015.