Regulatory Alerts2025-09-12
Business Plan Guidance
The Isle of Man Financial Services Authority issued this guidance to specify the content requirements for business plans submitted by applicants seeking authorization under the Financial Services Act 2008 and Insurance Act 2008. The document mandates detailed disclosures regarding corporate governance, risk management, financial projections, and outsourcing arrangements to demonstrate compliance and operational viability. It further outlines specific supporting documentation and additional provisions tailored to different classes of regulated activities and insurance business types.
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