CP17-06/T07 Information Gateways – Consultation on Draft Orders to Amend the Exceptions from Restrictions on Disclosure of Information under Various Acts

The Isle of Man Financial Services Authority has today issued a Consultation Paper (CP17-06/T07) to obtain views in relation to three draft orders which amend the exceptions from restrictions on disclosure of information under the Designated Businesses (Registration and Oversight) Act 2015, the Financial Services Act 2008 and the Insurance Act 2008. The proposed changes to the Insurance Act 2008 will also apply to the Retirement Benefits Schemes Act 2000 by virtue of section 43 of the latter Act.

The Consultation Paper may be of interest to persons and entities regulated by the Authority under the Financial Services Act 2008, the Insurance Act 2008 and the Retirement Benefits Schemes Act 2000, as well as persons and entities subject to oversight by the Authority under the Designated Businesses (Registration and Oversight) Act 2015.

The closing date for comments is 25th July 2017.