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:
Clip 1
"Rough start" for Green Lounge amid travel disruption and fuel concerns
Isle of Man’s first cannabis café says early trading affected but remains committed to concept
New child employment rules come into force
Tynwald approved them in December 2025
Tourist tax would be 'wrong move at the wrong time', says Douglas hotelier
General manager of Welbeck Hotel says idea should be dismissed
Diesel price increases 'could put some taxi drivers out of business'
Manx Taxi Federation's reacting to the 50p jump
