IoM global commission disclosure still two years away
Life companies based on the Isle of Man will have to disclose client commission worldwide from January 2019, the head of the Isle of Man Financial Services Authority (IoMFSA) has confirmed.
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Unregulated New Earth funds facing liquidation
Joint liquidators have been appointed to the New Earth Group of Funds following an application by the Isle of Man Financial Services Authority (IOMFSA). The application was made with the knowledge and consent of the funds’ directors.
Carbon Plant carbon credit exchange goes live on IoM
The first exchange to rely on blockchain technology to trade credits in carbon has gone live on the Isle of Man.
Alpha Growth life business obtains branch licence in IoM
Alpha Growth targets UHNW life insurance market with new branch in Isle of Man.
Advice firm surrenders licence just two years after launch
Business was set up by ex-Lloyds and Barclays duo in 2021