Authority to host event for designated businesses
The Isle of Man Financial Services Authority is hosting an event for designated businesses as part of its ongoing programme of engagement with the Island’s business sector.
The session, which is scheduled to take place at the Manx Museum Lecture Theatre on Wednesday 30 April 2025, will cover a range of key topics including:
- Supervisory approach for Designated Non-Financial Businesses and Professions (DNFBPs)
- Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Code 2019 obligations and concessions
- Preparations for the Isle of Man’s MONEYVAL evaluation
- The submission of Annual Statistical Returns and data via the STRIX system
A short presentation will be followed by an open question and answer panel discussion with senior officers from the Authority. There will also be an opportunity for attendees to discuss matters more informally before and after the main session.
The event is open to all registered DNFBPs and tickets will be made available via the Eventbrite website later this month. As there is limited capacity at the venue, attendance is restricted to one space per entity. However, the presentation and Q&A will be recorded and shared with all stakeholders via the Authority’s website and social media channels.
Doors open at 8:45am, with the presentation scheduled to start at 9:00am. The event will finish at 10:30am.
Lucy Hendy, Senior Manager, AML/CFT Supervision, said: ‘The Authority is committed to working collaboratively with designated businesses to strengthen engagement and mutual understanding. We will provide further insight into our future plans and expectations during the event at the Museum, as well as taking the opportunity to listen to the views of Island firms on relevant issues.’