The Isle of Man's Financial Services Authority said on 7 November that "central to its plans has been the introduction of a more risk and impact-led approach to supervision". In its just released annual report the island's regulator said that "the new framework is aimed at achieving better outcomes by delivering a consistent, proactive, and value-added model of engagement". A further step change highlighted in the report concerns the transition to a more sustainable funding model for the regulation and oversight of the finance industry. The phased introduction of a new fee structu...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
