Statistics

Number of Financial Services Act 2008 Licenceholders as at 21/09/2017 — 212

Some licenceholders have more than one class of licence, hence the figures in the table below do not add up to the quoted total.

Financial Services Act 2008 - Licenceholders

Regulated Activity Number
Class 1(1) - Deposit Taking 17
Class 1(2) - Restricted Deposit Taking 0
Class 1(3) - Bank Representative Office 0
Class 2 - Investment Business 46
Class 3 - Services to Collective Investment Schemes 50
Class 4 - Corporate Services 147
Class 5 - Trust Services 109
Class 6 - Crowdfunding Platforms 0
Class 7 - Management or Administration Services 9
Class 8 - Money Transmission Services 5

Number of Collective Investment Schemes

Regulated Activity Number
Authorised Collective Investment Schemes 5
Experienced Investor Funds (including Legacy, Qualifying and Closed) 20
Regulated Funds/Full International Schemes 7
Specialist Funds 19
Qualifying Funds 13

The Isle of Man Financial Services Authority (“the Authority”) publishes statistics on a regular basis, which summarise the size and level of activity within the various sectors of the finance industry in the Isle of Man. As well as current figures, some historical figures are also included to show how the sectors have developed over recent years. The Authority’s policy is, subject to the availability of data, to be transparent with industry statistics so that the users of the Island’s products and services can make informed judgements about the markets in which they are dealing.

Bank Deposits

Date Sterling (£'billions) Non-Sterling (£'billions) Total Bank Deposits (£'billions)
30/06/17 21.23 15.21 36.44
31/03/17 22.34 17.40 39.74
31/12/16 24.38 18.46 42.84
30/09/16 25.47 17.51 42.98
30/06/16 24.89 16.69 41.58
31/03/16 24.49 15.37 39.86
31/12/15 24.70 15.32 40.02
30/09/15 25.07 14.91 39.98
30/06/15 25.79 14.42 40.21
31/03/15 25.85 15.42 41.27
31/12/14/ 25.53 15.23 40.76
31/12/13 27.04 14.86 41.90
31/12/12 30.91 15.44 46.35
31/12/11 30.97 16.04 47.01
31/12/10 31.95 18.28 50.23
31/12/09 32.67 19.28 52.89
31/12/08 36.34 20.95 57.29
31/12/07 33.95 16.59 50.54
31/12/06 30.23 13.16 43.39
31/12/05 26.78 10.70 37.48
31/12/04 22.14 8.56 30.7
31/12/03 20.29 8.62 28.91
31/12/02 18.79 9.01 27.8
31/12/01 17.72 9.27 26.99
31/12/00 17.83 6.86 24.69
31/12/99 15.2 7.76 22.96
31/12/98 14.98 7.33 22.31

 

Bank Deposits (Incl Overseas branches)

Date Sterling (£'billions) Non-Sterling (£'billions) Total Bank Deposits (£'billions)
30/06/17 21.41 15.25 36.66
31/03/17 22.52 17.44 39.96
31/12/16 24.55 18.49 43.04
30/09/16 32.35 23.10 55.45
30/06/16 31.69 22.64 54.33
31/03/16 31.21 21.07 52.28
31/12/15 32.55 20.62 53.17
30/09/15 32.11 20.27 52.38
30/06/15 32.92 19.45 52.37
31/03/15 33.58 20.42 54.00
31/12/14 32.81 20.31 53.12
31/12/13 32.59 19.59 52.18
31/12/12 36.32 20.13 56.45
31/12/11 36.38 20.85 57.23
31/12/10 37.96 24.25 62.21
31/12/09 39.26 23.84 63.10
31/12/08 43.71 26.25 69.96
31/12/07 42.24 21.12 63.36
31/12/06 38.05 16.40 54.45

Funds Under Management/Administration

Date Total Funds under management($ billions)
30/06/17 17.52
31/03/17 17.68
31/12/16 18.20
30/09/16 20.87
30/06/16 20.02
31/03/16 22.24
31/12/15 22.46
30/09/15 21.37
31/03/15 20.74
31/12/14 18.47
31/12/13 21.6
31/12/12 22.3
31/12/11 22.3
31/12/10 27.9
31/12/09 33.9
31/12/08 43.0
31/12/07 53.2
31/12/06 41.9
31/12/05 25.2
31/12/04 13.6
31/12/03 9.8
31/12/02 7.7
31/12/01 7.3
31/12/00 7.8
31/12/99 6.6
* 30/06/05 figures revised to incorporate all categories of collective investment schemes.
** The figures for September 2011 to March 2012 have been restated. This restatement corrects an over reporting by one administrator for the period.

Companies, Trusts & Partnerships under administration by Fiduciary Services

Companies and Partnerships           
  2011/2012  2012/2013  2013/2014  2014/2015  2015/2016 
IOM Companies 19,652*  18,683* 18,256* 18,496 18,223
Other Companies 12,683 15,036 15,883 16,631 15,631
Partnerships 575 529 533 490 480
Total 32,910  34,248  34,942  34,869  34,334 

 

Trusts          
  2011/2012  2012/2013  2013/2014  2014/2015  2015/2016 
Trusts 21,411 19,567 19,089 18,372 17,247
Private Trust Companies 347 292 645 218 205
Total 21,758 19,850 19,734 18,590 17,452
*2011/12 - 5,637 are 2006 Act Companies
2012/13 - 5,952 are 2006 Act Companies
2013/14 - 6,915 are 2006 Act Companies
2014/15 - 7,546 are 2006 Act Companies
2015/16 - 8,026 are 2006 Act Companies