Investment Business Handbook

Class 2 – Investment Businesses Handbook - Link to Register of licenceholders

Contents
1. Introduction

The Investment Business handbook is produced to provide licenceholders under the Financial Services Act 2008 (those who are licensed by the Isle of Man Financial Services Authority (“the Authority”) to conduct investment business in or from the Isle of Man), potential licenceholders and other interested parties with easy access to the legislation and guidance relating to investment business activities in or from the Isle of Man.

The handbook is only produced in an on-line format. However, copies of all statutory documents (original, un-amended, legislation) may be obtained from the Tynwald Library, by quoting the SD number shown at the top of each document.

Please find links below to the Financial Services Act 2008, secondary legislation and relevant pieces of guidance.

Guidance (and where applicable other legislation) relating to other Classes of Regulated Activities may be found in handbooks relating to other licensable activities: Deposit taking, Collective Investment Schemes, Corporate Service Providers, Trust Service Providers, Money transmission, and Management and Administration services.

In case of any query, please contact the Funds & Investment Services team at the Authority, on +44 (0)1624 689329.

2. Legislation

2.1 The Primary legislation governing investment business activities in or from the Isle of Man is the Financial Services Act 2008.

The following secondary legislation is made under powers contained in the Financial Services Act 2008. Where these regulations and regulatory codes have been amended after they were made, the “as amended” version is shown:

3. Guidance applicable to investment business activities

3.1 Guidance and forms which relate to investment business activities:

3.2 Guidance for investment business licenceholders dealing in OTC Derivatives and Structured Products

3.3 Disaster recovery/business continuity

The use of facilities on the Island by regulated businesses from other jurisdictions for temporary business continuity purposes is addressed by Schedule 2 of the Financial Services (Exemption) Regulations.

4. Guidance applicable to all licensable sectors/activities

Guidance on matters generic to all the Authority's licensable activities/ categories of business: