In a surprising move, the Isle of Man abolished the "adequate consideration" defence in its anti-money laundering legislation after the IMF identified the defence as a weakness in the Island's legislation.

In December 2012, SatTV (part of the leading space industry publisher Satellite Evolution Group) visited the Isle of Man to explore the reasons behind the Isle of Man’s phenomenally successful commercial space industry.

On Friday 19 September 2014, David Doyle (the Island’s First Deemster and Clerk of the Rolls) was in Edinburgh at the personal request of the Right Honourable Lord Gill.

The Authority and GSC have been collaborating with Austria-based software development firm Financial Transparency Solutions to implement STRIX AML, ...

The National Crime Agency (the "NCA") has issued its ‘National Strategic Assessment of Serious and Organised Crime 2014' (the "Assessment").

The FSA has issued (January 2020) updated guidance for the life assurance sector on the Island.

The Data Protection Act 2018 (Act) is the principal piece of Isle of Man primary legislation addressing data protection.

The recent case Sanderson Ltd v Simtom Food Products Ltd (February 2019) is of interest, particularly for suppliers of software solutions and support, and their clients.

The Isle of Man is consulting on proposals to introduce a ‘legitimate interest’ access route to beneficial ownership information. The move is intended to enhance transparency and align the Island’s framework with evolving international anti-money laundering standards while maintaining safeguards for privacy and personal safety.

The Isle of Man has published its latest sectoral risk assessment for Trust and Corporate Service Providers (TCSPs), confirming that the sector’s money laundering risk remains rated Medium High. The assessment highlights strengthened regulatory controls, ongoing AML obligations and the importance of risk management across the Island’s international financial services sector.

Is it noble or reckless for aid or support agencies to spend public money to try to entice fresh and, possibly naïve, inward investment into a country that expropriates foreign owned private property and steadfastly refuses to pay any compensation over a period stretching more than a decade?

52% of the British electorate voted to leave the European Union (the "EU") on 23 June 2016 and whilst the Isle of Man played no part in the referendum, this result is likely to have an impact on the Island's economy and community for future generations.

The Jersey Financial Supervision Commission (the JFSC) has recently (June 2020) published a feedback paper for industry on the results of its examinations of compliance with the financial crime

The importance of a dialogue between Government and the public is well recognised in the Isle of Man.

The Act addresses several recommendations made within the MONEYVAL Mutual Evaluation Report of the Isle of Man, as well as addressing other matters identified by various authorities in relation to anti-money laundering and the effective prosecution of financial crime.

This Act repeals the European Communities (Isle of Man) Act 1973 and makes provisions consequent upon the withdrawal of the UK from the EU (Exit Day).