News service provided by the Isle of Man Governmenthttp://www.gov.im/infocentre/en120181920212223241234567SaturdaySundayThe Commission has been notified that the Isle of Man Treasury, on 9th May 2008 published a new Notice regarding the introduction of various Financial Sanctions in relation to Anjouan. http://www.gov.im/lib/news/fsc/financialsanctio21.xmlThu, 15 May 2008 00:00:00 GMTF.S.CThe Financial Supervision Commission, with the concurrence of Treasury will be seeking Tynwald approval at the June sitting to reduce the annual return fee for qualifying members’ clubs from £320 to £75. http://www.gov.im/lib/news/fsc/reducedannualret.xmlWed, 14 May 2008 00:00:00 GMTF.S.CDetails of the comments received from industry in relation to the consultation on the Companies (Amendment) Bill issued on 4th January 2008, together with the Commission’s response, have been published today http://www.gov.im/lib/news/fsc/companiesamendme.xmlFri, 09 May 2008 00:00:00 GMTF.S.CThe Commission has been notified that the Isle of Man Treasury, on 6th May 2008 published new and updated information regarding the above Sanctions regime. http://www.gov.im/lib/news/fsc/myanmar1.xmlThu, 08 May 2008 00:00:00 GMTF.S.CThe Commission has recently become aware of the website, http://euromonumenthousefinance.com/ehf/, which claims to represent the entity Euro Monument House & Finance Plc. http://www.gov.im/lib/news/fsc/euromonumenthous.xmlWed, 07 May 2008 00:00:00 GMTF.S.CThe Commission has been notified that the Isle of Man Treasury, on 30th April 2008 and 1st May 2008 respectively , published new and updated information regarding the above Sanctions regimes. http://www.gov.im/lib/news/fsc/financialsanctio20.xmlFri, 02 May 2008 00:00:00 GMTF.S.CThe Commission has been notified that the Isle of Man Treasury, on 25th April 2008, published new and updated information regarding the above Sanctions regime. http://www.gov.im/lib/news/fsc/financialsanctio19.xmlTue, 29 Apr 2008 00:00:00 GMTF.S.CDetails of the comments received from industry in relation to the second consultation on the Regulated Activities Order and Exemption Regulations have been published today. These comments, the recent consultative paper and its Appendices can be found on the Commission’s website a http://www.gov.im/lib/news/fsc/carolprojectindu3.xmlMon, 28 Apr 2008 00:00:00 GMTF.S.CThere are several pieces of secondary legislation under the Banking Act 1998, the Investment Business Acts 1991 to 1993 and the Fiduciary Services Acts 2000 and 2005 (“the legacy acts”) that need to be replicated under the Financial Services Act 2008 http://www.gov.im/lib/news/fsc/carolprojectseco1.xmlMon, 28 Apr 2008 00:00:00 GMTF.S.CThe Commission has updated the Basel II section of its website to include the final quarterly reporting forms and guidance for incorporated banks and branches. The new guidance note to the forms is also available via the handbook for banks via the link http://www.gov.im/lib/news/fsc/baselii.xmlWed, 23 Apr 2008 00:00:00 GMTF.S.CThe Commission is pleased to announce that the Financial Services Bill and Collective Investment Schemes Bill have today completed their scrutiny in the Manx Parliament. The Bills have been submitted for Royal Assent and it is planned that they will be brought into force soon after Royal Assent is given. http://www.gov.im/lib/news/fsc/progressofthefin.xmlTue, 22 Apr 2008 00:00:00 GMTF.S.CThe Commission has been notified that the Isle of Man Treasury, on 14th April 2008 and 18th April 2008, published new and updated information regarding the above Sanctions regimes. http://www.gov.im/lib/news/fsc/financialsanctio18.xmlTue, 22 Apr 2008 00:00:00 GMTF.S.CThe Chief Executive of the Commission today spoke at a seminar for the industry and various practitioners on preparations for the visit to the Island of the IMF. A copy of the slides which were used are available on request to attendees from Laura O’Neil on <a href="laura.o’neil@fsc.gov.im" hreftype="email">laura.o’neil@fsc.gov.im</a> http://www.gov.im/lib/news/fsc/preparationsfort.xmlWed, 16 Apr 2008 00:00:00 GMTF.S.CThe Financial Supervision Commission has issued a document explaining the impact of the Financial Services Act 2008 (“the Act”) on money service businesses. http://www.gov.im/lib/news/fsc/forthcomingregul.xmlWed, 09 Apr 2008 00:00:00 GMTF.S.CThe Commission has become aware of correspondence purporting to have been sent by the above named individuals and making reference to Lorne House Trust Limited http://www.gov.im/lib/news/fsc/lornehousetrustl.xmlTue, 08 Apr 2008 00:00:00 GMTF.S.CWith effect from 6th April 2008, the fees charged in the Companies Registry are being increased http://www.gov.im/lib/news/fsc/increaseincompan2.xmlThu, 27 Mar 2008 00:00:00 GMTF.S.CThe Financial Supervision Commission (“the Commission”), as part of the current consolidation of regulatory legislation, has published a consultation on a draft Collective Investment Schemes (Definition) Order 2008. This order, which aims to replicate current arrangements, sets out the characteristics of arrangements that will not be treated as col http://www.gov.im/lib/news/fsc/consultationonth5.xmlTue, 25 Mar 2008 00:00:00 GMTF.S.CThe Commission has been notified that the Isle of Man Treasury, on 20th March 2008, published new and updated information regarding the above Sanctions regime. http://www.gov.im/lib/news/fsc/financialsanctio17.xmlTue, 25 Mar 2008 00:00:00 GMTF.S.CDetails of the comments received from industry in relation to the draft Conduct of Business, Risk Management and Internal Control, and Administration Chapters of the Financial Services Rule Book have been published today. http://www.gov.im/lib/news/fsc/carolprojectindu2.xmlThu, 20 Mar 2008 00:00:00 GMTF.S.CDetails of the comments received from industry in relation to the draft Conduct of Business, Risk Management and Internal Control, and Administration Chapters of the Financial Services Rule Book have been published today. http://www.gov.im/lib/news/fsc/carolprojectindu1.xmlThu, 20 Mar 2008 00:00:00 GMTF.S.C