Regulations aim to clearly identify who owns a legal entity
Residents views are being sought on potential changes to Beneficial Ownership laws on the Isle of Man.
Beneficial Ownership regulations aim to clearly identify who owns an entity such as a company.
Ian Spence of the Financial Services Authority (FSA) explains why having good regulations around this issue is important:
The Financial Services Authority wants to know what people think about introducing civil penalties regulations to broaden how the authority can deal with breaches.
The consultation is open until Monday, 28 February and is available HERE.
Public Health reports increase in flu-like illnesses
Cabinet Office spent more than £92k on North and West Area Plan inquiry last summer
MHK fears former MHK's meat plant role creates 'transparency issue'
Half of Island's public access defibrillators back in use thanks to charity
