Regulatory Alerts2025-05-16
Procedural Instructions and Guidance on Financial Resources Statements
The Isle of Man Financial Services Authority issued these procedural instructions to guide licensees in preparing Financial Resources Statements in compliance with the Financial Services Act 2008. The document mandates specific calculation methods for net tangible assets, liquid capital, and annual audited expenditure using a prescribed spreadsheet template. It further details the structural requirements for unconsolidated statements of financial position and profit and loss to ensure accurate reporting of financial resources.
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