IoM watchdog reviews UAE conduct of business code carve out
Firms based in free zones will no longer be exempt from providing key information documents
Conduct of Business Code
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Acuity aims to ease regulatory burden for life insurers
As in-house product oversight and governance risks accusations firms are ‘marking their own homework’
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What does the future hold for the Isle of Man wealth sector?
Chief executive of Finance IoM claims jurisdiction is just not a hub for tax incentives
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Isle of Man disclosure rules finally hit insurance sector
Business code leads firms away from ‘certain countries and adviser groups’
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What do the IoM disclosure exemptions mean for the industry?
The Isle of Man Financial Services Authority responds to key questions
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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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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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Five views on the Isle of Man’s conduct of business rules
Less focused businesses will suffer, and it will take time to become fully effective, say CEOs
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IFAs urged to ditch IoM life cos over commission disclosure
IFA firms should “wrest control” of their businesses from life companies based on the Isle of Man before the Conduct of Business Code comes into force, the director of Thames River International has argued. A move described by one industry source as “dodgy” and a “stain on the industry”.
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Are life cos ready for looming IoM Conduct of Business Code?
It is now less than a year until the Isle of Man Conduct of Business Code comes into force, International Adviser spoke to several firms headquartered on the island to see how they are preparing for the introduction of the regulation.
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IoM regulator scraps January 2018 commission disclosure
UPDATED: Insurers headquartered on the Isle of Man will no longer have to provide customers with generic information about commissions and fees from 1 January 2018 after the island’s regulator scrapped its plans, in a move welcomed by the industry.
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IoM eases pressure on life cos over commission disclosure
International insurance companies headquartered on the Isle of Man will only have to spell out to customers how much commission they will have to pay to intermediaries over the life of the product at the end of the sales process.