The Isle of Man Financial Services Authority has published an updated version of its Enforcement Decision-Making Process (EDMP), with minor amendments aimed at improving clarity following a high-level review informed by internal and external stakeholder feedback. The revised EDMP is effective from 1 August 2025. The updated EDMP sets out the steps the Authority will follow when exercising its statutory powers in relation to specific enforcement actions. It also includes a table of sanctions that may be pursued where the Authority considers this proportionate, reasonable and appropriate.
Isle of Man Financial Services Authority 2025-08-01
Isle of Man Financial Services Authority publishes updated Enforcement Decision-Making Process effective 1 August 2025
The Isle of Man Financial Services Authority has updated its Enforcement Decision-Making Process (EDMP) to enhance clarity, effective 1 August 2025. The revised EDMP outlines the steps for exercising statutory powers in enforcement actions and includes a table of potential sanctions.