What do the IoM disclosure exemptions mean for the industry?
The Isle of Man Financial Services Authority responds to key questions
Tax & Regulation
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Updated: UAE and Singapore exempt from IOM disclosure rules
Conduct of Business Code exclusions also applied to Argentina, South Africa and Qatar
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‘Radical overhaul’ for Australia’s life insurance code of conduct
Revamp aims to lift standards in product design, sales, underwriting and customer service
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Abu Dhabi and Bahrain join forces on fintech
ADGM and Central Bank of Bahrain to collaborate on developing respective financial sectors
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European authorities set out Kid reforms under PRIIPs regulation
Comments welcomed on changes to the presentation and content of the Key Information Documents
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Guernsey becomes centre of UN green finance
The Crown dependency will join other European financial capitals in promoting sustainable finance
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Business Code delay done to help life cos, IoM’s Pickering says
Implementation of commission disclosure pushed back to give firms ‘breathing space’
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US to clarify guidelines for investor-adviser relationship
Many were confused by the different professional figures and the services they provide
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French asset manager refutes tax fraud claims
The firm is under investigation by French financial authorities for tax fraud and money laundering
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Australia to toughen standards for managers of financial advisers
The regulator to require managers to meet the same education levels as financial advisers
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UK launches inquiry into taxation of trusts
HMRC is seeking views and evidence on whether the current regime is transparent, fair and simple
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Malta faces high money laundering risk
Study reveals weaknesses in controlling cash movements at ports of entry