Consultation on Auditor Confirmations in Applications for Insurance Authorisation by Protected Cell Companies and Limited Partnerships

The Isle of Man Financial Services Authority has issued a Consultation Paper to obtain views and evidence in relation to the removal of auditor confirmations in the insurance authorisation application process in respect of protected cell companies (PCCs) and limited partnerships (LPs).

The consultation is relevant to the boards, senior management and auditors of existing and prospective insurance companies in the Isle of Man which are, or are proposed to be, a PCC, a cell of a PCC or an LP.

The closing date for comments is 3 January 2020.

The contact point for responses is:

Mr Paul Ellison – Senior Manager – ICP Project
Isle of Man Financial Services Authority
PO Box 58, Finch Hill House, Bucks Road, Douglas Isle of Man, IM99 1DT
Telephone: +44 (0) 1624 646009