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The Isle of Man’s expanding space industry is innovative by nature and the latest to emerge is startling by any standard. Isle of Man company Excalibur Almaz has acquired several re-usable space vehicles and plans to use them to take tourists into space.

As an increasing number of companies become global in their operations, demand has risen for flexible employee benefits solutions able to meet the needs of organisations with employees spread around the world.

Despite challenging conditions in global markets the Isle of Man continues to strengthen in the AIM market according to the latest report from Hemscott (June 2009) which looks at the registrations of companies listed on AIM.

On 29 October 2014, 51 countries formally signalled their commitment to the Common Reporting Standard ("CRS") by signing a multilateral competent authority agreement to automatically exchange information based on Article 6 of the OECD’s Convention on Mutual Administrative Assistance in Tax Matters.

DQ recently acted in the first application to the Isle of Man Courts for the winding up of an Isle of Man foundation. The DQ legal team consisted of managing partner Tom Maher and associate Adam Killip.

The three day event in Miami is one of the leading offshore financial crime and investigation conferences in the world.

Chief Minister Donald Gelling performed the official unveiling of Fortis Intertrust’s new corporate identity in the Isle of Man.

Many wealthy individuals, particularly those who have made their fortunes in recent years, strive to put something back into the communities that have supported them, which is why Cayman National Bank & Trust Company (Isle of Man) Limited and Mannin Chambers Advocates have announced the creation of a new initiative, Frontline Philanthropy.

The Isle of Man has introduced a Regulated Fund Structure to meet the increasing appetite for regulation from the international fund community and investors.

A freezing injunction is an order granted under Rule 7.16 (f) of the Isle of Man Rules of the High Court of Justice 2009.

The codification of the rule in Hastings-Bass and the principles in relation to mistake has just taken effect in Jersey.

The Isle of Man has been added to the list of approved jurisdictions by the Stock Exchange of Hong Kong, enabling companies incorporated on the Isle of Man to seek a listing on the exchange.

The Isle of Man Government has announced a series of high-profile structural changes designed to enable its newly created Department of Economic Development to help generate further economic growth for the Island.

The Isle of Man has been awarded the top ‘Compliant' rating by the global body reviewing tax transparency around the world.

Appleby Isle of Man advised Strix Group PLC on its £190 million flotation on the London Stock Exchange (Alternative Investment Market).

A new piece of legislation will facilitate the transfer of their deposit-taking business by court order, without the need to obtain express customer consent.

Isle of Man Finance together with the UK India Business Council (UKIBC) held a ‘Doing Business in India Event’ in Douglas on 12th February.