Business Code delay done to help life cos, IoM’s Pickering says
Implementation of commission disclosure pushed back to give firms ‘breathing space’
Isle Of Man
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Isle of Man’s business code delay to ‘finalise development’, says MIA
Worldwide fee and commission disclosures in Key Information Document to take effect on 1 July 2019
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Crown dependencies to comply with EU tax regulation
Guernsey and Isle of Man join Jersey to avoid EU tax haven blacklist
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$18m Isle of Man tax fraud exposed in the US
If proven, the allegations could lead to 20 years in prison
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Task force gives Isle of Man a year to improve AML compliance
The IoM regulator improves oversight in eight out of 40 problem areas
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How much do financial advisers earn?
Top earner at Guardian Wealth reportedly takes home over £500,000 a year after tax
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Creechurch whistleblower awarded record compensation
In a rare move, the decision about the wealth manager has been removed from the official IoM website
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Investec granted first Isle of Man alternative bank licence
The very first Isle of Man Alternative Banking Regime (ABR) licence has been granted to Investec Bank (Channel Islands).
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Utmost Wealth’s head of sales departs
Isle of Man-based Utmost Wealth Solutions has confirmed that head of sales, proposition and marketing, Simon Woolnough, has left the business. The insurer has also provided more details around its deal with the Zurich Platform.
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What advisers should look for in a platform
The rapid development of the offshore platform space means that advisers can sometimes be spoiled for choice. But what should they be looking for?
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PEOPLE MOVES: Amundi, TISA Exchange, Isle of Man
Amundi hires a former special adviser to an ex-French prime minister, the TISA Exchange names an industry veteran as its chair and the Isle of Man’s Department of Enterprise appoints a chief executive to its finance agency.
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Isle of Man ready to fight UK Govt over public register
The Isle of Man was ready to “vigorously challenge” the UK Government if it imposed a public register of beneficial owners on the crown dependency, its chief minister Howard Quayle has revealed.