Authority reviewing consultation feedback
The Isle of Man Financial Services Authority is reviewing the submissions to its two recent consultations with a view to publishing Feedback Statements and confirming next steps in November.
Comments were invited on the Financial Services (Miscellaneous Provisions) Bill and the Retirement Benefits Schemes (Amendment) Bill as part of plans to maintain the Island’s reputation as a well-regulated jurisdiction that continues to meet international standards.
Detailed submissions have been received on the proposed measures, as well as other aspects of the regulatory framework.
The Authority wishes to thank everyone who responded to the consultations and is carefully considering all the comments ahead of setting out its intended way forward.
The Feedback Statements will explain any resulting changes to the Bills, while a separate consultation exercise will take place in 2026 on the secondary legislation required to implement certain provisions.