The Isle of Man Financial Services Authority released its July 2025 stakeholder update, bringing together current policy work, supervisory priorities and recent guidance. The bulletin includes an introduction from Chief Executive Officer Bettina Roth, explains how stakeholders can respond to public consultations, and flags changes intended to boost the competitiveness of the insurance sector, alongside newly published guidance on Sustainable Finance and a guide to Commercially Exposed Persons. It also sets out the Authority’s two-year supervisory engagement programmes and its work to improve regulatory effectiveness through data, noting a strong response from trust and corporate service providers to the Legal Persons and Arrangements data request. Other items include progress on the Island’s National Risk Assessment, an update to the AML/CFT Handbook, a note that responses to the LCR discussion paper are being reviewed, and the Authority’s contribution to a global fintech event. Looking ahead, the bulletin signals a busy autumn outreach programme, starting with the Countering Financial Crime Conference on 3 September 2025.
Isle of Man Financial Services Authority 2025-07-16
Isle of Man Financial Services Authority publishes July 2025 stakeholder bulletin spanning consultations, insurance competitiveness measures and new guidance
The Isle of Man Financial Services Authority's July 2025 update outlines policy work, supervisory priorities, and guidance, including efforts to enhance the insurance sector's competitiveness and new sustainable finance guidance. It details a two-year supervisory engagement programme and highlights strong responses to data requests from trust and corporate service providers. The update also notes progress on the National Risk Assessment, AML/CFT Handbook revisions, and upcoming outreach activities, including the Countering Financial Crime Conference in September.