Isle of Man Financial Services Authority advances 2026/27 Fees Order with 2.9% CPI-linked increases and revised DNFBP fees

The Isle of Man Financial Services Authority (FSA) announced that the consolidated Isle of Man Financial Services Authority (Fees) Order 2026 will be laid before the March sitting of Tynwald for implementation from 1 April, with most existing fees set to rise by 2.9% in line with the Island’s September 2025 Consumer Prices Index inflation rate. The fees package follows consideration of responses to a public consultation and incorporates a limited number of sector-specific changes aimed at improving proportionality for smaller designated non-financial businesses and professions (DNFBPs). A Feedback Statement summarises comments from DNFBPs, regulated entities and industry bodies and the FSA’s responses. The revised Order includes changes to designated business fees and addresses concerns about using CPI as the basis for future inflation-linked adjustments by giving the FSA discretion to propose an alternative approach if economic or other relevant factors warrant it. The FSA also reaffirmed its approach to maintaining a stable overall DNFBP fee structure, noting that a proposed 34% reduction for certain DNFBPs would require corresponding increases elsewhere in the DNFBP regime, and it rejected aligning DNFBP fees with regulated financial services firm fees on the basis that the groups operate under different statutory frameworks, expectations and risk profiles. The FSA said it will continue to review whether DNFBP fee calculations should move from headcount to a full-time equivalent measure, but only subject to improved and consistent data from the AML/CFT Annual Statistical Return.