April 2025 edition of AML Focus newsletter published
The Isle of Man Financial Services Authority has published the April 2025 edition of its AML Focus newsletter.
The publication, which is available to view online, showcases the many workstreams taking place in relation to AML/CFT/CFP supervision.
George Pearmain, a leading strategic adviser on financial crime, shares his experience of Jersey’s recent MONEYVAL evaluation and provides an insight into preparations for the Isle of Man’s onsite assessment in 2026.
We put the spotlight on international ‘golden visa’ schemes and offer some pointers on what to look for in terms of the ML/TF/PF risks of citizenship by investment, while there’s a review of recent changes to beneficial ownership legislation regarding Obliged Entities.
The newsletter also highlights our supervisory priorities for 2025-27, emphasises the importance of working with good quality data, looks ahead to the publication of phase two of the thematic review relating to estate agents, and answers your questions about the MONEYVAL process.
We hope you find the contents of interest. Please contact the team at aml@iomfsa.im with any ideas for future topics.
Newsletter contents
1 Welcome from the Head of AML/CFT Supervision
2 Our supervisory priorities for 2025-27
3 The importance of good data
4&5 George Pearmain’s MONEYVAL insights
6 Island must meet higher standards
7 Estate agents thematic review
8&9 The risks of identity laundering
10 Beneficial ownership and obliged entities
11 Countering Financial Crime Conference
12 Work progressing to update National Risk Assessment
13 Making a positive difference
14 MONEYVAL Q&A