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26 • Isle of Man Financial Services Authority Annual Report 2016/17
LEGI SL AT ION AND GUIDANCE
The Authority’s main regulatory primary legislation
comprises the Financial Services Act 2008, the
Insurance Act 2008, the Collective Investment
Schemes Act 2008 and the Retirement Benefits
Schemes Act 2000.
Beneath this primary legislation is secondary
legislation which contains the Authority’s detailed
requirements. The updating of the legislative
framework has continued over this period and
the legislation that has come into effect over the
period of this report can be found in Appendix G.
The Authority also issues guidance on various
topics, all of which can be found on its website.
OTHER ACT IVI T I ES
The Authority is also involved in a number of
other areas such as dealing with applications from
auditors to be listed on the Register of Recognised
Auditors and handling requests from overseas
auditors to audit Isle of Man companies under
section 14E of the Companies Act 1982.
The Authority is an ordinary member of IOSCO and
a full signatory to the IOSCO MMOU.