16 / 66
Regulated activity under the FSA08
Number of licenceholders
conducting the following
regulated activities as at 31 March
2017
2016
Class 1 – Deposit taking
19
22
Class 2 – Investment business
46
49
Class 3 – Services to collective investment schemes
54
55
Class 4 – Corporate services
153
164
Class 5 – Trust services
111
115
Class 6 – Crowdfunding platforms
0
N/A
Class 7 – Management & administration
10
10
Class 8 – Money transmission services
5
5
Registered entities under the Industrial and
Building Societies Act 1892 and supervised by
the Authority under the Credit Unions Act 1993
Number of registered entities
conducting the following activities
as at 31 March
2017
2016
Credit Unions
1
0
Permissions under the IA08 and RBSA00
Number of regulated entities
conducting the following
activities as at 31 March
2017
2016
Authorised insurers – life
16
16
Authorised insurers – non-life
111
118
Permitted insurers – life
9
9
Permitted insurers – non-life
9
9
Insurance managers – life
11
11
Insurance managers – non-life
11
11
General insurance intermediaries
22
24
Administrators – pensions
50
56
Regulatory permissions
The following table identifies permissions held by category. Some financial services
licences contain more than one permission, which means that the totals given are
permission totals, rather than licence totals:
14 • Isle of Man Financial Services Authority Annual Report 2016/17