isle of man life companies are ready for uk rdr
The Manx Insurance Association is ‘confident’ that its members are in a position to offer RDR compliant products and services for business written from 2013.
Isle Of Man
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thomas miller investment in outsourcing deal
Thomas Miller Investment, the asset management side of the London-based Thomas Miller insurance group of companies, has signed a ten-year administration and custody outsourcing agreement with BNY Mellon Asset Servicing and Pershing, a BNY Mellon company.
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john spellman to become iom director of fs
John Spellman is to become the Isle of Man’s director of financial services with immediate effect, having spent the past couple of years as a special adviser for the island’s department of economic development.
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Isle of Man signs taxation agreements
The Isle of Man has signed a double taxation agreement with Singapore and a tax Information Exchange Agreement (TIEA) with the Republic of Turkey in quick succession on the same day in London.
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isle of man regulator warns bogus website
A bogus website with the address of http://abacusfinancialservicesltd.com is falsely representing a genuine Isle of Man-based advisory business called Abacus Financial Services Limited,according to the islands Financial Supervision Commission (FSC).
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applebys melia relocates to hong kong
Appleby, the largest offshore law firm by partner numbers, is expanding its corporate transactions capabilities in Asia with the relocation of Isle of Man-based corporate partner John Melia to the firms Hong Kong office.
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isle of man advisers wrongly labelled funds
The Isle of Mans Financial Supervision Commission (FSC) has revealed in its latest on-site visits that some financial advisers on the island wrongly labelled unregulated funds and leveraged products as low risk.
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isle of man issues tax consultation
Individuals and businesses on the Isle of Man have until 7 Sept to comment on a range of elements of the island’s tax strategy, including whether its current 10% corporate tax rate should be widened.
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Now its turn of iom politician to raise issue
Less than a fortnight after a senior Jersey politician revived talk of breaking away from the UK if it continued to get a raw deal, a Manx politician has called for a “comprehensive and independent” review into the potential benefits of gaining independence.
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the isle of man signs dta with qatar
UK Crown Dependency the Isle of Man has signed a double taxation agreement with Qatar.
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manx insurance assn names kneeshaw chairman
The Manx Insurance Association has appointed as its new chairman Royal London 360° chief executive David Kneeshaw, succeeding Dean Waddingham, the former managing director of Clerical Medical International and its subsequent incarnation, CMI Insurance.
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iom pensions provider bw oakfield buys rival
BW Oakfield Group, an Isle of Man pensions and QROPS provider, has acquired an IoM rival, Momentum Pensions, and a controlling interest in Momentums Maltese operation.