Designated Businesses event video and Q&A published

As part of its programme of outreach activities, the Isle of Man Financial Services Authority delivered its bi-annual AML/CFT Forum at the Manx Museum in April 2025. This was a presentation to Designated Non-Financial Businesses and Professions (“DNFBPs”) which was recorded and is available to view online.

Stacey Kneen, AML/CFT Supervision Manager, set out the DNFBP supervisory structure, and highlighted various Code obligations. Lucy Hendy, AML/CFT Supervision Senior Manager, provided an update on the Island’s National Risk Assessment and preparations for the MONEYVAL evaluation in 2026.

Following the presentation, senior officers from the Authority took part in a question-and-answer panel session to respond to enquiries from members of the audience.

As there was insufficient time to answer to all the questions that were submitted on the day, a Q&A document has been published on the Authority’s website covering the main themes and topics raised.

Whilst the audience of the event was DNFBPs, the presentation and Q&A content is relevant to all supervised entities.