Authority issues perimeter guidance for the provision of registered office and accommodation address services

The Isle of Man Financial Services Authority has published perimeter guidance concerning the provision of registered office and accommodation address services.

The purpose of this guidance is to assist companies and individuals in determining whether their activities may fall within the regulatory perimeter under the Financial Services Act 2008 (‘FSA08’) specifically, under Class 4 of the Regulated Activities Order 2011 (‘RAO’).

The provision of registered office and accommodation address services is a regulated activity under Class 4. Persons conducting these activities by way of business must consider whether they require a license under the FSA08, or whether they fall within a relevant exclusion or exemption.

The guidance can be accessed here.

Further guidance highlighting some of the requirements relating to a registered office, issued by the Central Registry of the Isle of Man can be found in this Practice Note.

For any queries, please email policy@iomfsa.im