Category Archives: News Around

News around Isle of Man

OFT consult on proposed change to Financial Services Ombudsman Scheme

The Isle of Man Office of Fair Trading is proposing to increase the maximum award limit under the Isle of Man Financial Services Ombudsman Scheme from £100,000 to £150,000.

Terrorist Asset-Freezing Etc. Act 2010 – Renewal of final designations

The Terrorist-Asset Freezing Etc. Act 2010 (of Parliament), as it applies in the Isle of Man, implements the terrorist asset-freezing requirements of UN Security Council Resolution 1373 (2001) and Council Regulation (EU) No.2580/2001.