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Isle of Man
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Appleby
This Act repeals the European Communities (Isle of Man) Act 1973 and makes provisions consequent upon the withdrawal of the UK from the EU (Exit Day).
Isle of Man
Appleby
The Act addresses several recommendations made within the MONEYVAL Mutual Evaluation Report of the Isle of Man, as well as addressing other matters identified by various authorities in relation to anti-money laundering and the effective prosecution of financial crime.
Appleby
The Q&A gives a high level overview of the market trends and regulatory framework in the insurance and reinsurance market; the definitions for a contract of insurance and a contract of reinsurance
Appleby
In the race towards greater regulation and the codification of requirements to treat customers fairly, the general perception is that the Isle of Man life sector was lapped some time ago.
DQ Advocates
Senior Associate Leanne McKeown addressed the ACSP's packed AGM at the end of October on the topic of "Employment Law Developments – Equality and Whistleblowing".
Simcocks
From August 12 2016 when the UK's Insurance Act 2015 takes effect there will be differences affecting business (ie non-consumer) policies issued in Isle of Man and those issued in UK, including renewals.
DQ Advocates
The Insurance Institute of the Isle of Man have announced details of this year's Regulatory Conference, which will be held at the Sefton Hotel on Wednesday 11th November.
Appleby
The Isle of Man has enacted dedicated legislation to provide a bespoke authorisation and supervision regime for insurance special purpose vehicles...
DQ Advocates
The Isle of Man has introduced new insurance special purpose vehicle (ISPV) Legislation which enhances the Island's already attractive insurance business offering.
Simcocks
The Courts in the Isle of Man have again upheld the right of a shipowner resident in the Isle of Man to limit their liability under the 1976 Convention.
Appleby
A freezing injunction is an order granted under Rule 7.16 (f) of the Isle of Man Rules of the High Court of Justice 2009.
Simcocks
A trustee is under a strict obligation to distribute the trust assets in accordance with the trust. In many cases this is simple, as where one person is entitled to the distribution.
DQ Advocates
Legislation has come into effect in the Isle of Man which provides for the incorporation of a new type of corporate vehicle, the Incorporated Cell Company ("ICC").
Department of Economic Development
The Isle of Man Captive Association recently attended the Federation of European Risk Management Association (FERMA) Conference in Stockholm as part of ongoing efforts to promote the Island as the captive insurance domicile of choice.
Department of Economic Development
Current market volatility caused by the restriction in global credit only serves to underscore the need for proper protection of assets, according to David Vick, Chief Executive of the Isle of Man Insurance and Pensions Authority.
Department of Economic Development
The Isle of Man's insurance industry represents one of the 'three legs' of the Island's all-important economic engine-house - along with banking and financial services.
Department of Economic Development
The first Japanese owned reinsurance company to set up business in the Isle of Man has just received its licence to operate from the Insurance and Pensions Authority.
Department of Economic Development
The Island’s reputation for attracting high quality captive business has been endorsed by a large tranche of the UK’s Top 100 companies for more than two decades.
Ernst & Young
Deloitte & Touche
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