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Revisions to IoM rulebook to go ahead

Chris Hamblin, Clearview Publishing, 14 November 2013

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The Isle of Man's Financial Service Commission has published revisions that it intends to make to its rulebook.

The Isle of Man's Financial Service Commission has published revisions that it intends to make to its rulebook.

The Regulated Activities Order and Financial Services (Exemptions) Regulations are to take effect on 1 January 2014, according to the regulator's website.

Following this summer’s consultation on revisions to the Financial Services Rule Book, Regulated Activities Order and Financial Services (Exemption) Regulations, the commission has issued a summary of consultation responses and the changes it has made, as well as the final draft legislation that is subject to Treasury and approval by the Tynwald, the isle's parliament. This legislation is published for information only and no further comments are sought. The website will be updated again after the expected vote in mid December 2013.

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