Isle of Man Fund Management Association http://www.fma.org.im Isle of Man Fund Management Association Fri, 07 Aug 2020 04:31:47 +0100 en-us IOMWFSA - 2020 - Keeping up the good work http://www.fma.org.im//news-detail.php?IOMWFSA---2020---Keeping-up-the-good-work-230 Looking back at 2019 and ahead at 2020 Thu, 13 Feb 2020 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IOMWFSA---2020---Keeping-up-the-good-work-230 New appointments to IOMWFSA http://www.fma.org.im//news-detail.php?New-appointments-to-IOMWFSA-227 The Isle of Man Wealth and Fund Services Association is pleased to announce the new Committee following its recent AGM.

Tue, 08 Jan 2019 00:00:00 +0000 http://www.fma.org.im/news-detail.php?New-appointments-to-IOMWFSA-227
Morning Chatter 2019 events http://www.fma.org.im//news-detail.php?Morning-Chatter-2019-events-228 Morning Chatter - a series of monthly events, providing current industry updates presented by industry experts, IOM Government representatives, the Information Commissioner and the Financial Services Authority. Tue, 08 Jan 2019 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Morning-Chatter-2019-events-228 IOMWFSA Annual Dinner 2019 http://www.fma.org.im//news-detail.php?IOMWFSA-Annual-Dinner-2019-229 Isle of Man Wealth & Fund Association Annual Dinner 2019 Tue, 08 Jan 2019 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IOMWFSA-Annual-Dinner-2019-229 Breakfast Seminar in Association with Pro Manchester http://www.fma.org.im//news-detail.php?Breakfast-Seminar-in-Association-with-Pro-Manchester-224 On 23 October 2018 a delegation from the Isle of Man Wealth and Fund Services Association travelled to Manchester to give a presentation to local professionals in relation to the Isle of Man’s expertise in investment property.

Further details can be found in the attached article.
Tue, 13 Nov 2018 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Breakfast-Seminar-in-Association-with-Pro-Manchester-224
New Exemptions for Fund Managers http://www.fma.org.im//news-detail.php?New-Exemptions-for-Fund-Managers-223 Acting as manager, asset manager or investment advisor to a fund is typically a regulated activity in the Isle of Man and is licensed by the Isle of Man Financial Services Authority (IOMFSA). However, Isle of Man law now allows for the establishment of a person to act as exempt manager, exempt asset manager and/or exempt investment adviser without having to be regulated by the IOMFSA.
Exemption for Managers, Asset Managers and Investment Advisers
Tue, 13 Feb 2018 00:00:00 +0000 http://www.fma.org.im/news-detail.php?New-Exemptions-for-Fund-Managers-223
A presentation on The International Stock Exchange http://www.fma.org.im//news-detail.php?A-presentation-on-The-International-Stock-Exchange-222 We are delighted to invite you to a presentation that will be given by Carolyn Gelling on The International Stock Exchange (“TISE”). Mon, 12 Feb 2018 00:00:00 +0000 http://www.fma.org.im/news-detail.php?A-presentation-on-The-International-Stock-Exchange-222 New listings rise and award win for TISE http://www.fma.org.im//news-detail.php?New-listings-rise-and-award-win-for-TISE-220 There were 331 new listings on The International Stock Exchange (TISE) during a first half of the year when it opened its office in the Isle of Man. Thu, 31 Aug 2017 00:00:00 +0100 http://www.fma.org.im/news-detail.php?New-listings-rise-and-award-win-for-TISE-220 New Client Success for Pacific Fund Systems http://www.fma.org.im//news-detail.php?New-Client-Success-for-Pacific-Fund-Systems-219 Pacific Fund Systems, the leading provider of global fund administration software, today announced that ZEDRA, an independent global specialist service provider, has selected their PFS-PAXUS fund administration software for its fund administration operations. Tue, 27 Jun 2017 00:00:00 +0100 http://www.fma.org.im/news-detail.php?New-Client-Success-for-Pacific-Fund-Systems-219 Isle of Man Funds Association London Drinks Reception 2017 http://www.fma.org.im//news-detail.php?Isle-of-Man-Funds-Association-London-Drinks-Reception-2017-218 The Isle of Man Wealth & Fund Services Association is hosting an evening drinks reception event in London on Wednesday 10th May 2017 at the Radisson Blu Portman Hotel. All members of the Association are encouraged to attend and support this event by extending the invitation to their wider network Wed, 26 Apr 2017 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Isle-of-Man-Funds-Association-London-Drinks-Reception-2017-218 Financial Services Rule Book 2016 http://www.fma.org.im//news-detail.php?Financial-Services-Rule-Book-2016-216 On 15 November 2016, Tynwald approved the Financial Services Rule Book 2016 which will come into effect on 1 January 2017. Tue, 13 Dec 2016 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Financial-Services-Rule-Book-2016-216 Business showcase for the island in the City of London http://www.fma.org.im//news-detail.php?Business-showcase-for-the-island-in-the-City-of-London-215 The Isle of Man Wealth & Fund Services Association hosted its annual lunch at the Clothworkers Hall in the heart of the City of London.

Mon, 12 Dec 2016 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Business-showcase-for-the-island-in-the-City-of-London-215
2016 Annual General Meeting http://www.fma.org.im//news-detail.php?2016-Annual-General-Meeting-212 The Association is pleased to announce that its Annual General Meeting will be held at the Sefton Hotel on the 13th December 2016. Fri, 18 Nov 2016 00:00:00 +0000 http://www.fma.org.im/news-detail.php?2016-Annual-General-Meeting-212 IOM Insolvency Law Update http://www.fma.org.im//news-detail.php?IOM-Insolvency-Law-Update-211 We are pleased to advise that MannBenham have agreed to provide an update on the Islands corporate insolvency laws.

The seminar will be held in the Embassy Room, The British Hotel on the 22 November 2016. Registration will commence at 10:15 and the seminar will start at 10:30.
Mon, 14 Nov 2016 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IOM-Insolvency-Law-Update-211
Beneficial Ownership Bill 2017 http://www.fma.org.im//news-detail.php?Beneficial-Ownership-Bill-2017-210 Treasury has launched a consultation on the draft Beneficial Ownership Bill 2017 which seeks to give effect to the Island’s obligation arising from an Exchange of Notes with the UK to introduce a central database of beneficial ownership of the widest possible range of corporate and legal entities incorporated in the Isle of Man by 30 June 2017.

To participate in the consultation please use the online response form which can be accessed via the link below.
Mon, 07 Nov 2016 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Beneficial-Ownership-Bill-2017-210
Isle of Man Department of Economic Development http://www.fma.org.im//news-detail.php?Isle-of-Man-Department-of-Economic-Development-209 New Business Toolkit

Senior representatives from the Isle of Man Government launched the Island’s new Business Toolkit at a business breakfast on the 27th October. Simon Pickering, Head of On-Island Development, said "our new strategy is to ensure local financial & professional services businesses are aware of all current DED initiatives".
Fri, 04 Nov 2016 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Isle-of-Man-Department-of-Economic-Development-209
THE ISLE OF MAN’S BANKING RENAISSANCE http://www.fma.org.im//news-detail.php?THE-ISLE-OF-MAN-S-BANKING-RENAISSANCE-208 Seminar to be held on the 1 November 2016 at 14:30 at the Embassy Room, British Hotel,
Mon, 24 Oct 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?THE-ISLE-OF-MAN-S-BANKING-RENAISSANCE-208
PACIFIC FUND SYSTEMS: FURTHER EXPANSION OF ISLE OF MAN TEAM http://www.fma.org.im//news-detail.php?PACIFIC-FUND-SYSTEMS-FURTHER-EXPANSION-OF-ISLE-OF-MAN-TEAM-206 London, 23rd August 2016

Pacific Fund Systems Limited (PFS), the leading global provider of fully integrated fund administration software via its award winning PFS-PAXUS application, has announced two further appointments to its growing Isle of Man based team.
Tue, 23 Aug 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?PACIFIC-FUND-SYSTEMS-FURTHER-EXPANSION-OF-ISLE-OF-MAN-TEAM-206
Proposals to Accelerate Economic Growth http://www.fma.org.im//news-detail.php?Proposals-to-Accelerate-Economic-Growth-202 The Department of Economic Development has issued a consultation, seeking views on proposals to accelerate economic growth by expanding the economically active population. Fri, 12 Aug 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Proposals-to-Accelerate-Economic-Growth-202 Isle of Man Apprentice Programme for ICT Sector http://www.fma.org.im//news-detail.php?Isle-of-Man-Apprentice-Programme-for-ICT-Sector-203 The Department of Economic Development, working with the Department of Education and Children and the Manx Information Communication Technology Association (MICTA), has launched a new apprentice training programme for the IT sector. Fri, 12 Aug 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Isle-of-Man-Apprentice-Programme-for-ICT-Sector-203 UPCOMING EVENTS - Update http://www.fma.org.im//news-detail.php?UPCOMING-EVENTS---Update-204 The Isle of Man Wealth & Fund Services Association, in conjunction with the Department of Economic Development, attend, host and regularly co-sponsor a series of events in the UK and elsewhere. The purpose is to promote the Island and its services. Member Firms of the Association gain free access to these events. The program of events for the remainder of 2016 is currently as attached.

If your firm would be interested in hearing more about these events and potentially participating by way of attendance, please do not hesitate to contact Kristan King, Chairman of our Marketing Sub-Committee, in the first instance.
Fri, 12 Aug 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?UPCOMING-EVENTS---Update-204
Forthcoming Isle of Man General Election http://www.fma.org.im//news-detail.php?Forthcoming-Isle-of-Man-General-Election-205 The Isle of Man Chamber of Commerce recently issued the following press release, which we are pleased to circulate to our members.
Fri, 12 Aug 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Forthcoming-Isle-of-Man-General-Election-205
IOMWFSA hosts London Drinks Reception http://www.fma.org.im//news-detail.php?IOMWFSA-hosts-London-Drinks-Reception-201 The Isle of Man Wealth and Funds Services Association hosted a successful drinks reception in the West End of London.
Mon, 08 Aug 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?IOMWFSA-hosts-London-Drinks-Reception-201
FATCA/CRS & Regulatory Update Seminar 26 July 2016 http://www.fma.org.im//news-detail.php?FATCA-CRS-Regulatory-Update-Seminar-26-July-2016-200 With the June 2016 FATCA submissions now complete the financial services industry will need to brace itself for the reporting obligations under the Common Reporting Standard (“CRS”).
A panel discussion will close the seminar and will discuss the Associations activities and issues such as the Exempt Manager, AoBo concessions, the latest consultation on the Financial Services Handbook and Sound Practice Guidelines.
Tue, 19 Jul 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?FATCA-CRS-Regulatory-Update-Seminar-26-July-2016-200
PFS Expansion of European Management Team 12 July 2016 http://www.fma.org.im//news-detail.php?PFS-Expansion-of-European-Management-Team-12-July-2016-199 Pacific Fund Systems Limited (PFS), the leading global provider of fully integrated fund accounting and transfer agency administration software via its award winning PFS-PAXUS application, has announced two new senior appointments to its Isle of Man based executive team. Tue, 12 Jul 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?PFS-Expansion-of-European-Management-Team-12-July-2016-199 Upcoming Events - UPDATE http://www.fma.org.im//news-detail.php?Upcoming-Events---UPDATE-198 The Isle of Man Wealth & Fund Services Association, in conjunction with the Department of Economic Development, attend, host and regularly co-sponsor a series of events in the UK and elsewhere. The purpose is to promote the Island and its services. Member Firms of the Association gain free access to these events. The program of events for the remainder of 2016 is currently as attached, with the possibility to add further events subject to demand.

If your firm would be interested in hearing more about these events and potentially participating by way of attendance, please do not hesitate to contact Kristan King, Chairman of our Marketing Sub-Committee, in the first instance.
Wed, 29 Jun 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Upcoming-Events---UPDATE-198
Benefits of being a Member of the Association http://www.fma.org.im//news-detail.php?Benefits-of-being-a-Member-of-the-Association-197 There are a number of benefits attached to membership of the Isle of Man Wealth & Fund Services Association, as detailed in the attached factsheet: Mon, 27 Jun 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Benefits-of-being-a-Member-of-the-Association-197 Funds in the Isle of Man http://www.fma.org.im//news-detail.php?Funds-in-the-Isle-of-Man-195 The attached article appeared in the June edition of Corporate INTL Magazine Mon, 20 Jun 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Funds-in-the-Isle-of-Man-195 Russian HNWI Forum Spain http://www.fma.org.im//news-detail.php?Russian-HNWI-Forum-Spain-196 A delegation from the Isle of Man Wealth & Funds Association will attend the Fi Forum Russian HNWI Forum Spain on 30th June 2016. Mon, 20 Jun 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Russian-HNWI-Forum-Spain-196 'Funding Businesses at Every Stage' 24th June 2016 http://www.fma.org.im//news-detail.php?Funding-Businesses-at-Every-Stage-24th-June-2016-193 Isle of Man Department of Economic Development invites you to the International Festival for Business 2016 Tue, 14 Jun 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Funding-Businesses-at-Every-Stage-24th-June-2016-193 Association rebrands to “Isle of Man Wealth & Fund Services Association” http://www.fma.org.im//news-detail.php?Association-rebrands-to-Isle-of-Man-Wealth-Fund-Services-Association-192 The Isle of Man Funds Association has today announced its rebranding and change of name to the Isle of Man Wealth & Fund Services Association. Wed, 04 May 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Association-rebrands-to-Isle-of-Man-Wealth-Fund-Services-Association-192 Consultation - Financial Services Rule Book 2016 http://www.fma.org.im//news-detail.php?Consultation---Financial-Services-Rule-Book-2016-190 The Isle of Man Financial Services Authority has issued a public consultation on the draft Financial Services Rule Book 2016, which is planned to replace the current Rule Book on 1st January 2017. The consultation document includes a link to a tracked changes version of the draft Rule Book 2016. Tue, 03 May 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Consultation---Financial-Services-Rule-Book-2016-190 Riva Financial Systems successfully launches Canadian FundSERV connectivity http://www.fma.org.im//news-detail.php?Riva-Financial-Systems-successfully-launches-Canadian-FundSERV-connectivity-191 Isle of Man, 3rd May, 2016 – Local software company Riva Financial Systems Limited has today announced that their Riva Transfer Agent (‘Riva TA’) application is able to fully support the distribution and servicing of European SICAV funds into Canada, via Canadian FundSERV. Tue, 03 May 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Riva-Financial-Systems-successfully-launches-Canadian-FundSERV-connectivity-191 Investments and Insurers - Solvency II’s arrival, and the Isle of Man’s approach http://www.fma.org.im//news-detail.php?Investments-and-Insurers---Solvency-II-s-arrival-and-the-Isle-of-Man-s-approach-189 The IOM Branch of the Chartered Institute for Securities & Investment (CISI) have arranged a presentation for their Members on Solvency II and the approach that is being applied to investments and insurers. CISI have kindly extended an invitation to members of the Association. Wed, 27 Apr 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Investments-and-Insurers---Solvency-II-s-arrival-and-the-Isle-of-Man-s-approach-189 Isle of Man Funds Association London Drinks Reception http://www.fma.org.im//news-detail.php?Isle-of-Man-Funds-Association-London-Drinks-Reception-188 Isle of Man Funds Association to host a Drinks Reception in London on Wednesday 4th May Tue, 26 Apr 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Isle-of-Man-Funds-Association-London-Drinks-Reception-188 Isle of Man Funds Association hosts Annual Dinner http://www.fma.org.im//news-detail.php?Isle-of-Man-Funds-Association-hosts-Annual-Dinner-187 On Friday 11th March 2016 the Isle of Man Funds Association hosted their Annual Dinner at the Palace Hotel. The Association, and the evenings sponsors RBS International and MAC Group, welcomed over 180 guests from local fund management, wealth management and associated service provider firms. Former easyJet Sales and Marketing Director, Mr Tony Anderson, attended as guest speaker for the evening. Thu, 14 Apr 2016 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Isle-of-Man-Funds-Association-hosts-Annual-Dinner-187 Isle of Man Funds Association Annual General Meeting & Luncheon http://www.fma.org.im//news-detail.php?Isle-of-Man-Funds-Association-Annual-General-Meeting-Luncheon-181 The Isle of Man Funds Association hosted its Annual General Meeting and Luncheon at the Sefton Hotel on 3rd December. Thu, 28 Jan 2016 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Isle-of-Man-Funds-Association-Annual-General-Meeting-Luncheon-181 Isle of Man Funds Association hosts annual London Luncheon http://www.fma.org.im//news-detail.php?Isle-of-Man-Funds-Association-hosts-annual-London-Luncheon-182 The Isle of Man Funds Association hosted its annual Luncheon at the Clothworkers Hall in London on 12th November. Thu, 28 Jan 2016 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Isle-of-Man-Funds-Association-hosts-annual-London-Luncheon-182 2016 Annual Dinner - SAVE THE DATE http://www.fma.org.im//news-detail.php?2016-Annual-Dinner---SAVE-THE-DATE-178 The ISLE OF MAN FUNDS ASSOCIATION Annual Dinner is to be held at The Palace Hotel & Casino, on Friday, 11 March 2016 Thu, 22 Oct 2015 00:00:00 +0100 http://www.fma.org.im/news-detail.php?2016-Annual-Dinner---SAVE-THE-DATE-178 Isle of Man named ‘Best International Finance Centre’ http://www.fma.org.im//news-detail.php?Isle-of-Man-named-Best-International-Finance-Centre-177 The Isle of Man’s financial services industry was the big winner at the Professional Advisor International Fund and Product Awards 2015 which were presented in London on Wednesday night (7th October). The Isle of Man was named ‘Best International Finance Centre’ fending off strong competition from Jersey, Guernsey, Malta, Luxembourg and Dublin. Mon, 12 Oct 2015 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Isle-of-Man-named-Best-International-Finance-Centre-177 Invitation to a seminar on Crowd Funding http://www.fma.org.im//news-detail.php?Invitation-to-a-seminar-on-Crowd-Funding-176 The Isle of Man Funds Association is sponsoring a seminar on Crowd Funding - The Compelling Alternative to Traditional Sources of Business Funding Fri, 28 Aug 2015 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Invitation-to-a-seminar-on-Crowd-Funding-176 IOM Funds Association Newsletter - July 2015 http://www.fma.org.im//news-detail.php?IOM-Funds-Association-Newsletter---July-2015-175 Association Chairman David McGarry issues his latest newsletter bringing all Member Firms up-to-date with the marketing activities that have taken place over the past several months, and our very ambitious and extensive programme planned for the Autumn.
Wed, 08 Jul 2015 00:00:00 +0100 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-Newsletter---July-2015-175
Invitation to attend '“Getting the most out of LinkedIn” education lecture by Mark Walton http://www.fma.org.im//news-detail.php?Invitation-to-attend-Getting-the-most-out-of-LinkedIn-education-lecture-by-Mark-Walton-174 Isle of Man Fund Association members have been invited to attend an educational lecture on “Getting the most out of LinkedIn” by Mark Walton, a Regional Account Manager in LinkedIn’s Talent Solutions division. This event has been organised by the Institute of Financial Services and is to be held at the Claremont Hotel on Thursday 23rd April 2015. Sun, 29 Mar 2015 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Invitation-to-attend-Getting-the-most-out-of-LinkedIn-education-lecture-by-Mark-Walton-174 IOM Funds Association hosts Annual Dinner 2015 http://www.fma.org.im//news-detail.php?IOM-Funds-Association-hosts-Annual-Dinner-2015-173 Alan Wright, one of the most well-known voices on BBC Radio for nearly 30 years, and more recently, a familiar face on BBC TV, attended the Isle of Man Fund Association’s Annual Dinner as its after-dinner guest speaker at the Palace Hotel and Casino in Douglas on Friday 13th March 2015. Tue, 24 Mar 2015 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-hosts-Annual-Dinner-2015-173 IOM Funds Association Newsletter - February 2015 http://www.fma.org.im//news-detail.php?IOM-Funds-Association-Newsletter---February-2015-172 With the Christmas / New Year festivities now a distant memory, the Committee have been very busy over the past couple of months in a number of areas, particularly focusing on Marketing, Regulatory Consultations and updating our Members’ Website. The purpose of this Newsletter is to bring all members up-to-date with all of these recent developments, and in particular to share with you our 2015 Marketing Programme. Fri, 27 Feb 2015 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-Newsletter---February-2015-172 Global Deployment of Riva Transfer Agent software solution successfully continues at Franklin Templeton Investments http://www.fma.org.im//news-detail.php?Global-Deployment-of-Riva-Transfer-Agent-software-solution-successfully-continues-at-Franklin-Templeton-Investments-171 Isle of Man headquartered leading software company, Riva Financial Systems Limited, has announced the completion of the second major phase of the global deployment of its award winning Riva Transfer Agent (“Riva TA”) software solution across the entire transfer agency operations at Franklin Templeton Investments, following the transition of the asset manager’s UK transfer agency operations onto the Riva TA solution. Thu, 12 Feb 2015 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Global-Deployment-of-Riva-Transfer-Agent-software-solution-successfully-continues-at-Franklin-Templeton-Investments-171 IOM Funds Association 2014 Annual General Meeting http://www.fma.org.im//news-detail.php?IOM-Funds-Association-2014-Annual-General-Meeting-170 The Isle of Man Funds Association are hosting their Annual General Meeting and Luncheon on Friday 12th December 2014 at The Sefton Hotel, Harris Promenade, Douglas. Tue, 09 Dec 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-2014-Annual-General-Meeting-170 IOM Funds Association host Open Evening and Drinks Reception http://www.fma.org.im//news-detail.php?IOM-Funds-Association-host-Open-Evening-and-Drinks-Reception-169 The Committee of the Isle of Man Funds Association hosted an Open Evening and Drinks Reception on the 23rd October at The Courthouse Club. Mon, 10 Nov 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-host-Open-Evening-and-Drinks-Reception-169 IOM Funds Chairman to speak at Leading Hedge Fund Conference http://www.fma.org.im//news-detail.php?IOM-Funds-Chairman-to-speak-at-Leading-Hedge-Fund-Conference-168 Isle of Man Funds Association Chairman to speak at the annual forum for the next generation of hedge fund managers – Hedge Fund Start-up Forum 2014. Wed, 15 Oct 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?IOM-Funds-Chairman-to-speak-at-Leading-Hedge-Fund-Conference-168 IOM Funds Association to host 2014 Open Evening and Drinks Reception http://www.fma.org.im//news-detail.php?IOM-Funds-Association-to-host-2014-Open-Evening-and-Drinks-Reception-167 The Committee of the Isle of Man Funds Association are hosting their 2014 Open Evening and Drinks Reception on the 23rd October at The Courthouse Club (entrance on Church Street) from 17:30. Tue, 30 Sep 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-to-host-2014-Open-Evening-and-Drinks-Reception-167 Riva Financial Systems win ‘Best Technology Solution Award’ at 2014 Fund Service Awards http://www.fma.org.im//news-detail.php?Riva-Financial-Systems-win-Best-Technology-Solution-Award-at-2014-Fund-Service-Awards-165 Riva Financial Systems are delighted to announce that they have won the prestigious Best Technology Solution award at the Fund Service Awards, held as part of Investment Week's Fund Management Summit (FMS) in London on 23rd September 2014. Mon, 29 Sep 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Riva-Financial-Systems-win-Best-Technology-Solution-Award-at-2014-Fund-Service-Awards-165 IOM Funds Delegation hosting Liverpool and Manchester based Open Evenings http://www.fma.org.im//news-detail.php?IOM-Funds-Delegation-hosting-Liverpool-and-Manchester-based-Open-Evenings-166 A delegation from the Isle of Man Funds Association will be hosting two short evening presentation and networking CPD events; in Liverpool on 29th September at Legends Lounge, Liverpool Football Club and in Manchester on 30th September at Hilton Deansgate, 303 Deansgate. Tue, 23 Sep 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?IOM-Funds-Delegation-hosting-Liverpool-and-Manchester-based-Open-Evenings-166 IOM Funds Association Supports Local Youth Band http://www.fma.org.im//news-detail.php?IOM-Funds-Association-Supports-Local-Youth-Band-164 The Isle of Man Fund Association has donated £1,685.00 to the Manx Youth Band, an Isle of Man registered charity headed by musical director and conductor Mr Ian Clague, MBE. The money was raised at the Association’s annual dinner this year as part of the proceeds from the evening’s raffle. Sat, 09 Aug 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-Supports-Local-Youth-Band-164 IOM Funds Association Chairman attends International Festival for Business 2014 http://www.fma.org.im//news-detail.php?IOM-Funds-Association-Chairman-attends-International-Festival-for-Business-2014-162 Paul Kneen, Chairman of the Isle of Man Funds Association and Chief Executive Officer of Abacus Financial Services Group, recently returned from the ‘Knowledge, Professional & Financial Services Week’ which formed part of the seven week International Festival for Business 2014 (IFB) in Liverpool. Mon, 04 Aug 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-Chairman-attends-International-Festival-for-Business-2014-162 IOM Funds Association to update IoD Isle of Man http://www.fma.org.im//news-detail.php?IOM-Funds-Association-to-update-IoD-Isle-of-Man-163 The Committee of the Isle of Man Funds Association will provide the IoD Membership with an update on the Isle of Man Funds offering, including explanation of the different fund types and the ancillary services which support the industry. Mon, 04 Aug 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-to-update-IoD-Isle-of-Man-163 Www.Employed.im invite members of the IOM Funds Association to their HR and Recruitment breakfast seminar to be held on Tuesday 29th July 2014 http://www.fma.org.im//news-detail.php?Www.Employed.im-invite-members-of-the-IOM-Funds-Association-to-their-HR-and-Recruitment-breakfast-seminar-to-be-held-on-Tuesday-29th-July-2014-161 Www.Employed.im have kindly invited members of the Isle of Man Funds Association to join them at their HR and Recruitment breakfast seminar on Tuesday 29th July to hear about local HR developments and network with peers. Thu, 17 Jul 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Www.Employed.im-invite-members-of-the-IOM-Funds-Association-to-their-HR-and-Recruitment-breakfast-seminar-to-be-held-on-Tuesday-29th-July-2014-161 IOM Funds Association to Speak at IFB Family Office Event on Tuesday 1st July 2014 http://www.fma.org.im//news-detail.php?IOM-Funds-Association-to-Speak-at-IFB-Family-Office-Event-on-Tuesday-1st-July-2014-160 Isle of Man Funds Association’s Chairman, Paul Kneen will join panel of expert speakers at Family Office breakfast event being held at the International Festival of Business on Tuesday 1st July 2014.
Wed, 25 Jun 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-to-Speak-at-IFB-Family-Office-Event-on-Tuesday-1st-July-2014-160
Anti-money Laundering and the Countering of Terrorist Financing Seminar to be held on 16th June 2014 http://www.fma.org.im//news-detail.php?Anti-money-Laundering-and-the-Countering-of-Terrorist-Financing-Seminar-to-be-held-on-16th-June-2014-159 The Isle of Man Funds Association Committee is offering Members the opportunity to gain more of an insight into the wider impact of AML/CFT, the current trends in relevant jurisdictions, current compliance issues and possible future developments and requirements. Mon, 09 Jun 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Anti-money-Laundering-and-the-Countering-of-Terrorist-Financing-Seminar-to-be-held-on-16th-June-2014-159 Seminar held to highlight implications of the Automatic Provision of Financial Information to the UK tax authority http://www.fma.org.im//news-detail.php?Seminar-held-to-highlight-implications-of-the-Automatic-Provision-of-Financial-Information-to-the-UK-tax-authority-158 The IOM Funds Association (IOMFA) and the Chartered Institute for Securities and Investment (CISI) co-hosted a seminar on 12 May 2014 on the implications for clients of member firms of the automatic provision of financial information to the UK tax authority. Tue, 03 Jun 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Seminar-held-to-highlight-implications-of-the-Automatic-Provision-of-Financial-Information-to-the-UK-tax-authority-158 Seminar: 'Tax Transparency 2016 - Are you and your clients ready?' http://www.fma.org.im//news-detail.php?Seminar-Tax-Transparency-2016---Are-you-and-your-clients-ready-157 The Isle of Man Funds Association and the Chartered Institute for Securities and Investment are co-sponsoring the 'Transparency 2016 - Are you and your clients ready?' seminar that is to be held on Monday 12th May 2014 at The Embassy Room in Douglas, Isle of Man. Mon, 28 Apr 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Seminar-Tax-Transparency-2016---Are-you-and-your-clients-ready-157 IOM Funds Association Delegation visiting Scotland http://www.fma.org.im//news-detail.php?IOM-Funds-Association-Delegation-visiting-Scotland-156 A delegation from the Isle of Man Funds Association will be hosting two short evening presentation and networking CPD events in Edinburgh on 28th April and in Glasgow on 29th April. Wed, 16 Apr 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-Delegation-visiting-Scotland-156 IOM Funds Association Sponsor Leading Hedge Fund Conference http://www.fma.org.im//news-detail.php?IOM-Funds-Association-Sponsor-Leading-Hedge-Fund-Conference-154 The Isle of Man Funds Association, in partnership with the Isle of Man Government’s Department of Economic Development, is to support a leading industry event targeting new ‘start-up’ investment funds and fund managers, as it sponsors the upcoming Hedge Fund Start-up Forum being held in London on 7 May 2014. Thu, 03 Apr 2014 00:00:00 +0100 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-Sponsor-Leading-Hedge-Fund-Conference-154 IOM Funds Association Dinner hosts Veteran BBC Broadcaster http://www.fma.org.im//news-detail.php?IOM-Funds-Association-Dinner-hosts-Veteran-BBC-Broadcaster-153 Garry Richardson a BBC veteran broadcaster attended the Isle of Man Fund Association’s Annual Dinner as its after-dinner guest speaker at the Palace Hotel and Casino in Douglas on Friday (14 March 2014). Mon, 24 Mar 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IOM-Funds-Association-Dinner-hosts-Veteran-BBC-Broadcaster-153 Citywealth ‘Leading Lawyer’ Speaks at IOM Funds Seminar http://www.fma.org.im//news-detail.php?Citywealth-Leading-Lawyer-Speaks-at-IOM-Funds-Seminar-152 Isle of Man Funds Association and CISI welcome leading Partner from UK law firm Forsters as guest speaker to regulatory event. Fri, 21 Mar 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Citywealth-Leading-Lawyer-Speaks-at-IOM-Funds-Seminar-152 Update on Isle of Man Funds Regulation http://www.fma.org.im//news-detail.php?Update-on-Isle-of-Man-Funds-Regulation-151 On Friday 14th March 2014, Claire Whitelegg, Deputy Director, Funds and Investment Services, Isle of Man Financial Supervision Commission, gave an update on Isle of Man investment business relations. A copy of the slides from her presentation is attached. Tue, 18 Mar 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Update-on-Isle-of-Man-Funds-Regulation-151 What is a Family Office? http://www.fma.org.im//news-detail.php?What-is-a-Family-Office-150 A question I am sometimes asked is “What exactly is a ‘Family Office’?” As the name suggests, a Family Office is an office established and dedicated to servicing the needs of wealthy families. Mon, 17 Mar 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?What-is-a-Family-Office-150 F.S.C Press Release Draft Designated Businesses (Registration and Oversight) Bill 2014 http://www.fma.org.im//news-detail.php?F.S.C-Press-Release-Draft-Designated-Businesses-Registration-and-Oversight-Bill-2014-149 F.S.C Press Release
Draft Designated Businesses (Registration and Oversight) Bill 2014
Thu, 13 Mar 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?F.S.C-Press-Release-Draft-Designated-Businesses-Registration-and-Oversight-Bill-2014-149
Isle of Man welcomes ethically structured Sharia investments By Ian Morley, the Isle of Man Funds Association's London representative. http://www.fma.org.im//news-detail.php?Isle-of-Man-welcomes-ethically-structured-Sharia-investments-By-Ian-Morley-the-Isle-of-Man-Funds-Association-s-London-representative.-148 Isle of Man welcomes ethically structured Sharia investments

By Ian Morley, the Isle of Man Funds Association's London representative.
Mon, 10 Mar 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Isle-of-Man-welcomes-ethically-structured-Sharia-investments-By-Ian-Morley-the-Isle-of-Man-Funds-Association-s-London-representative.-148
WITHHOLDING TAX SEMINAR http://www.fma.org.im//news-detail.php?WITHHOLDING-TAX-SEMINAR-147 In 2012 and 2013, the European court established that it was discriminatory and contrary to the free movement of capital principle for EU Member States to impose a higher level of taxation on dividends from portfolio investments paid to non-residents. Wed, 05 Mar 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?WITHHOLDING-TAX-SEMINAR-147 Joint Anti-Money Laundering Advisory Group Meeting http://www.fma.org.im//news-detail.php?Joint-Anti-Money-Laundering-Advisory-Group-Meeting-144 Funds Association members are advised that a JAMLAG meeting was held recently. We are pleased to provide an outline of issues that were discussed. Thu, 13 Feb 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Joint-Anti-Money-Laundering-Advisory-Group-Meeting-144 Thomas Miller Investments http://www.fma.org.im//news-detail.php?Thomas-Miller-Investments-145 Thomas Miller Investment (Isle of Man) Limited (“TMI”) has been granted an extension to its Financial Services license by the Isle of Man Financial Supervision Commission. The company now provides investment advisory services to collective investment schemes under a Class 3 (7) license permission as defined by the Financial Services Act 2008. This is in addition to the investment management services already provided to institutions, private clients and collective investment schemes. Thu, 13 Feb 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Thomas-Miller-Investments-145 Private Funds for High Net Worth Individuals and Family Offices http://www.fma.org.im//news-detail.php?Private-Funds-for-High-Net-Worth-Individuals-and-Family-Offices-146 The Isle of Man Exempt Scheme has received keen interest from local and international investors. It is a flexible, cost-effective structure that is particularly beneficial for use by HNWI’s and family offices. There were over 170 of these schemes in operation during 2013, with a total net asset value of around $5.45bn*. Thu, 13 Feb 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Private-Funds-for-High-Net-Worth-Individuals-and-Family-Offices-146 WITHHOLDING TAX http://www.fma.org.im//news-detail.php?WITHHOLDING-TAX-142 In 2012 and 2013, the European court established that it was discriminatory and contrary to the free movement of capital principle for EU Member States to impose a higher level of taxation on dividends from portfolio investments paid to non-residents. These rulings have been noted as breaching Articles 43 and 48 and Articles 56 and 58 of the EC Treaty. Wed, 05 Feb 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?WITHHOLDING-TAX-142 CIVIL PENALTIES CONSULTATION http://www.fma.org.im//news-detail.php?CIVIL-PENALTIES-CONSULTATION-143 Further to initial consultation in 2013, the Financial Supervision Commission ("FSC") has issued a second consultation on expansion of the civil penalties framework to include significant and material regulatory failings. The consultation document can be accessed below. Wed, 05 Feb 2014 00:00:00 +0000 http://www.fma.org.im/news-detail.php?CIVIL-PENALTIES-CONSULTATION-143 THOMAS MILLER INVESTMENT LAUNCHES NEW ALTERNATIVE INVESTMENTS FUND http://www.fma.org.im//news-detail.php?THOMAS-MILLER-INVESTMENT-LAUNCHES-NEW-ALTERNATIVE-INVESTMENTS-FUND-140 Thomas Miller Investment, a member of the 128 year old Thomas Miller Group of companies, has launched a new Alternative Investments Fund, which will be managed on a day to day basis by TMI’s Alternatives Research Team which is led by Abi Oladimeji, Head of Investment Strategy and is overseen by the TMI Investment Strategy Committees. Thu, 31 Oct 2013 00:00:00 +0000 http://www.fma.org.im/news-detail.php?THOMAS-MILLER-INVESTMENT-LAUNCHES-NEW-ALTERNATIVE-INVESTMENTS-FUND-140 Isle of Man first to sign agreement with UK on automatic sharing of tax information http://www.fma.org.im//news-detail.php?Isle-of-Man-first-to-sign-agreement-with-UK-on-automatic-sharing-of-tax-information-139 The Isle of Man has become the first British dependency to sign an agreement with the United Kingdom extending the automatic disclosure of tax information. Tue, 22 Oct 2013 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Isle-of-Man-first-to-sign-agreement-with-UK-on-automatic-sharing-of-tax-information-139 Still time to contribute to Vision 2020 http://www.fma.org.im//news-detail.php?Still-time-to-contribute-to-Vision-2020-138 The Department of Economic Development is urging Island businesses and organisations to contribute to the “Vision 2020” initiative by responding to an online questionnaire, if they have not done so already. Mon, 05 Aug 2013 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Still-time-to-contribute-to-Vision-2020-138 Isle of Man signs 25 AIFMD Cooperation Agreements - F.S.C Press Release http://www.fma.org.im//news-detail.php?Isle-of-Man-signs-25-AIFMD-Cooperation-Agreements---F.S.C-Press-Release-137 The Financial Supervision Commission (“the Commission”) is delighted to announce that 25 AIFMD Cooperation Agreements have been signed with EEA competent authorities as a first tranche of bilateral co-operation agreements. Further agreements are expected to be signed soon. A list of the competent authorities that have signed the agreements can be found on the link below. Tue, 09 Jul 2013 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Isle-of-Man-signs-25-AIFMD-Cooperation-Agreements---F.S.C-Press-Release-137 Isle of Man wins Best International Finance Centre Award http://www.fma.org.im//news-detail.php?Isle-of-Man-wins-Best-International-Finance-Centre-Award-136 The Isle of Man has been named ‘Best International Finance Centre’ in the Professional Advisor International Fund and Product Awards 2013 beating last year’s winners, Jersey, into second place. In addition, businesses based in the Isle of Man won over half of this year’s awards. Mon, 17 Jun 2013 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Isle-of-Man-wins-Best-International-Finance-Centre-Award-136 APPLEBY ACQUIRES CALEDONIAN ISLE OF MAN OPERATION http://www.fma.org.im//news-detail.php?APPLEBY-ACQUIRES-CALEDONIAN-ISLE-OF-MAN-OPERATION-134 Appleby, one of the world’s largest providers of legal and fiduciary services, has acquired Caledonian Trust (IOM) Limited and Caledonian Fund Services (Europe) Limited as part of the group’s ongoing strategy to grow its fiduciary and administration business. Fri, 31 May 2013 00:00:00 +0100 http://www.fma.org.im/news-detail.php?APPLEBY-ACQUIRES-CALEDONIAN-ISLE-OF-MAN-OPERATION-134 ESMA approves Isle of Man AIFMD cooperation agreement http://www.fma.org.im//news-detail.php?ESMA-approves-Isle-of-Man-AIFMD-cooperation-agreement-135 The European Securities and Markets Authority (“ESMA”) has approved a cooperation agreement with the Financial Supervision Commission (“the Commission”) of the Isle of Man and the EU securities regulators for the supervision of alternative investment funds, including hedge funds, private equity and real estate funds. ESMA has negotiated the agreement with the Commission on behalf of all 27 EU Member State securities regulators as well as EEA authorities from Croatia, Iceland, Liechtenstein and Norway. Fri, 31 May 2013 00:00:00 +0100 http://www.fma.org.im/news-detail.php?ESMA-approves-Isle-of-Man-AIFMD-cooperation-agreement-135 Advanced Certificate and Diploma in Fund Administration - enrolment now open http://www.fma.org.im//news-detail.php?Advanced-Certificate-and-Diploma-in-Fund-Administration---enrolment-now-open-133 CLT International is pleased to announce the launch of a revised version of the Advanced Certificate and Diploma in Fund Administration for 2013. Enrolment is now open - 10% discount for IOM Funds Association members! Tue, 19 Mar 2013 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Advanced-Certificate-and-Diploma-in-Fund-Administration---enrolment-now-open-133 Franklin Templeton Investments Deploys Riva Transfer Agent Software Solution http://www.fma.org.im//news-detail.php?Franklin-Templeton-Investments-Deploys-Riva-Transfer-Agent-Software-Solution-132 Riva Financial Systems Limited today announced the global deployment of its Riva Transfer Agent ("Riva TA") software solution across Franklin Templeton Investments' international transfer agency operations. Tue, 12 Mar 2013 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Franklin-Templeton-Investments-Deploys-Riva-Transfer-Agent-Software-Solution-132 Isle of Man continuing to pursue global opportunities http://www.fma.org.im//news-detail.php?Isle-of-Man-continuing-to-pursue-global-opportunities-127 Minister to lead Isle of Man trade mission to China Fri, 01 Mar 2013 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Isle-of-Man-continuing-to-pursue-global-opportunities-127 DED outlines plans to develop and diversify the economy http://www.fma.org.im//news-detail.php?DED-outlines-plans-to-develop-and-diversify-the-economy-131 ‘Agenda for Change – Our Economy’ document published Fri, 01 Mar 2013 00:00:00 +0000 http://www.fma.org.im/news-detail.php?DED-outlines-plans-to-develop-and-diversify-the-economy-131 IFG Trust and Corporate Group celebrates rebrand to First Names Group http://www.fma.org.im//news-detail.php?IFG-Trust-and-Corporate-Group-celebrates-rebrand-to-First-Names-Group-126 IFG Trust and Corporate Group is today delighted to reveal its new brand: First Names Group. Fri, 01 Feb 2013 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IFG-Trust-and-Corporate-Group-celebrates-rebrand-to-First-Names-Group-126 IFG completes Moore Group acquisition http://www.fma.org.im//news-detail.php?IFG-completes-Moore-Group-acquisition-125 The IFG Trust and Corporate Group has concluded the acquisition of Moore Group, following receipt of regulatory approval from the Jersey Financial Services Commission. Thu, 03 Jan 2013 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IFG-completes-Moore-Group-acquisition-125 IFG Trust and Corporate Group announces acquisition of the Moore Group http://www.fma.org.im//news-detail.php?IFG-Trust-and-Corporate-Group-announces-acquisition-of-the-Moore-Group-124 IFG Trust and Corporate Group announces acquisition of the Moore Group Fri, 16 Nov 2012 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IFG-Trust-and-Corporate-Group-announces-acquisition-of-the-Moore-Group-124 New Head of Private Investment Management (Offshore) at Thomas Miller Investment http://www.fma.org.im//news-detail.php?New-Head-of-Private-Investment-Management-Offshore-at-Thomas-Miller-Investment-123 Thomas Miller Investment (TMI), a member of the 127 year old Thomas Miller Group of Companies, is appointing Tom Richards as Head of Private Investment Management (Offshore). Mon, 17 Sep 2012 00:00:00 +0100 http://www.fma.org.im/news-detail.php?New-Head-of-Private-Investment-Management-Offshore-at-Thomas-Miller-Investment-123 Interactive Data: Solvency II Data Solutions http://www.fma.org.im//news-detail.php?Interactive-Data-Solvency-II-Data-Solutions-122 Interactive Data offers a comprehensive approach to managing the data and reporting requirements for asset managers and insurers under Solvency II. Mon, 30 Jul 2012 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Interactive-Data-Solvency-II-Data-Solutions-122 Capital International Group announce the appointment of Tina Corteen http://www.fma.org.im//news-detail.php?Capital-International-Group-announce-the-appointment-of-Tina-Corteen-121 Anthony Long, CEO of the Capital International Group of companies is delighted to announce the appointment of Tina Corteen as Senior Executive – Fund Solutions. Tue, 12 Jun 2012 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Capital-International-Group-announce-the-appointment-of-Tina-Corteen-121 Training proposals for 2012 http://www.fma.org.im//news-detail.php?Training-proposals-for-2012-120 Jeremy Bridle, Chairman – Training and Education sub-committtee, outlines training proposals. Wed, 30 May 2012 00:00:00 +0100 http://www.fma.org.im/news-detail.php?Training-proposals-for-2012-120 IFG continues the expansion of its specialist fund administration team http://www.fma.org.im//news-detail.php?IFG-continues-the-expansion-of-its-specialist-fund-administration-team-118 IFG Fund Administration has further strengthened its team which targets the alternative investment industry, as it seeks to grow its business. Thu, 01 Mar 2012 00:00:00 +0000 http://www.fma.org.im/news-detail.php?IFG-continues-the-expansion-of-its-specialist-fund-administration-team-118 The Isle of Man Funds Association has appointed as a Special Adviser http://www.fma.org.im//news-detail.php?The-Isle-of-Man-Funds-Association-has-appointed-as-a-Special-Adviser-117 Ian Morley who is one of the global pioneers of the Alternative Investment industry Advisor and was the founding Chairman of AIMA the global trade association for the hedge fund industry. Ian has held senior international positions with major firms before becoming a serial entrepreneur, involved with founding and building several billion dollar financial services companies. Ian trained as an Economist at the London School of Economics, Industrial fellow at Kingston Business School and is a member of Grays Inn. Ian has advised Central Banks, International regulators, the EU, OECD and many others on matters relating to Hedge Funds and regulation. Thu, 09 Feb 2012 00:00:00 +0000 http://www.fma.org.im/news-detail.php?The-Isle-of-Man-Funds-Association-has-appointed-as-a-Special-Adviser-117 AIFMD Anna Larris Vist http://www.fma.org.im//news-detail.php?AIFMD-Anna-Larris-Vist-116 The AIFM Directive – a presentation to IOM Fund Association

Ita Mc Ardle Chair of the Isle of Man Funds Association was pleased to welcome a representatives from all sectors of the industry to a presentation at the Manx Museum on the 18 January. The Isle of Man Government, Isle of Man Financial Supervision Commisson (FSC) and the Funds sector have been watching closely the development of the European led initiative to regulate all types of collective investment schemes ( “Funds “) which has been the personally driven crusades of a few Euro MP’s. The possible negative implications for managers of Funds in jurisdictions outside of European membership has been the crux of the concerns. The presentation was carefully timed to provide informed rather than speculative comment and to reassure the local industry that Government, FSC and the Isle of Man Funds Association are as well placed and responsive as our competitors to what will undoubtedly prove to be as much an opportunity as a challenge.
Wed, 08 Feb 2012 00:00:00 +0000 http://www.fma.org.im/news-detail.php?AIFMD-Anna-Larris-Vist-116
Professional Officer – a well-established regulated status http://www.fma.org.im//news-detail.php?Professional-Officer-a-well-established-regulated-status-114 In light of recent well publicised cases such as “Weavering” in the Cayman Islands along with so called “jumbo directors” (individuals acting in a non-executive director capacity to over 100 companies), the Isle of Man has shown itself to be forward thinking. Since 2000, individual non-executive directors within this jurisdiction, who hold more than 10 directorships of independent entities, are subject to regulation as “Professional Officers”. Tue, 31 Jan 2012 00:00:00 +0000 http://www.fma.org.im/news-detail.php?Professional-Officer-a-well-established-regulated-status-114 UK Offshore Investment Management Company of the Year http://www.fma.org.im//news-detail.php?UK-Offshore-Investment-Management-Company-of-the-Year-115 Good afternoon all

You may recall that last year I sent the e mail below requesting your support for Collins Stewart in the Citywealth 2012 Offshore Awards.
Tue, 31 Jan 2012 00:00:00 +0000 http://www.fma.org.im/news-detail.php?UK-Offshore-Investment-Management-Company-of-the-Year-115