Whistleblowing to the Isle of Man Financial Services Authority (‘the Authority’)
The Isle of Man has provisions under the Employment Act 2006 to protect workers who make disclosures about wrongdoing to their employer. The provisions are summarised in the Isle of Man Government’s A Brief Guide to Whistleblowing.
Regulated entities are obliged to have an internal whistleblowing policy in place.
Serious concerns can also be reported to the Authority about regulated entities, ideally after raising them directly with the employer and if the whistleblower remains unsatisfied at the end of the employer’s process. The Authority is a prescribed person under the Public Interest Disclosure (Prescribed Persons) Order 2016 which means that any dismissal of the whistleblower would be automatically unfair if the principal reason for dismissal is that they have made a protected disclosure to the Authority in good faith.
The Authority has published some FAQs on Whistleblowing in the context of regulated entities.
If you wish to raise an issue with the Authority, you can ring us on 646000 during office hours. Initially the contact person will be the Relationship Manager of the regulated entity concerned. If the person you want to speak to is not there, you can leave a message on voicemail.
If you prefer to write to us, please e-mail to [email protected] or our postal address is: Isle of Man Financial Services Authority, P O Box 58, Finch Hill House, Bucks Road, Douglas, IM99 1DT.