The Isle of Man Government has today (15 December) approved an extension of the economic substance rules to include "self-managed schemes".

The Isle of Man certainly felt like the centre of the bitcoin universe during the first Crypto Valley Summit held on 17 and 18 September 2014.

In early June, the Isle of Man government's Department of Economic Development announced that the Isle of Man is open for business to high quality providers in the crypto-currency sector.

The government's Department of Economic Development announced that the Isle of Man is open for business to high quality providers in the cryptocurrency sector.

The Financial Action Task Force (FATF), the international standard setting body for anti-money laundering and counter-financing of terrorism, has taken a welcome step forward into the risk based approach being adopted by banks to prevent money laundering and terrorist financing.

Commercial lending (as opposed to deposit taking) is generally not a regulated activity in the Isle of Man, except where the lending is to an individual, when this may attract the requirement for...

It is important to understand that there may be a number of jurisdictions involved when setting up a new fund, each with their own regulatory regime.

In the Isle of Man’s 2007 budget speech, the Treasury Minister announced the completion of a major report to review the Island’s fund sector.

2017 already looks like being a busy year for Tynwald, the Island's parliament, but one of the most important bills likely to be introduced into the House of Keys in the next few weeks...

Dishonoured cheques are a risk at any time for local businesses, but especially in times of economic recession.

A right to keep possession of property belonging to another person until a debt owed by that person is discharged.

On 1 August, significant changes were made to the Isle of Man's banking regulatory framework, through the introduction of two new classes of deposit-taking licence.

The Isle of Man Financial Services Authority has intensified its scrutiny of due diligence processes for incoming controllers of regulated entities, creating potential regulatory risks for firms that cannot promptly demonstrate compliance.

On 26 October 2015 the Isle of Man launched initial legislation to regulate Crypto Currency, one of the first jurisdictions in the world to do so.

The Isle of Man Financial Services Authority (IOMFSA) has recently held three consultations relating to the regulation of Virtual Asset Services Providers...

As a member of the Global Financial Innovation Network (GFiN), the IOMFSA is sharpening its focus on innovation and dynamic regulation.

On 18 July 2016, ESMA published its advice to the European Commission on whether the AIFMD passporting regime should be extended to the Isle of Man and certain other non-EU countries.

It’s now official – the Isle of Man is the jurisdiction of choice for non-UK companies seeking a listing on London’s Alternative Investment Market.

With sovereign bond yields and credit spreads trading at near historic lows, traditional bond portfolios are no longer looking that compelling.

Further to the FATCA Brief issued to clients of Appleby in November 2013, we present below a tailored addition to the Brief specific to investment funds that are domiciled in a jurisdiction that has either entered, or has confirmed it will enter, into a Model 1 Intergovernmental Agreement (IGA) with the US Treasury in respect of the US Foreign Account Tax Compliance Act (FATCA).