GIFCS evaluation

The Authority is a member of the Group of International Finance Centre Supervisors (GIFCS), a body that promotes the adoption of international regulatory standards.

GIFCS assesses TCSP standards and conducts periodic evaluations covering areas such as licensing and authorisations, corporate governance, prudential conduct, control over assets, international co-operations, and financial crime.

The Authority recently provided an update regarding a forthcoming GIFCS evaluation of TCSP standards in the Isle of Man.

Since then we have been in contact with the assessors and started preparing for their onsite evaluation during the week of 9-13 May 2022.