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APPENDIX E

OP INION ON THE ACCOUNTS

In our opinion the Accounts:

give a true and fair view of the Authority’s income and expenditure for the year

ended 31 March 2017;

have been properly prepared in accordance with UK Accounting Standards, as

applicable to the Authority; and

have been properly prepared in accordance with the provisions of the Accounts and

Audit Regulations 2013 made under the Audit Act 2006.

KPMG Audit LLC

Chartered Accountants

Heritage Court

41 Athol Street

Douglas

Isle of Man IM99 1HN

54 • Isle of Man Financial Services Authority Annual Report 2016/17