The Isle of Man Financial Services Authority has issued its October 2026 stakeholder bulletin, reviewing legislative reforms, next steps in Basel III implementation and completed actions under its supervisory priorities. The update highlights an improving compliance picture reflected in recent thematic reports and reviews firms’ participation in the onsite phase of the MONEYVAL mutual evaluation. The Basel III discussion follows the Authority’s July consultation and subsequent October feedback statement on additional liquidity monitoring metrics for banks. The bulletin also reviews progress against anti-money laundering and countering the financing of terrorism supervisory priorities, alongside banking and insurance supervision. Legislative work includes progressing pensions reform and seeking industry input to inform a review of civil penalties. On financial crime prevention, the bulletin provides insight into simplified due diligence and recaps presentations from the 2026 Countering Financial Crime Conference.
Isle of Man Financial Services Authority reviews legislative reforms, Basel III implementation and supervisory progress
The Isle of Man Financial Services Authority’s October 2026 bulletin reviews legislative reforms, Basel III implementation and completed supervisory actions. It highlights improving compliance in recent thematic reports and reflects on the MONEYVAL onsite assessment. The Basel III update follows earlier consultation and feedback on additional bank liquidity monitoring metrics.