Having one financial regulator for the Island will produce a leaner, fitter system of regulation, according to Treasury Minister Eddie Teare.
On Tuesday, Tynwald voted to effectively merge the Financial Supervision Commission and Insurance and Pensions Authority into the Isle of Man Financial Services Authority.
Mr Teare told Jason Roberts more about the change:
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Family-run business in the south closes
It's due to 'ever-rising costs' and lack of trade
Southampton flights to start this weekend
Loganair to operate routes until March
Freelance artists have to get creative to make ends meet
Pressures on the industry mean professionals have to do 'a little bit of everything'
Access to financial products 'limited' on Isle of Man
Financial advisor wants it to be a conversation during the upcoming general election
