FSA update - November 2023

The Isle of Man Financial Services Authority has issued its latest update for stakeholders.

The bulletin includes an introduction from CEO Bettina Roth, an overview of our annual report, news about the STRIX AML system, an invitation to submit your views on proposed changes to the Depositors’ Compensation Scheme, and an insight into how we are addressing your feedback to the industry survey.

We also highlight our new webpage to showcase key performance metrics, and provide updates in respect of licence applications, our Business Risk Assessment thematic review, and the new company law requirement for auditors.