FSA News

Quarterly Statistical Data (1) (Press Release)

Published on: Monday 17 February 2020

The Authority has published its latest statistical data release showing aggregate information about the island’s funds sector in the form of a “funds bulletin”. The Funds Bulletin can be found here. February 2020
Court dismisses appeal of Montpelier (Trust and Corporate) Services Limited (“Montpelier”) (Press Release)

Published on: Wednesday 12 February 2020

On 7 October 2019, following an application by the Isle of Man Financial Services Authority (the “Authority”), the Isle of Man High Court (His Honour Deemster Khamisa QC) made an order that a manager, receiver and inspectors be appointed in respect of Montpelier. Details of those appointments are set out below.
Quarterly statistical data (Press Release)

Published on: Thursday 06 February 2020

The Authority has published its latest statistical data release showing aggregate information about the island’s banking sector in the form of a “banking bulletin”.
Consultation response on Auditor Confirmations in Applications for Insurance Authorisation by Protected Cell Companies and Limited Partnerships (Press Release)

Published on: Wednesday 05 February 2020

The Isle of Man Financial Services Authority has today published a Consultation Response (CR20-06/T17) following its consultation to obtain views and evidence in relation to the proposal to remove the requirement for auditor confirmations in the insurance authorisation application process in respect of Protected Cell Companies and Limited Partnerships.
Winter ‘Update’ Newsletter (Press Release)

Published on: Monday 03 February 2020

The Isle of Man Financial Services Authority has published Issue 9 of its ‘Update’ Newsletter which summarises items of interest from the last six months.
Alternative Payments Bulgaria EOOD (Public Notice)

Published on: Friday 31 January 2020

Alternative Payments Bulgaria EOOD
Alternative Payments Limited (Public Notice)

Published on: Thursday 30 January 2020

Designated business deregistration: Alternative Payments Limited
Consultation Response on Fees 2020 (Press Release)

Published on: Tuesday 21 January 2020

The Isle of Man Financial Services Authority has today published a Consultation Response (CR20-01/T14) to the earlier Consultation Paper (CP19-07/T14) on proposed increases to fees payable to the Authority from 1 April 2020.
Public Statement concerning the imposition of a Civil Penalty under section 37 of the Insurance Act 2008 – Kestrel Insurance Services Limited (Press Release)

Published on: Friday 17 January 2020

The Financial Services Authority (the “Authority”) makes this public statement in accordance with powers conferred upon it under section 35 of the Insurance Act 2008 (the “Act”).
Gone away clients - Thematic feedback for long term insurers (Press Release)

Published on: Tuesday 14 January 2020

The Authority has today published thematic feedback on the management of gone away clients in the long term insurance sector.