Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 13 OCTOBER 2020

Technology And Innovation Guide – Isle Of Man

Appleby
Appleby
Contributor
Appleby

Appleby

Appleby is a leading offshore law firm. The team of legal specialists advise global public and...

View firm profile
Explore more from Appleby

The Isle of Man Financial Services Authority may, in some instances, grant a restricted licence to carry out a financial services activity subject to stringent conditions.

Isle of ManFinance and Banking
Appleby Global
Appleby Global
Author LinkedIn connections

Technology and Innovation

1. Are there any "sandbox" or other regulatory neutral zones?

The Isle of Man Financial Services Authority may, in some instances, grant a restricted licence to carry out a financial services activity subject to stringent conditions.  Persons interesting in establishing a technology business in the Isle of Man should contact Digital Isle of Man, part of the Department for Enterprise, who may be able to provide assistance and financial support.

2. Is there a Digital "incubator" or hub?

Yes, Digital Isle of Man, part of the Department for Enterprise.

3. Are there any barriers to entry for foreign technology companies?

A foreign company must register as a foreign company under the Foreign Companies Act 2014, if that company carries on, or is held to carry on, business from an established place of business in the Isle of Man.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

BMA Sets Out Phased Path To A Bermuda Insurance Resolution Regime

The Bermuda Monetary Authority has published a consultation paper outlining the first phase of a resolution regime for the commercial insurance sector, designed to align with international standards. The framework establishes the BMA as the Resolution Authority with five core objectives and defines which insurers will fall within scope. This phased approach raises important questions about governance, recovery planning, and the practical implications for domestic insurers and Internationally Active Insuranc
BermudaInsurance
Appleby
Appleby
Article

The Long Game: How Bermuda Became The World’s Life Reinsurance Capital

Bermuda has emerged as the dominant global hub for life and annuity reinsurance, now holding over $900 billion in US life and annuity liabilities and accounting for 84% of all US reserves ceded offshore. This analysis examines how the island's sophisticated regulatory framework, purpose-built infrastructure, and commercially engaged regulator have created a structural advantage that extends beyond its traditional catastrophe reinsurance roots into long-dated life business from the US, UK, and Asia.
BermudaInsurance
Appleby
Appleby