Deadline approaching for feedback on funding model

The deadline is approaching for responses to the public consultation on the proposed introduction of a new funding model for firms regulated or supervised by Isle of Man Financial Services Authority.

 

Feedback can be emailed to Policy@iomfsa.im or sent to Andrew Kniveton, Isle of Man Financial Services Authority, PO Box 58, Finch Hill House, Bucks Road, Douglas, IM99 1DT.

 

The closing date for submissions is 5pm on 24 June 2022.

 

The consultation document is available via the Government website and sets out the proposed fees and next steps in the transition towards a predominantly industry-funded model.

 

The intention is to put in place a more sustainable approach that aligns with international best practice, while being mindful of the Island’s competitive position.

 

Interested parties who have not yet responded to the consultation are encouraged to submit their views before the closing date.